Three-Story Brick
New
For Sale
$1,150,000
626A Bergen Street, Brooklyn, NY 11238
Residential Income, Brooklyn, NY
Property Size2,700 SF
Lot Size0.04 Acres
Price / SF$425.93
Days on Market2
Property Features for 626A Bergen Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Basement
Full
Elementary school
PS 9 Sarah Smith Garnet School
Middle school
Ms 266 Park Place Community Ms
High school
Bedford Academy High School
Elementary school district
Brooklyn 13
Middle school district
Brooklyn 13
High school district
Brooklyn 13
Standard status
Active
APN
01144-0044
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3839
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1910
Number of units
3
Building materials
Brick
Listing Agency:
Century Homes Realty Group LLC · EXIT Realty
(718) 886-6800
Listed By:
Demetrios Droggitis · License #10401317920
(646) 773-0763
Added: Oct 7
Last Checked: Oct 8 at 1:06PM
MLS# 1059513
Copyright © 2026 OneKey MLS. 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 three-story brick triplex offers approximately 2,700 square feet of interior living space on a 1,600-square-foot lot. Built in 1910, the property includes a basement and is heated with natural gas. Public water and public sewer serve the residence.
Located at 626A Bergen Street in Brooklyn, the property is in ZIP code 11238.
Located at 626A Bergen Street in Brooklyn, the property is in ZIP code 11238.
Key Highlights
- Three‑story brick construction
- Approximately 2,700 square feet of interior living space
- 1,600‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,559
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,891,180
$1.9M
Cap Rate 7%
$1,350,843
$1.4M
Cap Rate 9%
$1,050,656
$1.1M
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$137.7K $51.00/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$135.1K $50.03/SF
− OpEx
−$40.5K −$15.01/SF
NOI
$94.6K $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%
$1,891,180
Cap Rate 7%
$1,350,843
Cap Rate 9%
$1,050,656
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,559 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,428 @ 7.0% cap · market cap 7.17%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,492 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
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 multi-family residence with basement space, natural gas heat, and public water and sewer service.
Where is this triplex located?
The property is located at 626A Bergen Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three‑story brick construction; Approximately 2,700 square feet of interior living space; 1,600‑square‑foot lot
