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Three-Unit Triplex with Garage
For Sale
$1,550,000

635 E 38th Street, Brooklyn, NY 11203

The vacant property has three separate residences, including a two-level unit and a lower-level apartment.

Property SizeContact for details
Days on Market11

Property Features for 635 E 38th Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-family
Zoning R4
Lease Term []

Property Condition

Severity Repairs Needed
Evidence needs updating

Units

Unit Mix 1 x 3BR, 1 x 4BR/2BA, 1 x 1BR
Multifamily Units 3

Building Details

Year Built 1920
Listing Agency: YourHomeSold Guaranteed Realty
Listed By: George Ockovic · License #10401377372
Source: Easteggrealty
Added: Oct 18 Changed: Oct 27 Last Checked: Oct 26 at 5:00PM

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 YourHomeSold Guaranteed Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this vacant three-family property includes a first-floor residence with 3 bedrooms, a living room, dining room, and kitchen. A separate duplex has 4 bedrooms and 2 bathrooms, while the lower-level apartment has 1 bedroom. The property needs updating and includes a two-car garage and a spacious driveway with off-street parking. The lot is zoned R4.

Key Highlights

  • Three residences: a 3‑bedroom first‑floor unit, a 4‑bedroom, 2‑bathroom duplex, and a 1‑bedroom lower‑level apartment
  • Two‑car garage and driveway with off‑street parking
  • R4 zoning

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,047
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The vacant property has three separate residences, including a two-level unit and a lower-level apartment.
Where is this triplex located?
The property is located at 635 E 38th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Three residences: a 3‑bedroom first‑floor unit, a 4‑bedroom, 2‑bathroom duplex, and a 1‑bedroom lower‑level apartment; Two‑car garage and driveway with off‑street parking; R4 zoning
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