For Sale
Contact for pricing
4725 Beach 47th Street, Brooklyn, NY 11224
Multifamily properties
Property Size3,220 SF
Price / SF$776.40
Days on Market217
Property Features for 4725 Beach 47th Street
General Information
Standard status
Active
Size
3,220 SF
Class
C
Total Parking Spaces
6
Property subtype
Multifamily, Land
Zoning
R3-1
Net Operating Income
$211,000
Building Details
Buildings
1
Stories
2
Units
13
Listing Agency:
RIPCO Real Estate
Listed By:
Alex Svetlakou · License #NY 10401242416
(646) 827-9968
Source:
Crexi
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 28 at 6:48AM
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 RIPCO Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Healthy cash flow of $22k-$35k per month ($211k annualized net operating income).
- Located within the gated Seagate neighborhood at the water's edge.
- All 13 units are beautifully renovated.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,303
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,966,060
$2.0M
Cap Rate 7%
$1,404,329
$1.4M
Cap Rate 9%
$1,092,256
$1.1M
Market Conditions
NOI Build-Up for 3,220 SF
Gross rent
$182.4K $56.64/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$178.7K $55.51/SF
− OpEx
−$80.4K −$24.98/SF
NOI
$98.3K $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%
$1,966,060
Cap Rate 7%
$1,404,329
Cap Rate 9%
$1,092,256
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.23M – $1.64M
NOI $98,303 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.67M
$2.33M – $3.11M
NOI $186,631 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
253
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
Where is this multifamily property located?
The property is located at 4725 Beach 47th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Healthy cash flow of $22k-$35k per month ($211k annualized net operating income).; Located within the gated Seagate neighborhood at the water's edge.; All 13 units are beautifully renovated.
