Residential Income Property with
For Sale
$665,000
627 DEKALB Avenue 3A, Brooklyn, NY 11205
An elevator condominium offers refined finishes, generous storage, and access to extensive resident amenities.
Property Size657 SF
Price / SF$1,012
Days on Market208
Property Features for 627 DEKALB Avenue 3A
General Information
Standard status
Active
Size
657 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
HOA Fee
$402
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$540
Amenities
private balcony
rooftop terrace
fitness center
yoga room
resident lounge
indoor and outdoor parking
Building Details
Year Built
2018
Listing Agency:
Archpoint Advisory
Listed By:
John Brandon
(347) 225-3908
Source:
Carytamura
Added: Apr 3
Changed: Oct 27
Last Checked: Oct 27 at 1:23AM
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 Archpoint Advisory
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Investment Insights
Based on property information with market context.
This one-bedroom condominium provides 657 square feet of open-concept living with southern exposure and a private balcony. Built in 2018, the residence features hardwood floors, high ceilings, generous closet space, and a kitchen equipped with a Bertazzoni range, Caesarstone Statuario quartz countertops, and Grohe fixtures. The building is an elevator condominium with 35 residences and a 15-year tax abatement running through 2032.
Resident amenities include a rooftop terrace with Manhattan views, fitness center, yoga room, resident lounge, and indoor and outdoor parking. The property is positioned between Nostrand and Marcy Avenues, one block from the G train and within reach of the A and C trains at the Nostrand and Fulton Street station. Herbert Von King Park and Marcy Playground are three blocks away, while the balcony overlooks the Manhattan skyline, park canopy, playground, and Kosciusko Pool.
Resident amenities include a rooftop terrace with Manhattan views, fitness center, yoga room, resident lounge, and indoor and outdoor parking. The property is positioned between Nostrand and Marcy Avenues, one block from the G train and within reach of the A and C trains at the Nostrand and Fulton Street station. Herbert Von King Park and Marcy Playground are three blocks away, while the balcony overlooks the Manhattan skyline, park canopy, playground, and Kosciusko Pool.
Key Highlights
- 657‑square‑foot one‑bedroom condominium with southern exposure
- Private balcony with views toward the Manhattan skyline and Herbert Von King Park
- Bertazzoni range, Caesarstone Statuario quartz countertops, and Grohe fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,058
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,160
$401.2K
Cap Rate 7%
$286,543
$286.5K
Cap Rate 9%
$222,867
$222.9K
Market Conditions
NOI Build-Up for 657 SF
Gross rent
$37.2K $56.64/SF
− Vacancy
−$744 −$1.13/SF
EGI
$36.5K $55.51/SF
− OpEx
−$16.4K −$24.98/SF
NOI
$20.1K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,160
Cap Rate 7%
$286,543
Cap Rate 9%
$222,867
Alternative Uses
Best Use
Apartment 5plus
$286.5K
$250.7K – $334.3K
NOI $20,058 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$544.0K
$476.0K – $634.7K
NOI $38,080 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,928
Businesses Nearby
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Business Placement
Demographics for 11205, NY
50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An elevator condominium offers refined finishes, generous storage, and access to extensive resident amenities.
Where is this residential income property located?
The property is located at 627 DEKALB Avenue 3A Brooklyn, NY.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 657‑square‑foot one‑bedroom condominium with southern exposure; Private balcony with views toward the Manhattan skyline and Herbert Von King Park; Bertazzoni range, Caesarstone Statuario quartz countertops, and Grohe fixtures
