Residential Income Property with Fenced
For Sale
$1,450,000
750 Halsey Street, Brooklyn, NY 11233
Interior details include natural woodwork, high ceilings, and an eat-in kitchen.
Property Size2,457 SF
Days on Market8
Property Features for 750 Halsey Street
General Information
Standard status
Active
Size
2,457 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,169
Amenities
Wall/Window Unit(s)
Natural Gas
Unfinished
Cathedral Ceiling(s), Crown Molding, Eat-in Kitchen, Entrance Foyer, High Ceilings, Natural Woodwork
Fenced, Back Yard, Front Yard
No Garage, None
Building Details
Building Size
2,457 SF
Year Built
1899
Abandoned
Yes
Listing Agency:
Keller Williams Legendary
Listed By:
Jordan Cabral Martin
(347) 524-1659
Source:
Evrealestate
Added: Oct 22
Changed: Oct 28
Last Checked: Oct 28 at 4:26PM
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 Keller Williams Legendary
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Investment Insights
Based on property information with market context.
This residential income property dates to 1899 and features natural woodwork, crown molding, high ceilings, cathedral ceilings, an entrance foyer, and an eat-in kitchen. Wall/window units and natural gas are also noted among the interior features.
Fencing encloses both the front and back yards. The property has no garage.
Fencing encloses both the front and back yards. The property has no garage.
Key Highlights
- Built in 1899
- Fenced front and back yards
- Wall/window units and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,010
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,200
$1.5M
Cap Rate 7%
$1,071,571
$1.1M
Cap Rate 9%
$833,444
$833.4K
Market Conditions
NOI Build-Up for 2,457 SF
Gross rent
$139.2K $56.64/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$136.4K $55.51/SF
− OpEx
−$61.4K −$24.98/SF
NOI
$75.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,200
Cap Rate 7%
$1,071,571
Cap Rate 9%
$833,444
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$937.6K – $1.25M
NOI $75,010 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,408 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,485
Businesses Nearby
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Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Interior details include natural woodwork, high ceilings, and an eat-in kitchen.
Where is this residential income property located?
The property is located at 750 Halsey Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Built in 1899; Fenced front and back yards; Wall/window units and natural gas
