3-Unit
New
For Sale
$1,749,900
62 15TH Street 62, Brooklyn, NY 11215
A restored street-facing exterior gives the residential property a refreshed presence in its Brooklyn setting.
Property Size2,280 SF
Price / SF$767.50
Days on Market5
Property Features for 62 15TH Street 62
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,324
Building Details
Building Size
2,280 SF
Year Built
1899
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
Listed By:
Todd Yovino · License #49YO0956714
(516) 819-7800
Source:
Miradorrealestate
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 10:32PM
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 ISLAND ADVANTAGE REALTY LLC
Investment Insights
Based on property information with market context.
This Brooklyn triplex contains three separate residential units with distinct layouts. The property encompasses 2,280 square feet, and its facade has been restored.
Built in 1899, the building is located at 62 15th Street in Brooklyn, New York.
Built in 1899, the building is located at 62 15th Street in Brooklyn, New York.
Key Highlights
- Three residential units, each with a distinct layout
- 2,280 square feet
- Built in 1899
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,849
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,980
$1.6M
Cap Rate 7%
$1,140,700
$1.1M
Cap Rate 9%
$887,211
$887.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$116.3K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$114.1K $50.03/SF
− OpEx
−$34.2K −$15.01/SF
NOI
$79.8K $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%
$1,596,980
Cap Rate 7%
$1,140,700
Cap Rate 9%
$887,211
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$998.1K – $1.33M
NOI $79,849 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$994.4K
$870.1K – $1.16M
NOI $69,606 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,149 @ 7.0% cap · market cap 7.55%
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
4,840
Businesses Nearby
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
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
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Frequently Asked Questions
What type of property is this?
Triplex - A restored street-facing exterior gives the residential property a refreshed presence in its Brooklyn setting.
Where is this triplex located?
The property is located at 62 15TH Street 62 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,749,900.
What are key features of this property?
This property features: Three residential units, each with a distinct layout; 2,280 square feet; Built in 1899
