Triplex with Two-Car
607 E 53rd Street Brooklyn, NY 11203
New
607 E 53rd Street, Brooklyn, NY, 11203
$1,000,000
For Sale
$1,000,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,836 SF
Lot Size0.04 Acres
Price / SF$352.61
Days on Market5
Property Features for 607 E 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3
- Parking features
- Garage - Attached
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,836 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6557
Building Details
- Year built
- 1945
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Exit All Seasons Realty
(718) 345-4545
8911 Glenwood Rd, Brooklyn, NY
Listed by
Ricardo Cox
(718) 345-4545
Added: Jul 13 Checked: Jul 17 at 9:06 am
MLS# 503029
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 brick multifamily triplex includes three units arranged across the top floor and two lower levels. The top floor is a two-bedroom apartment, while the first floor and the lower level each feature a one-bedroom apartment. The property also has a two-car garage and is described as structurally sound and ready for renovation.
Located in East Flatbush at 607 E 53rd Street, the property sits between Kings Hwy and Utica Avenue. Zoning is listed as R4.
The offering is presented as a rehab opportunity for investors or owner-occupants, with the existing unit mix and garage supporting a straightforward residential income configuration.
Located in East Flatbush at 607 E 53rd Street, the property sits between Kings Hwy and Utica Avenue. Zoning is listed as R4.
The offering is presented as a rehab opportunity for investors or owner-occupants, with the existing unit mix and garage supporting a straightforward residential income configuration.
Key Highlights
- Brick three‑unit property in East Flatbush with multiple rental or owner‑occupant options
- Top floor features a 2‑bedroom apartment
- First floor and lower level each feature a 1‑bedroom apartment
Local Financial Insights For Apartment 5plus
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 | $160.6k | $56.64 |
| − Vacancy | −$3.2k | −$1.13 |
| EGI | $157.4k | $55.51 |
| − OpEx | −$70.8k | −$24.98 |
| NOI | $86.6k | $30.53 |
2,836 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.42M
$1.24M – $1.66M
NOI $99,322 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$1.24M
$1.08M – $1.44M
NOI $86,580 @ 7.0% cap · market cap 8.66%
Theoretical Best
Specialty Retail
$2.35M
$2.05M – $2.74M
NOI $164,375 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Brick triplex with two one-bedroom units and a two-bedroom unit, plus a two-car garage, for renovation.
Where is this triplex located?
The property is located at 607 E 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Brick three‑unit property in East Flatbush with multiple rental or owner‑occupant options; Top floor features a 2‑bedroom apartment; First floor and lower level each feature a 1‑bedroom apartment
