Gutted Single-Family Home
715 Avenue H Brooklyn, NY 11230
715 Avenue H, Brooklyn, NY, 11230
$1,549,000
For Sale
$1,549,000
SINGLE_FAMILY - Brooklyn, NY
Property Size2,227 SF
Lot Size0.06 Acres
Price / SF$695.55
Days on Market48
Property Features for 715 Avenue H
General Information
- Property type
- Residential
- Property subtype
- Triplex
- Zoning
- R5
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3
- Basement
- Full
- Standard status
- Active
- Size
- 2,227 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7943
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Architectural style
- Other
Listing Agency
Double Door Realty Inc
(917) 589-1991
1570 E 12th St, Brooklyn, NY
Listed by
Haiem Samouha
(917) 589-1991
Added: May 31 Checked: Jul 17 at 11:06 pm
MLS# 501878
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 fully gutted single-family home has been taken to the studs and is ready for completion. The layout is designed for a spacious 6-bedroom residence, with the interior currently in a clean slate condition suitable for customization.
The property sits on a small lot and is zoned R5. It includes a private driveway and garage, offering off-street parking as the home is brought to completion.
With the existing structure already stripped back, buyers can move forward with their preferred build-out plan for a completed 6-bedroom single-family home.
The property sits on a small lot and is zoned R5. It includes a private driveway and garage, offering off-street parking as the home is brought to completion.
With the existing structure already stripped back, buyers can move forward with their preferred build-out plan for a completed 6-bedroom single-family home.
Key Highlights
- Fully gutted 6‑bedroom home ready for completion, with interior already gutted to the studs
- 6 total bedrooms and 3 bathrooms (2, 3, and 1 listed) for flexible living or rental layouts
- Year built: 1925
Local Financial Insights For Apartment 5plus
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 | $126.1k | $56.64 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $123.6k | $55.51 |
| − OpEx | −$55.6k | −$24.98 |
| NOI | $68.0k | $30.53 |
2,227 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$971.3K
$849.9K – $1.13M
NOI $67,988 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $129,077 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Fully gutted 6-bedroom home with private driveway and garage, ready for completion in an R5 zone.
Where is this single family property located?
The property is located at 715 Avenue H Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Fully gutted 6‑bedroom home ready for completion, with interior already gutted to the studs; 6 total bedrooms and 3 bathrooms (2, 3, and 1 listed) for flexible living or rental layouts; Year built: 1925