Triplex with Attached
670 East 98th Street Brooklyn, NY 11236
For Sale
$1,200,999
Move-in ready triplex offering a spacious layout and an additional ADU on an exceptional lot.
Property Size2,376 SF
Price / SF$505.47
Days on Market53
Property Features for 670 East 98th Street
General Information
Standard status
Active
Size
2,376 SF
Property subtype
Triplex
Building Details
Year Built
1940
Listing Agency:
A P S Realty LLC
(917) 459-1791
Listed By:
Angela P. Stokes · License #10491208284
(917) 459-1791
Source:
Compass
Added: Jun 5
Changed: Jul 21
Last Checked: Jul 26 at 11:24AM
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 A P S Realty LLC
Investment Insights
Based on property information with market context.
This move-in ready triplex offers a spacious multi-family configuration and includes an ADU for added flexibility. The property is positioned on an exceptional lot, and it is presented as ready to occupy.
Located at 670 East 98th Street in Brooklyn, NY 11236, the home’s multi-family setup and on-site ADU make it a practical option for owners seeking additional covered living space within the same property.
Located at 670 East 98th Street in Brooklyn, NY 11236, the home’s multi-family setup and on-site ADU make it a practical option for owners seeking additional covered living space within the same property.
Key Highlights
- Move‑in ready triplex with an included legal accessory apartment (ADU).
- Finished full walk‑out basement with walk‑out access.
- Primary bedroom on the main floor with a first‑floor full bathroom.
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 | $121.2k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $118.9k | $50.03 |
| − OpEx | −$35.7k | −$15.01 |
| NOI | $83.2k | $35.02 |
2,376 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,212 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$1.04M
$906.7K – $1.21M
NOI $72,537 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$1.97M
$1.72M – $2.30M
NOI $137,713 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Move-in ready triplex offering a spacious layout and an additional ADU on an exceptional lot.
Where is this triplex located?
The property is located at 670 East 98th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,999.
What are key features of this property?
This property features: Move‑in ready triplex with an included legal accessory apartment (ADU).; Finished full walk‑out basement with walk‑out access.; Primary bedroom on the main floor with a first‑floor full bathroom.
