Three-Unit Building in
For Sale
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782 Marcy Avenue, Brooklyn, NY 11216
Three-story, three-unit building in Brooklyn with modern amenities.
Property Size3,060 SF
Price / SF$767.97
Days on Market156
Property Features for 782 Marcy Avenue
General Information
Standard status
Active
Size
3,060 SF
Property subtype
Multifamily
Zoning
R6B
Occupancy
100%
Net Operating Income
$70,000
Building Details
Year Built
2016
Year Renovated
2016
Buildings
1
Listing Agency:
Brown Harris Stevens
Listed By:
Kervin Vales · License #109918089
(917) 564-5242
Source:
Crexi
Added: May 21
Changed: Oct 10
Last Checked: Oct 20 at 9:12PM
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 Brown Harris Stevens
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Investment Insights
Based on property information with market context.
This is a three-story building with three units, constructed ten years ago. The building has a width of 20 feet. The first floor features a two-bedroom, floor-through apartment. The second and third floors each contain a three-bedroom, floor-through apartment. Each unit is individually metered for gas and electric and equipped with its own gas boiler, water heater, washer, and dryer. The hallways and stairs are carpeted and well-maintained. The property size is 3060 square feet.
Key Highlights
- Newly built in 2016, this building features three separate units.
- Each unit is a floor‑through apartment, offering either 2 or 3 bedrooms.
- Individually metered for gas and electric for each unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,166
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,143,320
$2.1M
Cap Rate 7%
$1,530,943
$1.5M
Cap Rate 9%
$1,190,733
$1.2M
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$156.1K $51.00/SF
− Vacancy
−$3.0K −$0.97/SF
EGI
$153.1K $50.03/SF
− OpEx
−$45.9K −$15.01/SF
NOI
$107.2K $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%
$2,143,320
Cap Rate 7%
$1,530,943
Cap Rate 9%
$1,190,733
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.79M
NOI $107,166 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$1.33M
$1.17M – $1.56M
NOI $93,419 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$2.53M
$2.22M – $2.96M
NOI $177,358 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,516
Businesses Nearby
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Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-story, three-unit building in Brooklyn with modern amenities.
Where is this triplex located?
The property is located at 782 Marcy Avenue 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: Newly built in 2016, this building features three separate units.; Each unit is a floor‑through apartment, offering either 2 or 3 bedrooms.; Individually metered for gas and electric for each unit.
