Brownstone Income Property with
613 Jefferson Ave Brooklyn, NY 11221
For Sale
$1,999,000
Three-story plus garden-level brownstone built in 1899, configured for three residences and featuring a spacious backyard.
Property Size3,600 SF
Lot Size0.05 Acres
Price / SF$555.28
Days on Market91
Property Features for 613 Jefferson Ave
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Listing Agency:
Revived Residential
(929) 379-3750
Listed By:
Robert J. Burnett
(929) 379-3750
Source:
Elliman
Added: Apr 28
Changed: Jul 22
Last Checked: Jul 27 at 6:29AM
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 Revived Residential
Investment Insights
Based on property information with market context.
Built in 1899, this three-story plus garden-level brownstone offers residential income potential in a four-level layout. The building is currently in SRO status, and the CO reads as “SRO, 1-family with 7 furnished rooms.” It is configured as a three-family residence, with the first floor duplexed with the garden level and separate 1-bedroom, 1-bath floor-through units on the 2nd and 3rd floors. The property includes 4 electrical meters, 3 gas meters, and 3 kitchens.
The building sits on a 20' x 100' lot with building dimensions of approximately 20' x 45', totaling roughly 3,600 square feet across four levels. A spacious backyard is also included.
For prospective owners, this is a flexible Brooklyn residential income property with multiple unit configurations and outdoor space.
The building sits on a 20' x 100' lot with building dimensions of approximately 20' x 45', totaling roughly 3,600 square feet across four levels. A spacious backyard is also included.
For prospective owners, this is a flexible Brooklyn residential income property with multiple unit configurations and outdoor space.
Key Highlights
- Brownstone built in 1899, three‑story plus garden level with approx. 3,600 SF across four levels
- Sits on a 20’ x 100’ lot with approx. 20’ x 45’ building dimensions
- Currently in SRO status: CO reads SRO, 1‑family with 7 furnished rooms
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 | $183.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $180.1k | $50.03 |
| − OpEx | −$54.0k | −$15.01 |
| NOI | $126.1k | $35.02 |
3,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-story plus garden-level brownstone built in 1899, configured for three residences and featuring a spacious backyard.
Where is this triplex located?
The property is located at 613 Jefferson Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Brownstone built in 1899, three‑story plus garden level with approx. 3,600 SF across four levels; Sits on a 20’ x 100’ lot with approx. 20’ x 45’ building dimensions; Currently in SRO status: CO reads SRO, 1‑family with 7 furnished rooms
