Two-Bedroom Residential Income
For Sale
$765,000
460 Halsey Street 3B, Brooklyn, NY 11233
Separate bedroom placement, an open kitchen, and in-unit laundry shape the residence’s practical layout.
Property Size733 SF
Price / SF$1,043
Days on Market16
Property Features for 460 Halsey Street 3B
General Information
Standard status
Active
Size
733 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,805
Amenities
in-unit washer and dryer
landscaped courtyard with picnic tables and BBQ areas
common roof deck
bike storage
private storage units
Building Details
Building Size
733 SF
Year Built
1910
Listing Agency:
Compass
Listed By:
JOSHUA GOLAN
(718) 415-4410
Source:
Penrealty
Added: Sep 23
Changed: Oct 5
Last Checked: Oct 7 at 5:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Residence 3B is a two-bedroom, two-bathroom home with a living and dining area connected to an open kitchen. The kitchen has an oversized island with seating, stone countertops and backsplash, sleek cabinetry, a SMEG refrigerator, and a Bertazzoni oven. Wide-plank white oak floors, multiple windows, several closets, and an in-unit washer and dryer round out the interior. The bedrooms sit apart from the main living area, with the primary bedroom in a private corner of the residence.
Building amenities include a landscaped courtyard with picnic tables and BBQ areas, a shared roof deck with Manhattan skyline views, bike storage, and private basement storage units. The property is at 460 Halsey Street in Bed-Stuy, across from Saraghina Bakery. Nearby neighborhood destinations include Saraghina Pizzeria, Peaches, Chez Oskar, Trad Room, Bar LunAtico, and Mama Fox. A/C service is available at Utica Avenue, and C train service at Kingston-Throop Avenues provides connections toward Downtown Brooklyn and Manhattan.
Building amenities include a landscaped courtyard with picnic tables and BBQ areas, a shared roof deck with Manhattan skyline views, bike storage, and private basement storage units. The property is at 460 Halsey Street in Bed-Stuy, across from Saraghina Bakery. Nearby neighborhood destinations include Saraghina Pizzeria, Peaches, Chez Oskar, Trad Room, Bar LunAtico, and Mama Fox. A/C service is available at Utica Avenue, and C train service at Kingston-Throop Avenues provides connections toward Downtown Brooklyn and Manhattan.
Key Highlights
- Two bedrooms and two full bathrooms, with bedrooms set apart from the main living area
- Open kitchen with oversized seating island, stone surfaces, SMEG refrigerator, and Bertazzoni oven
- In‑unit washer and dryer; multiple closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,378
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,560
$447.6K
Cap Rate 7%
$319,686
$319.7K
Cap Rate 9%
$248,644
$248.6K
Market Conditions
NOI Build-Up for 733 SF
Gross rent
$41.5K $56.64/SF
− Vacancy
−$830 −$1.13/SF
EGI
$40.7K $55.51/SF
− OpEx
−$18.3K −$24.98/SF
NOI
$22.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,560
Cap Rate 7%
$319,686
Cap Rate 9%
$248,644
Alternative Uses
Best Use
Apartment 5plus
$319.7K
$279.7K – $373.0K
NOI $22,378 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$606.9K
$531.1K – $708.1K
NOI $42,485 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,278
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Separate bedroom placement, an open kitchen, and in-unit laundry shape the residence’s practical layout.
Where is this residential income property located?
The property is located at 460 Halsey Street 3B Brooklyn, NY.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms, with bedrooms set apart from the main living area; Open kitchen with oversized seating island, stone surfaces, SMEG refrigerator, and Bertazzoni oven; In‑unit washer and dryer; multiple closets
