Three-Family
For Sale
Contact for pricing
726 east 53, Brooklyn, NY 11203
Residential income property configured for three families with a triplex layout.
Property Size2,333 SF
Price / SF$471.50
Days on Market70
Property Features for 726 east 53
General Information
Standard status
Active
Size
2,333 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Listing Agency:
BETTER PLACE REALTY LLC
Listed By:
Idan Moshe
(516) 477-6969
Source:
Crexi
Added: Aug 3
Changed: Oct 10
Last Checked: Oct 11 at 5:46AM
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 BETTER PLACE REALTY LLC
Investment Insights
Based on property information with market context.
This 2,333-square-foot triplex is configured as a three-family residential income property. Built in 1940, the building offers an established multifamily format for ownership or continued rental use.
The property is located at 726 East 53 in Brooklyn, New York 11203. Its three-family configuration and existing multifamily classification provide the primary framework for evaluating the asset.
The property is located at 726 East 53 in Brooklyn, New York 11203. Its three-family configuration and existing multifamily classification provide the primary framework for evaluating the asset.
Key Highlights
- Three‑family triplex configuration
- 2,333 square feet of property size
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,706
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,120
$1.6M
Cap Rate 7%
$1,167,229
$1.2M
Cap Rate 9%
$907,844
$907.8K
Market Conditions
NOI Build-Up for 2,333 SF
Gross rent
$119.0K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$116.7K $50.03/SF
− OpEx
−$35.0K −$15.01/SF
NOI
$81.7K $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%
$1,634,120
Cap Rate 7%
$1,167,229
Cap Rate 9%
$907,844
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,706 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$1.02M
$890.3K – $1.19M
NOI $71,224 @ 7.0% cap · market cap 6.47%
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $135,221 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,106
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Residential income property configured for three families with a triplex layout.
Where is this triplex located?
The property is located at 726 east 53 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Three‑family triplex configuration; 2,333 square feet of property size; Built in 1940
