Victorian-Style Triplex with
627 E 32nd St Brooklyn, NY 11210
627 E 32nd St, Brooklyn, NY, 11210
$1,749,999
For Sale
$1,749,999
Three-family Victorian with a finished basement, fenced private driveway for up to four cars, and a two-car garage.
Property Size3,000 SF
Lot Size0.09 Acres
Price / SF$583.33
Days on Market86
Property Features for 627 E 32nd St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.09 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing agency
Citadel Circle Realty
(718) 690-5449
Listed by
Deborah C. Bourne
(718) 690-5449
Source
Elliman
Added: Apr 28 Updated: Jul 22 at 8:01AM Checked: Jul 22 at 8:01AM
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 Citadel Circle Realty
Investment Insights
Based on property information with market context.
This Victorian-style three-family home offers a versatile unit mix of 2BR, 3BR, and 2BR layouts, complemented by a fully finished basement. The property sits on a 4,100 square foot lot and includes more than 3,000 square feet of living space. With R6 zoning, there is an option to expand or develop the site.
A fenced setting provides privacy, with a private driveway that can accommodate up to four cars in addition to the two-car garage. The backyard offers outdoor space for relaxing or entertaining. The home is positioned in the Flatbush/Midwood area with proximity to transportation, including Flatbush Junction, and to Brooklyn College.
Overall, it presents a functional residential income setup with on-site parking and development flexibility under R6 zoning.
A fenced setting provides privacy, with a private driveway that can accommodate up to four cars in addition to the two-car garage. The backyard offers outdoor space for relaxing or entertaining. The home is positioned in the Flatbush/Midwood area with proximity to transportation, including Flatbush Junction, and to Brooklyn College.
Overall, it presents a functional residential income setup with on-site parking and development flexibility under R6 zoning.
Key Highlights
- Victorian‑style 3‑family home built in 1920 with over 3,000 sq ft of living space
- R6 zoned property on a 4,100 sq ft lot with option to expand or develop
- Fully finished basement for additional usable living space
Local 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 | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
3,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family Victorian with a finished basement, fenced private driveway for up to four cars, and a two-car garage.
Where is this triplex located?
The property is located at 627 E 32nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,749,999.
What are key features of this property?
This property features: Victorian‑style 3‑family home built in 1920 with over 3,000 sq ft of living space; R6 zoned property on a 4,100 sq ft lot with option to expand or develop; Fully finished basement for additional usable living space
