Crown Heights Brownstone
596 EASTERN Pkwy Brooklyn, NY 11225
596 EASTERN Pkwy, Brooklyn, NY, 11225
$2,200,000
For Sale
$2,200,000
Well-maintained three-story brownstone triplex with open north and south sky exposure plus a full basement.
Property Size3,207 SF
Price / SF$685
Days on Market86
Property Features for 596 EASTERN Pkwy
General Information
- Standard status
- Active
- Size
- 3,207 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1915
Listing agency
(347) 414-2222
Listed by
Margula Roumani · License #10301220860
(347) 414-2222
Source
Elliman
Added: Apr 28 Updated: Jul 22 at 2:07AM Checked: Jul 22 at 2:07AM
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 Margula Roumani
Investment Insights
Based on property information with market context.
Graciously set along Eastern Parkway, this classic three-unit brownstone offers internal living space across three stories plus a full basement. The townhouse is arranged with multiple levels of thoughtful layout, supporting varied living arrangements and income potential within the same residence. Natural light is emphasized by open sky exposure to both the north and south, helping brighten the interior throughout the day. The property is described as well maintained, with period proportions and careful upkeep throughout.
A landscaped backyard provides an outdoor retreat. The surrounding area is supported by high WalkScore and TransitScore ratings, with BikeScore indicating a Biker’s Paradise, along with a Rider’s Paradise transit rating.
Offered for sale, this triplex format provides a substantial Crown Heights-style brownstone presence while maintaining a residential character throughout the building.
A landscaped backyard provides an outdoor retreat. The surrounding area is supported by high WalkScore and TransitScore ratings, with BikeScore indicating a Biker’s Paradise, along with a Rider’s Paradise transit rating.
Offered for sale, this triplex format provides a substantial Crown Heights-style brownstone presence while maintaining a residential character throughout the building.
Key Highlights
- 1915 Crown Heights brownstone triplex with 3,207 SF of internal living space
- Three stories plus a full basement, offering flexible layout for income, multigenerational living, or an end user
- Open sky exposure to the north and south for natural light throughout the day
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 | $163.6k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $160.4k | $50.03 |
| − OpEx | −$48.1k | −$15.01 |
| NOI | $112.3k | $35.02 |
3,207 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $112,315 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,906 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$2.66M
$2.32M – $3.10M
NOI $185,878 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Well-maintained three-story brownstone triplex with open north and south sky exposure plus a full basement.
Where is this triplex located?
The property is located at 596 EASTERN Pkwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 1915 Crown Heights brownstone triplex with 3,207 SF of internal living space; Three stories plus a full basement, offering flexible layout for income, multigenerational living, or an end user; Open sky exposure to the north and south for natural light throughout the day
