New
For Sale
$7,595,000
478 Sackett Street, Brooklyn, NY 11231
Residential, Brooklyn, NY
Property Size7,085 SF
Lot Size0.17 Acres
Price / SF$1,071
Days on Market5
Property Features for 478 Sackett Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 5
Parking features
Garage - Detached
Interior features
A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Washer
Subdivision
Carroll Gardens
Standard status
Active
Size
7,085 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
21889
Building Details
Floors in Building
3
Number of units
3
Flooring type
Tile, Hardwood
Building materials
Brick, Masonry
Listing Agency:
MadisonEstates Sothebys Realty
Listed By:
Dennis Estok
(718) 645-1665
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 10 at 7:06PM
MLS# 505127
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,298
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,325,960
$4.3M
Cap Rate 7%
$3,089,971
$3.1M
Cap Rate 9%
$2,403,311
$2.4M
Market Conditions
NOI Build-Up for 7,085 SF
Gross rent
$401.3K $56.64/SF
− Vacancy
−$8.0K −$1.13/SF
EGI
$393.3K $55.51/SF
− OpEx
−$177.0K −$24.98/SF
NOI
$216.3K $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%
$4,325,960
Cap Rate 7%
$3,089,971
Cap Rate 9%
$2,403,311
Alternative Uses
Best Use
Apartment 5plus
$3.09M
$2.70M – $3.60M
NOI $216,298 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.87M
$5.13M – $6.84M
NOI $410,647 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 11231, NY
37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this multifamily property located?
The property is located at 478 Sackett Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,595,000.
