Three-Story Triplex
For Sale
$1,800,000
613 JEFFERSON Avenue 1, Brooklyn, NY 11221
Historic four-level brownstone configured with three residences, multiple kitchens, and a private backyard.
Property Size3,600 SF
Lot Size0.05 Acres
Price / SF$500
Days on Market220
Property Features for 613 JEFFERSON Avenue 1
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.05 Acres
Property subtype
Triplex
Units
Unit Mix
1 x duplex, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,040
Amenities
spacious backyard
Building Details
Building Size
3,600 SF
Year Built
1899
Buildings
1
Stories
4
Construction
brownstone
Listing Agency:
Revived Residential
Listed By:
Robert Burnett
(631) 872-8265
Source:
Miradorrealestate
Added: Mar 5
Changed: Oct 10
Last Checked: Oct 9 at 11:44PM
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 brownstone occupies a 20' x 100' lot and contains approximately 3,600 square feet across four levels. The three-story structure includes a garden level and measures approximately 20' x 45'. Its residential layout includes a first-floor duplex with the garden level, along with one-bedroom, one-bath floor-through apartments on the second and third floors.
The certificate of occupancy reads SRO, 1-family with 7 furnished rooms, while the property is configured as a three-family residence. Infrastructure includes 4 electrical meters, 3 gas meters, and 3 kitchens. A spacious backyard adds outdoor space to the property. The building is located in Bedford-Stuyvesant, Brooklyn, near shops, restaurants, and subway lines, with the neighborhood's tree-lined streets and historic architecture forming the surrounding context.
The certificate of occupancy reads SRO, 1-family with 7 furnished rooms, while the property is configured as a three-family residence. Infrastructure includes 4 electrical meters, 3 gas meters, and 3 kitchens. A spacious backyard adds outdoor space to the property. The building is located in Bedford-Stuyvesant, Brooklyn, near shops, restaurants, and subway lines, with the neighborhood's tree-lined streets and historic architecture forming the surrounding context.
Key Highlights
- Approximately 3,600 square feet across four levels
- 20' x 100' lot with approximately 20' x 45' building dimensions
- Configured as a three‑family residence with a first‑floor/garden‑level duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,078
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,521,560
$2.5M
Cap Rate 7%
$1,801,114
$1.8M
Cap Rate 9%
$1,400,867
$1.4M
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$183.6K $51.00/SF
− Vacancy
−$3.5K −$0.97/SF
EGI
$180.1K $50.03/SF
− OpEx
−$54.0K −$15.01/SF
NOI
$126.1K $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%
$2,521,560
Cap Rate 7%
$1,801,114
Cap Rate 9%
$1,400,867
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,518
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Historic four-level brownstone configured with three residences, multiple kitchens, and a private backyard.
Where is this triplex located?
The property is located at 613 JEFFERSON Avenue 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 3,600 square feet across four levels; 20' x 100' lot with approximately 20' x 45' building dimensions; Configured as a three‑family residence with a first‑floor/garden‑level duplex
