Turn-Key Three-Family
657 E 94th Street Brooklyn, NY 11236
657 E 94th Street, Brooklyn, NY, 11236
$1,725,000
For Sale
$1,725,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,478 SF
Lot Size0.06 Acres
Price / SF$696.13
Days on Market12
Property Features for 657 E 94th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6
- Interior features
- Dishwasher, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,478 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7868
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Ceramic, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Kingsview Realty Corp.
(718) 692-2010
4713 Avenue N, Brooklyn, NY
Listed by
Anthony Garraud II
(718) 692-2010
Added: Jul 6 Checked: Jul 17 at 10:06 am
MLS# 502448
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.
This turn-key, fully renovated three-family semi-attached home is offered with three separate units. The first floor features a 3-bedroom apartment with a modern kitchen, modern bathroom, and brand-new appliances. The second floor includes two separate 2-bedroom apartments, each with a full bathroom, modern kitchen, and a living/dining room combo. A full finished basement adds meaningful additional functionality, with modern bathrooms and separate entrances at both the front and rear of the basement.
Set on a 0.0574-acre lot with 2,478 square feet of property size, the home is located in Brooklyn, NY 11236. The property is zoned R5. The layout is designed for independent day-to-day use across the three units, with the basement also benefiting from its own separate access points.
For owner-occupants and investors, the configuration supports flexible living and rental planning, with unit separation across floors and dedicated basement access. The updated interiors and brand-new appliances in the first-floor unit reduce immediate capital needs, while the multi-unit design can support multiple income streams depending on the operator’s preferred setup.
Set on a 0.0574-acre lot with 2,478 square feet of property size, the home is located in Brooklyn, NY 11236. The property is zoned R5. The layout is designed for independent day-to-day use across the three units, with the basement also benefiting from its own separate access points.
For owner-occupants and investors, the configuration supports flexible living and rental planning, with unit separation across floors and dedicated basement access. The updated interiors and brand-new appliances in the first-floor unit reduce immediate capital needs, while the multi-unit design can support multiple income streams depending on the operator’s preferred setup.
Key Highlights
- Turn‑key three‑family semi‑attached home with 3 separate units
- Built in 1930 with brick construction and a flat roof
- Interiors include dishwasher, refrigerator, and stove, plus hardwood, ceramic, and tile flooring
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 | $126.4k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $124.0k | $50.03 |
| − OpEx | −$37.2k | −$15.01 |
| NOI | $86.8k | $35.02 |
2,478 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,784 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$1.08M
$945.6K – $1.26M
NOI $75,651 @ 7.0% cap · market cap 4.39%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.39M
NOI $143,625 @ 7.0% cap · market cap 8.33%
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 - Renovated semi-attached property with three separate units and a finished basement featuring front and rear access.
Where is this triplex located?
The property is located at 657 E 94th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Turn‑key three‑family semi‑attached home with 3 separate units; Built in 1930 with brick construction and a flat roof; Interiors include dishwasher, refrigerator, and stove, plus hardwood, ceramic, and tile flooring