627 E 32nd Street Brooklyn, NY 11210
MULTI_FAMILY - Brooklyn, NY
- Added:
- Feb 9, 2026
- Days on Market:
- 153
- Last Refresh:
- Jul 12 at 6:06 pm
Property Features for 627 E 32nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
- Parking features
- Garage - Detached
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,065 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7076
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Wood Frame
Listing agent Deborah Bourne (718) 717-8251
Listing office Citadel Circle Realty 1111 Utica Ave, Brooklyn, NY (718) 717-8251
Listing date Feb 9, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
Set in the Flatbush/Midwood area of Brooklyn, the home is described as being close to transportation, including Flatbush Junction, and near the Brooklyn College campus. The surrounding area notes continued development, which can be relevant for buyers focused on long-term positioning.
This property can suit investors seeking a multi-unit income asset with a finished lower level and established parking, or owner-occupants looking for space that can accommodate household needs while keeping additional units for rental income. With R6 zoning and the stated opportunity to expand or develop, it also fits buyers evaluating potential upgrades or future redevelopment options within a changing neighborhood.
Key Highlights
- Victorian‑style 3‑family home with 3,000+ sq ft of living space
- Unit mix: 2BR / 3BR / 2BR
- Fully finished basement plus four bathrooms listed (Bathroom 1–4)
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 | $156.3k | $51.00 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $153.3k | $50.03 |
| − OpEx | −$46.0k | −$15.01 |
| NOI | $107.3k | $35.02 |
