Triplex with Private
For Sale
$1,200,000
Pending
662 E 52nd Street, Brooklyn, NY 11203
The brick residence features hardwood and tile floors alongside a private driveway.
Property Size3,000 SF
Days on Market18
Property Features for 662 E 52nd Street
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,436
Building Details
Building Size
3,000 SF
Year Built
1925
Construction
brick
Listing Agency:
Top Rated Realty
Listed By:
Dawn E. Jones
(917) 833-1355
Source:
Poljanproperties
Added: Oct 10
Changed: Oct 27
Last Checked: Oct 26 at 2:40PM
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 Top Rated Realty
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Investment Insights
Based on property information with market context.
Built in 1925, this 3,000-square-foot brick triplex contains three family units. Interior finishes include hardwood and tile flooring, and the property has a private driveway and garage. It is located in East Flatbush, Brooklyn.
Key Highlights
- Three‑family brick property
- 3,000 square feet
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,065
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,300
$2.1M
Cap Rate 7%
$1,500,929
$1.5M
Cap Rate 9%
$1,167,389
$1.2M
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$153.0K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$150.1K $50.03/SF
− OpEx
−$45.0K −$15.01/SF
NOI
$105.1K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,300
Cap Rate 7%
$1,500,929
Cap Rate 9%
$1,167,389
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 7.63%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,753
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The brick residence features hardwood and tile floors alongside a private driveway.
Where is this triplex located?
The property is located at 662 E 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑family brick property; 3,000 square feet; Built in 1925
