Three-Family Residence with
774 GREENE Avenue TH, Brooklyn, NY 11221
For Sale
$2,350,000
Three separate units combine owner-occupant space with rental residences, and every unit includes an in-unit washer and dryer.
Property Size3,262 SF
Price / SF$720.42
Days on Market117
Property Features for 774 GREENE Avenue TH
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
sauna
private balcony
in-unit washer/dryer
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Serhant
Listed By:
Talia McKinney
(717) 314-2170
Source:
Carytamura
Added: Jul 16
Changed: Nov 8
Last Checked: Nov 8 at 5:08PM
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 Serhant
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,262-square-foot, four-story residence was built in 1931 and contains three separate homes. The owner's duplex has three bedrooms, two-and-a-half bathrooms, a recreation cellar, exposed brick, and a wood-burning fireplace. Two additional apartments each have two bedrooms. A private backyard with a sauna and a balcony off one apartment add outdoor amenities; all three homes have in-unit washers and dryers.
The property is in Bedford-Stuyvesant, near cafés, restaurants, parks, and boutiques. Nearby transit includes the J, M, and Z trains at Myrtle Avenue, the G at Myrtle-Willoughby Avenues, and the A and C at Kingston-Throop Avenues.
The property is in Bedford-Stuyvesant, near cafés, restaurants, parks, and boutiques. Nearby transit includes the J, M, and Z trains at Myrtle Avenue, the G at Myrtle-Willoughby Avenues, and the A and C at Kingston-Throop Avenues.
Key Highlights
- Three residences in a four‑story, 3,262‑square‑foot building
- Owner's duplex has 3 bedrooms, 2.5 bathrooms, and a recreation cellar
- Two additional apartments, each with 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,241
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,820
$2.3M
Cap Rate 7%
$1,632,014
$1.6M
Cap Rate 9%
$1,269,344
$1.3M
Market Conditions
NOI Build-Up for 3,262 SF
Gross rent
$166.4K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$163.2K $50.03/SF
− OpEx
−$49.0K −$15.01/SF
NOI
$114.2K $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%
$2,284,820
Cap Rate 7%
$1,632,014
Cap Rate 9%
$1,269,344
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,241 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,585 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,066 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,936
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate units combine owner-occupant space with rental residences, and every unit includes an in-unit washer and dryer.
Where is this triplex located?
The property is located at 774 GREENE Avenue TH Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Three residences in a four‑story, 3,262‑square‑foot building; Owner's duplex has 3 bedrooms, 2.5 bathrooms, and a recreation cellar; Two additional apartments, each with 2 bedrooms
