Triplex with Finished
For Sale
$1,590,000
562 Rogers Ave, Brooklyn, NY 11225
Legal three-family residence with completed lower-level space, outdoor area, and strong access to public transportation.
Property Size2,964 SF
Days on Market91
Property Features for 562 Rogers Ave
General Information
Standard status
Active
Size
2,964 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,865
Building Details
Building Size
2,964 SF
Year Built
1910
Units
3
Listing Agency:
Charles Rutenberg Realty, Inc.
Listed By:
Vickash Ramdeen · License #40RA0958572
(516) 575-7500
Source:
Elliman
Added: Jul 21
Changed: Oct 13
Last Checked: Oct 19 at 7:04AM
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 Charles Rutenberg Realty, Inc.
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Investment Insights
Based on property information with market context.
This legal three-family residence was built in 1910 and provides eight bedrooms and four full bathrooms across a multifamily configuration. The finished basement adds storage capacity, while the backyard provides dedicated outdoor space for occupants.
The property is in Brooklyn, near public transportation, shops, restaurants, and other neighborhood amenities. Walk Score is 95, Transit Score is 100, and Bike Score is 76, reflecting convenient access to walking, transit, and cycling options.
The property is in Brooklyn, near public transportation, shops, restaurants, and other neighborhood amenities. Walk Score is 95, Transit Score is 100, and Bike Score is 76, reflecting convenient access to walking, transit, and cycling options.
Key Highlights
- Legal 3‑family property built in 1910
- 8 bedrooms and 4 full bathrooms
- Finished basement with ample storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,804
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,076,080
$2.1M
Cap Rate 7%
$1,482,914
$1.5M
Cap Rate 9%
$1,153,378
$1.2M
Market Conditions
NOI Build-Up for 2,964 SF
Gross rent
$151.2K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$148.3K $50.03/SF
− OpEx
−$44.5K −$15.01/SF
NOI
$103.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,076,080
Cap Rate 7%
$1,482,914
Cap Rate 9%
$1,153,378
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.30M – $1.73M
NOI $103,804 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,488 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$2.45M
$2.15M – $2.86M
NOI $171,793 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
6,379
Businesses Nearby
Explore this area
Business Placement
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
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
What type of property is this?
Triplex - Legal three-family residence with completed lower-level space, outdoor area, and strong access to public transportation.
Where is this triplex located?
The property is located at 562 Rogers Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Legal 3‑family property built in 1910; 8 bedrooms and 4 full bathrooms; Finished basement with ample storage space
