Classic Brownstone in Stuyvesant
632 Greene Avenue Brooklyn, NY 11221
632 Greene Avenue, Brooklyn, NY, 11221
$1,990,000
For Sale
$1,990,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,360 SF
Lot Size0.05 Acres
Price / SF$592.26
Days on Market194
Property Features for 632 Greene Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 3
- Patio and Porch features
- Patio
- Interior features
- Patio Garden, Refrigerator, Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 3,360 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4109
Building Details
- Year built
- 1899
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic, Tile
- Building materials
- Block
- Roof type
- Flat
Listing agency
RE/MAX Real Estate Professiona
(718) 532-2000
Listed by
Christopher Tomasulo · License ##10401306451
(718) 532-2000
Added: Jan 9 Updated: Jul 13 at 4:46PM Checked: Jul 22 at 1:06AM
MLS# 498089
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.
This classic 3,360 sq ft brownstone is a two-family, 3-story home located in the Stuyvesant Heights section of Brooklyn. Zoned R6B, the property retains original features, including tall windows with decorative moldings and a grand entry. The multi-level layout offers spacious interiors and sun-filled rooms. The property includes a private front patio, a fenced entry with a separate entrance, and a large, serene private yard with a patio. Located on a tree-lined street, the property provides convenient access to public transportation for commutes to Manhattan and surrounding neighborhoods. The location offers proximity to restaurants, cafes, boutiques, art galleries, and nightlife in the Bedford Stuyvesant/Bushwick areas. The property is located near schools, local amenities, and public transportation, with convenient access to Wall Street, Downtown Manhattan, and Downtown Brooklyn. The property offers investment potential.
Key Highlights
- Two‑family, 3‑story brownstone with 3,360 SF of living space
- Built in 1899 with block construction and a flat roof
- Zoned R6B
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 | $171.4k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $168.1k | $50.03 |
| − OpEx | −$50.4k | −$15.01 |
| NOI | $117.7k | $35.02 |
3,360 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,673 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$1.47M
$1.28M – $1.71M
NOI $102,577 @ 7.0% cap · market cap 5.15%
Theoretical Best
Specialty Retail
$2.78M
$2.43M – $3.25M
NOI $194,746 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lava Stone NY
Aquarium
G.A.S globalartistshowcase.nyc.com
Theater & Performing Art Venue
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FAQs
What type of property is this?
Duplex - Two-family, 3-story home in Brooklyn's Stuyvesant Heights.
Where is this duplex located?
The property is located at 632 Greene Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Two‑family, 3‑story brownstone with 3,360 SF of living space; Built in 1899 with block construction and a flat roof; Zoned R6B
