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Brick Triplex with Finished Basement
For Sale
$1,698,000

6915 14th Avenue, Brooklyn, NY 11228

Residential, Brooklyn, NY

Property Size3,160 SF
Lot Size0.04 Acres
Price / SF$537.34
Days on Market99

Property Features for 6915 14th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4
Interior features A/C Unit - Window, Refrigerator, Stove
Basement Full, Finished
Subdivision Dyker Heights
Standard status Active
Size 3,160 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 10006

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Flooring type Hardwood, Tile, Ceramic
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Billy Apter
Added: Jul 13 Changed: Oct 13 Last Checked: Oct 19 at 1:06PM
MLS# 502982

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.

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Investment Insights

Based on property information with market context.

This 3,160-square-foot brick residence is configured as a three-family property and includes a finished basement with its own front entrance. Built in 1920, the home has a flat roof and a mix of tile, ceramic, and hardwood flooring. Interior features include window A/C units, a refrigerator, and a stove.

The property is located at 6915 14th Avenue in Brooklyn, NY 11228. It carries R5 zoning and occupies a 0.0413-acre lot. The room inventory includes five bedrooms and five bathrooms.

Key Highlights

  • Current three‑family configuration
  • 3,160 square feet of property size
  • Finished basement with separate front entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,669
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,380 $2.2M
Cap Rate 7%
$1,580,986 $1.6M
Cap Rate 9%
$1,229,656 $1.2M
Market Conditions
NOI Build-Up for 3,160 SF
Gross rent
$161.2K $51.00/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$158.1K $50.03/SF
− OpEx
−$47.4K −$15.01/SF
NOI
$110.7K $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%
$2,213,380
Cap Rate 7%
$1,580,986
Cap Rate 9%
$1,229,656

Alternative Uses

Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,669 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,472 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M (±1% cap)
NOI $183,154 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,810
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-family brick residence with a finished basement and separate front entrance.
Where is this triplex located?
The property is located at 6915 14th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Current three‑family configuration; 3,160 square feet of property size; Finished basement with separate front entrance
More about this property
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