762 East 32nd Street, Brooklyn, NY 11210
Two side-by-side multifamily properties with tax exemption until 2055.
- Added:
- Jul 16, 2025
- Days on Market:
- 359
- Last Refresh:
- Jun 30 at 1:12 am
Property Features for 762 East 32nd Street
General Information
- Standard status
- Active
- Size
- 10,800 SF
- Lot size
- 0.09 Acres
- Property subtype
- MF
Building Details
- Year Built
- 2020
Listing office Keller Williams NYC (646) 321-4311
Listing date Jul 16, 2025
Source Realnex
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HighLights
- Benefit from a 421‑A tax exemption until 2055
- New construction (2020) multifamily property
- Features 16 residential units (2 one‑bedroom, 12 two‑bedroom, 2 three‑bedroom)
- Enjoy the convenience of a washer/dryer in each unit
- All units include balconies
- Separately metered for gas and electric
Overview
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 | $611.7k | $56.64 |
| − Vacancy | −$12.2k | −$1.13 |
| EGI | $599.5k | $55.51 |
| − OpEx | −$269.8k | −$24.98 |
| NOI | $329.7k | $30.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.94597
- Latitude
- 40.63246
