Solid-Brick Three-Family
4911 Surf Avenue, Brooklyn, NY 11224
MULTI_FAMILY - Brooklyn, NY
Type:Triplex
Property size:
3,762 SFLot size:
0.12 AcresPrice / SF:
$438/SF- Added:
- May 7, 2026
- Days on Market:
- 11
- Last Refresh:
- May 17 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 2, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 1, Bathroom 4, Bedroom 9, Bedroom 4
- 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 (718) 916-4618
Listing office Exclusive Properties Realty In 2376 60th St, Brooklyn, NY (718) 916-4618
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.
HighLights
- Located in the private, gated beachfront community of Sea Gate, offering privacy and security.
- Solid‑brick three‑family residence with three spacious apartments, suitable for end‑users or investors.
- Breathtaking water and Verrazzano‑Narrows Bridge views from the front balconies.
- Finished basement with private entrance, upgraded insulation, thermal windows, tiled floors, and a full bath.
- Each of the upper apartments (2nd and 3rd floor) features 3 bedrooms, 2 baths, and a private balcony.
- Features a spacious sundeck and a beautifully maintained backyard.
Overview
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.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.46M
NOI $131,752 @ 9.00% cap · cautious / downside scenario
Moderate
$1.88M
NOI $131,752 @ 7.00% cap · market / base-case scenario
Aggressive
$2.64M
NOI $131,752 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| 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 Use Scenarios
Best Use
Multifamily LT 5
$1.88M
$1.65M – $2.20M
NOI $131,752 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$1.64M
$1.44M – $1.91M
NOI $114,850 @ 7.0% cap · market cap 6.96%
Theoretical Best
Specialty Retail
$3.11M
$2.73M – $3.63M
NOI $218,046 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.010253
- Latitude
- 40.578484
Nearby Similar for Sale
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: Located in the private, gated beachfront community of Sea Gate, offering privacy and security.; Solid‑brick three‑family residence with three spacious apartments, suitable for end‑users or investors.; Breathtaking water and Verrazzano‑Narrows Bridge views from the front balconies.
