3-Unit Townhouse with
For Sale
$2,525,000
774 GREENE Avenue, Brooklyn, NY 11221
Residential, Brooklyn, NY
Property Size3,262 SF
Price / SF$774.06
Days on Market113
Property Features for 774 GREENE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 6, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 7
Patio and Porch features
Deck, Patio
Fireplace
1
Subdivision
Stuyvesant Heights
High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
Size
3,262 SF
Taxes and HOA fees
Tax Annual Amount
10680
HOA Fee
$1.00 Annually
Amenities
sauna
private backyard
wood-burning fireplace
private balcony
in-unit washer and dryers
Building Details
Year built
1931
Floors in Building
3
Buildings
1
Listing Agency:
Serhant LLC
Listed By:
Ryan Serhant
(646) 480-7665
Added: Jul 16
Changed: Nov 5
Last Checked: Nov 5 at 1:06PM
MLS# 1026936
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.
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Investment Insights
Based on property information with market context.
This 3,262-square-foot, three-family townhouse at 774 Greene Avenue was built in 1931. The owner's duplex has three bedrooms, two-and-a-half bathrooms, a recreation cellar, exposed brick, and a wood-burning fireplace. A private backyard includes a sauna. Two upper apartments each have two bedrooms, and one also features a private balcony. All three residences have in-unit washers and dryers.
The property is in Brooklyn's Bedford-Stuyvesant neighborhood. Nearby rail service 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 surrounding area includes cafes, restaurants, parks, and boutiques.
The property is in Brooklyn's Bedford-Stuyvesant neighborhood. Nearby rail service 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 surrounding area includes cafes, restaurants, parks, and boutiques.
Key Highlights
- 3,262‑square‑foot, three‑family townhouse built in 1931
- Owner's duplex offers 3 bedrooms, 2.5 bathrooms, a recreation cellar, exposed brick, and a wood‑burning fireplace
- Two additional residences each have 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,241
Cap Rate
4.52%
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 4.52%
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 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
Yes
Paved road access
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The owner's duplex is paired with two additional two-bedroom residences, each equipped with in-unit laundry.
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: 3,262‑square‑foot, three‑family townhouse built in 1931; Owner's duplex offers 3 bedrooms, 2.5 bathrooms, a recreation cellar, exposed brick, and a wood‑burning fireplace; Two additional residences each have 2 bedrooms
