Three-Story
638 Ilyssa Way Brooklyn, NY 10312
New
638 Ilyssa Way, Brooklyn, NY, 10312
$535,000
For Sale
$535,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,354 SF
Lot Size0.01 Acres
Price / SF$395.13
Days on Market4
Property Features for 638 Ilyssa Way
General Information
- Property type
- Residential
- Property subtype
- Triplex
- Zoning
- R3-2
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Carport, Garage
- Interior features
- Central Air
- Standard status
- Active
- Size
- 1,354 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3023
Building Details
- Year built
- 1996
- Flooring type
- Laminate
- Architectural style
- Other
Listing Agency
eXp Realty BKNY
(888) 276-0630
1 Pierrepont PLZ, Brooklyn, NY
Listed by
Kenwood Chan
(888) 276-0630
Added: Jul 16 Checked: Jul 19 at 1:06 am
MLS# 503078
Listing URL
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.
638 Ilyssa Way is a beautifully renovated, move-in ready three-story townhouse with 2 bedrooms and 3 full bathrooms. The interior features bright, open living spaces with modern finishes, and an updated kitchen that flows into the dining and living areas. The flexible three-level layout is designed for comfortable everyday living, with well-proportioned rooms, renovated bathrooms, and ample storage.
Set within the Aspen Knolls community on Staten Island, the home is described as exceptionally maintained, with access to shopping, restaurants, schools, parks, public transportation, and major roadways.
With its turnkey condition and thoughtfully arranged living space across three levels, this townhouse is positioned for an owner seeking a ready-to-move-in residence in Aspen Knolls.
Set within the Aspen Knolls community on Staten Island, the home is described as exceptionally maintained, with access to shopping, restaurants, schools, parks, public transportation, and major roadways.
With its turnkey condition and thoughtfully arranged living space across three levels, this townhouse is positioned for an owner seeking a ready-to-move-in residence in Aspen Knolls.
Key Highlights
- Renovated three‑story townhouse in the Aspen Knolls community on Ilyssa Way
- 2 bedrooms and 3 full bathrooms
- Central air conditioning
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 | $52.0k | $38.40 |
| − Vacancy | −$4.2k | −$3.10 |
| EGI | $47.8k | $35.30 |
| − OpEx | −$14.3k | −$10.59 |
| NOI | $33.5k | $24.71 |
1,354 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$478.0K
$418.2K – $557.6K
NOI $33,458 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$420.5K
$368.0K – $490.6K
NOI $29,437 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$646.1K
$565.3K – $753.7K
NOI $45,224 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Move-in ready, renovated three-story home with 2 bedrooms and 3 full bathrooms, plus an updated kitchen and open living areas.
Where is this triplex located?
The property is located at 638 Ilyssa Way Brooklyn, NY.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Renovated three‑story townhouse in the Aspen Knolls community on Ilyssa Way; 2 bedrooms and 3 full bathrooms; Central air conditioning
