Three-Family Home with
67 Chester St 3, Brooklyn, NY 11212
For Sale
$990,000
Pending
Brooklyn three-family home featuring nine bedrooms, parking, and backyard.
Property Size2,800 SF
Lot Size0.04 Acres
Days on Market245
Property Features for 67 Chester St 3
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Womcore LLC dba Remax Edge
Listed By:
Jesus Magana · License NY #10401290345
(718) 612-3088
Source:
Elliman
Added: Mar 11
Changed: Nov 6
Last Checked: Nov 10 at 7:26AM
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 Womcore LLC dba Remax Edge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a three-family home constructed with brick and stucco. The property contains a total of 9 bedrooms and 4 bathrooms. Interior features include hardwood floors and open concept kitchen and living areas. The building includes a fully finished basement. Outdoor features include a backyard and 1-car parking.
Key Highlights
- Three‑family home: Ideal for investors or multi‑generational living.
- Nine bedrooms and four bathrooms: Accommodates large families or tenants.
- Open concept kitchen/living areas: Modern and desirable layout.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,481
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,709,620
$1.7M
Cap Rate 7%
$1,221,157
$1.2M
Cap Rate 9%
$949,789
$949.8K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$158.6K $56.64/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$155.4K $55.51/SF
− OpEx
−$69.9K −$24.98/SF
NOI
$85.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,709,620
Cap Rate 7%
$1,221,157
Cap Rate 9%
$949,789
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,481 @ 7.0% cap · market cap 8.63%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,288 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,775
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Brooklyn three-family home featuring nine bedrooms, parking, and backyard.
Where is this triplex located?
The property is located at 67 Chester St 3 Brooklyn, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Three‑family home: Ideal for investors or multi‑generational living.; Nine bedrooms and four bathrooms: Accommodates large families or tenants.; Open concept kitchen/living areas: Modern and desirable layout.
