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Gutted Single-Family Home Ready

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
1570 E 12th St, Brooklyn, NY
Listed by Haiem Samouha
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Gym & Fitness Center Nail Salon Bar & Pub Acupuncture (Bike/Boat/Book/etc) Store

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

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
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