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Three-Family Brick Home with Basement

6915 14th Avenue Brooklyn, NY 11228

New
6915 14th Avenue, Brooklyn, NY, 11228
$1,699,000
For Sale
Claim this Listing
$1,699,000

MULTI_FAMILY - Brooklyn, NY

Property Size3,160 SF
Lot Size0.04 Acres
Price / SF$537.66
AddedJul 13
Days on Market4
Last RefreshJul 16 at 11:06 am

Property Features for 6915 14th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
5
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 5
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished, Full
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
Tile, Hardwood, Ceramic
Building materials
Brick
Roof type
Flat

Listing agent Billy Apter License #BEA5721

Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY

Listing date Jul 13, 2026

MLS# 502982 Listing URL

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.


Investment Insights

Based on property information with market context.

This brick three-family home is reported as formerly a four-family configuration and currently offers three units. The property includes a finished basement with a separate front entrance. The seller notes it can be converted back to a four-family home.

Located in Brooklyn, the home is described as conveniently situated to transportation and shopping. Zoning is listed as R5.

With its flexible layout and separate basement access, the property is suited to buyers seeking a multifamily residence with potential configuration options within the existing building footprint.

Key Highlights

  • 3‑family brick home with a 20x79 house size and approx. 3,200 SF of living space
  • Finished basement with separate front entrance
  • Originally a 4‑family; currently configured as a 3‑family and can be converted back to a 4‑family

Local 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 $161.2k $51.00
− Vacancy −$3.1k −$0.97
EGI $158.1k $50.03
− OpEx −$47.4k −$15.01
NOI $110.7k $35.02
3,160 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,669 @ 7.0% cap · market cap 6.51%
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 10.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Gym & Fitness Center Nursing Home Skin Care Clinic Nursing Home Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Brick three-family home with finished basement and separate front entrance, zoned R5, formerly configured as a four-family.
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 $1,699,000.
What are key features of this property?
This property features: 3‑family brick home with a 20x79 house size and approx. 3,200 SF of living space; Finished basement with separate front entrance; Originally a 4‑family; currently configured as a 3‑family and can be converted back to a 4‑family
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