Three-Family Townhouse with
774 GREENE Avenue Brooklyn, NY 11221
New
774 GREENE Avenue, Brooklyn, NY, 11221
$2,525,000
For Sale
$2,525,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,262 SF
Price / SF$774.06
Days on Market2
Property Features for 774 GREENE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 6, Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Patio and Porch features
- Patio, Deck
- Fireplace
- 1
- Standard status
- Active
- Size
- 3,262 SF
Taxes and HOA fees
- Tax Annual Amount
- 10680
Building Details
- Year built
- 1931
- Floors in Building
- 3
Listing Agency
Serhant LLC
(646) 480-7665
372 West Broadway, New York, NY
Listed by
Ryan Serhant
(646) 480-7665
Added: Jul 16 Checked: Jul 17 at 2:06 am
MLS# 1026936
Listing URL
Copyright © 2026 OneKey MLS. 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.
774 Greene Avenue is a well-maintained three-family townhouse in Bedford-Stuyvesant. The owner’s duplex includes three bedrooms, two-and-a-half bathrooms, and a spacious recreation cellar, with preserved original details such as exposed brick and a wood-burning fireplace. The duplex also opens to a private backyard that includes a sauna.
Above, the property has two two-bedroom residences. One apartment features a private balcony. All three residences include in-unit washer and dryers.
For access around Brooklyn and Manhattan, the home is near multiple subway options, including the J, M, and Z trains at Myrtle Avenue, the G train at Myrtle-Willoughby Avenues, and the A/C trains at Kingston-Throop Avenues.
Above, the property has two two-bedroom residences. One apartment features a private balcony. All three residences include in-unit washer and dryers.
For access around Brooklyn and Manhattan, the home is near multiple subway options, including the J, M, and Z trains at Myrtle Avenue, the G train at Myrtle-Willoughby Avenues, and the A/C trains at Kingston-Throop Avenues.
Key Highlights
- Three‑family townhouse with original historic details, built in 1931
- Owner’s duplex: 3 bedrooms and 2.5 bathrooms plus a recreation cellar
- Wood‑burning fireplace in the home
Local Financial Insights For Multifamily LT 5
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 | $166.4k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $163.2k | $50.03 |
| − OpEx | −$49.0k | −$15.01 |
| NOI | $114.2k | $35.02 |
3,262 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,241 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,585 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,066 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family townhouse with in-unit washer/dryers, a sauna, and multiple outdoor features.
Where is this triplex located?
The property is located at 774 GREENE Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: Three‑family townhouse with original historic details, built in 1931; Owner’s duplex: 3 bedrooms and 2.5 bathrooms plus a recreation cellar; Wood‑burning fireplace in the home
