Three-Unit Brownstone with
New
For Sale
$2,950,000
662 Macon St, Brooklyn, NY 11233
Residential Income, Brooklyn, NY
Property Size3,496 SF
Lot Size0.05 Acres
Price / SF$843.82
Days on Market2
Property Features for 662 Macon St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 4
Fireplace
1
Subdivision
Bedford-Stuyvesant
High school district
NEW YORK CITY GEOGRAPHIC DISTRICT #16
Standard status
Active
APN
07-000.000-1673-036.000
Lot size
0.05 Acres
Utilities
Water source
Public
Amenities
fireplaces
backyard
Building Details
Year built
1901
Floors in Building
4
Flooring type
Hardwood, Tile
Buildings
1
Listing Agency:
FLATEAU REALTY CORP
(718) 953-2732
Listed By:
Richard Flateau
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 3:06PM
MLS# 12033655
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1901 brownstone is configured as three residences: an owner’s duplex and two apartments, each with two bedrooms. Renovated kitchens and bathrooms complement period features that include seven fireplaces, pocket doors, decorative woodwork, ceiling medallions, and hardwood flooring. The duplex kitchen has custom cabinetry, granite counters, a large island, and Viking and KitchenAid appliances. Its living and dining areas connect to the kitchen, and the residence also has access to a fenced backyard. The property is scheduled for vacant delivery.
Public records show approximately 3,496 gross square feet on a 20-by-100-foot lot. The R6B zoning permits a maximum residential FAR of 2.0 for standard residences. A preliminary review estimates about 504 square feet of additional buildable floor area; any development capacity requires confirmation through site-specific architectural and zoning review. The home is on a residential brownstone block near shops and dining along Ralph Avenue, Fulton Street, and Malcolm X Boulevard. Saratoga Square Park and Macon Library are nearby, and the Ralph Avenue A and C station is approximately one-third of a mile away.
Public records show approximately 3,496 gross square feet on a 20-by-100-foot lot. The R6B zoning permits a maximum residential FAR of 2.0 for standard residences. A preliminary review estimates about 504 square feet of additional buildable floor area; any development capacity requires confirmation through site-specific architectural and zoning review. The home is on a residential brownstone block near shops and dining along Ralph Avenue, Fulton Street, and Malcolm X Boulevard. Saratoga Square Park and Macon Library are nearby, and the Ralph Avenue A and C station is approximately one-third of a mile away.
Key Highlights
- Three‑residence layout: owner’s duplex plus two two‑bedroom apartments
- Approximately 3,496 gross square feet on a 20‑by‑100‑foot lot
- R6B zoning with a 2.0 maximum residential FAR for standard residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,436
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,448,720
$2.4M
Cap Rate 7%
$1,749,086
$1.7M
Cap Rate 9%
$1,360,400
$1.4M
Market Conditions
NOI Build-Up for 3,496 SF
Gross rent
$178.3K $51.00/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$174.9K $50.03/SF
− OpEx
−$52.5K −$15.01/SF
NOI
$122.4K $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%
$2,448,720
Cap Rate 7%
$1,749,086
Cap Rate 9%
$1,360,400
Alternative Uses
Best Use
Multifamily LT 5
$1.75M
$1.53M – $2.04M
NOI $122,436 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.78M
NOI $106,729 @ 7.0% cap · market cap 3.62%
Theoretical Best
Specialty Retail
$2.89M
$2.53M – $3.38M
NOI $202,628 @ 7.0% cap · market cap 6.87%
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
3,359
Businesses Nearby
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Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
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 - Two upper-level apartments each have two bedrooms, in addition to the owner’s duplex residence with updated kitchen and bathroom finishes.
Where is this triplex located?
The property is located at 662 Macon St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Three‑residence layout: owner’s duplex plus two two‑bedroom apartments; Approximately 3,496 gross square feet on a 20‑by‑100‑foot lot; R6B zoning with a 2.0 maximum residential FAR for standard residences
