Trump Village One Bedroom
For Sale
$375,000
Pending
464 Neptune Ave 23D, Brooklyn, NY 11224
One bedroom coop with balcony in Trump Village.
Property Size800 SF
Days on Market313
Property Features for 464 Neptune Ave 23D
General Information
Standard status
Pending
Size
800 SF
Property subtype
Residential
Building Details
Building Size
800 SF
Units
653
Listing Agency:
Maximillion Realty, Inc.
Listed By:
Boris Tansky
(718) 376-9300
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 22
Last Checked: Oct 5 at 4:15PM
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 Maximillion Realty, Inc.
Investment Insights
Based on property information with market context.
This is a one-bedroom cooperative apartment located in Trump Village. The unit features a large balcony offering views. The apartment has parkette floors and is described as being in very good condition. The bedroom is oversized. There is a separate eat-in kitchen with tile flooring. The unit includes closets. The building offers amenities and is located close to the beach, shopping, the F and Q trains, and buses.
Key Highlights
- Breathtaking view from huge balcony
- Close to beach, shopping, F & Q trains, buses
- Oversized bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,423
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,460
$488.5K
Cap Rate 7%
$348,900
$348.9K
Cap Rate 9%
$271,367
$271.4K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$45.3K $56.64/SF
− Vacancy
−$906 −$1.13/SF
EGI
$44.4K $55.51/SF
− OpEx
−$20.0K −$24.98/SF
NOI
$24.4K $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%
$488,460
Cap Rate 7%
$348,900
Cap Rate 9%
$271,367
Alternative Uses
Best Use
Apartment 5plus
$348.9K
$305.3K – $407.1K
NOI $24,423 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$662.4K
$579.6K – $772.8K
NOI $46,368 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,742
Businesses Nearby
Explore this area
Business Placement
Demographics for 11224, NY
46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - One bedroom coop with balcony in Trump Village.
Where is this apartment building located?
The property is located at 464 Neptune Ave 23D Brooklyn, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Breathtaking view from huge balcony; Close to beach, shopping, F & Q trains, buses; Oversized bedroom
