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Solid-Brick Three-Family Residence

4911 Surf Avenue Brooklyn, NY 11224

Claim this Listing
For Sale
$1,650,000

MULTI_FAMILY - Brooklyn, NY

Type:Triplex
Property size:
3,762 SF
Lot size:
0.12 Acres
Price / SF:
$438/SF
Added:
May 7, 2026
Days on Market:
65
Last Refresh:
Jul 10 at 8:06 am

Property Features for 4911 Surf Avenue

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R3-1
Bedrooms
9
Bathrooms
6
Rooms
Bedroom 9, Bathroom 3, Bathroom 6, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6
Parking features
Offsite
Interior features
Central Air - Split
Basement
Finished
Standard status
Active
Size
3,762 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Annual Amount
9107

Building Details

Year built
1930
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Block
Roof type
Flat, Asphalt
Architectural style
Other

Listing agent Juda Niayzov

Listing office Exclusive Properties Realty In 2376 60th St, Brooklyn, NY

Listing date May 7, 2026

MLS# 501254 Listing URL

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.


Investment Insights

Based on property information with market context.

This solid-brick three-family residence is located on a quiet street in the private gated beachfront community of Sea Gate in Brooklyn. The property is suitable for both end users and investors. It features three apartments and additional finished space in the basement with a private entrance. The third-floor unit includes 3 bedrooms, 2 full baths, and a private balcony. The second-floor apartment mirrors this layout, also featuring 3 bedrooms, 2 baths, and a balcony. The first floor includes a 2-bedroom, 1-bath apartment with living and dining space. The finished basement offers additional space with upgraded insulation, thermal windows, tiled floors, and a full bath. The property has hardwood floors, a spacious sundeck, and a maintained backyard. Mechanicals, including the roof, boilers, and windows, are well-maintained. The two front balconies offer views of the Verrazzano-Narrows Bridge and New York Harbor. The property is located in a waterfront community and offers privacy, security, and investment potential. The property size is 3762 square feet and the lot size is 0.123 acres. The zoning is R3-1.

Key Highlights

  • Solid‑brick three‑family residence built in 1930
  • Three apartments plus finished basement with private entrance, upgraded insulation, thermal windows, tiled floors, and a full bath
  • Third‑floor unit: 3 bedrooms, 2 full baths, and a private balcony

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $191.9k $51.00
− Vacancy −$3.6k −$0.97
EGI $188.2k $50.03
− OpEx −$56.5k −$15.01
NOI $131.8k $35.02
3,762 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,752 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$1.64M
$1.44M – $1.91M (±1% cap)
NOI $114,850 @ 7.0% cap · market cap 6.96%
Theoretical Best
Specialty Retail
$3.11M
$2.73M – $3.63M (±1% cap)
NOI $218,046 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Hair Salon Restaurant Spa & Massage Center Building Supply Nail Salon Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-family residence in gated beachfront community with water views.
Where is this triplex located?
The property is located at 4911 Surf Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Solid‑brick three‑family residence built in 1930; Three apartments plus finished basement with private entrance, upgraded insulation, thermal windows, tiled floors, and a full bath; Third‑floor unit: 3 bedrooms, 2 full baths, and a private balcony
Contact an agent
More about this property
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