Brooklyn Triplex Near Saratoga
794 Macon Street Brooklyn, NY 11233
794 Macon Street, Brooklyn, NY, 11233
$1,499,999
Pending
For Sale
$1,499,999
Pending
MULTI_FAMILY - Brooklyn, NY
Property Size3,400 SF
Lot Size0.08 Acres
Days on Market323
Property Features for 794 Macon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 8, Bedroom 7
- Parking features
- On Street
- Interior features
- First Floor Bedroom
- Basement
- Full
- Standard status
- Pending
- APN
- 01497-0022
- Size
- 3,400 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5988
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 3
- Building materials
- Brick
Listing Agency
Keller Williams Realty Greater
(516) 873-7100
400 Garden City Plz Ste 438, Garden City, NY
Listed by
Davidson Joseph
(917) 415-1060
Added: Aug 29, 2025 Checked: Jul 17 at 5:06 am
MLS# 906830
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.
This legal three-family townhouse is located in the heart of Bedford-Stuyvesant. The property, with approximately 3,400 square feet, is configured as a three-bedroom apartment over another three-bedroom apartment, plus a two-bedroom garden-level apartment with a full basement. Each apartment is separately metered with its own electric and gas service. The home offers flexibility for owners to live in one of the spacious upper floors with views of Saratoga Park, while the other apartments provide rental income. The scale, layout, and location make this an excellent long-term investment in one of Brooklyn's most desirable neighborhoods. Living across from Saratoga Park provides access to greenery, recreation, and community. The park's lawns, playgrounds, and tree-lined paths create a daily escape, while Bed-Stuy's brownstone blocks, cafes, restaurants, and shops contribute to the neighborhood's vibrant energy. Convenient subway access facilitates commuting throughout Brooklyn and Manhattan. Situated on a lot of 0.0781 acres, this property offers both a comfortable home and a smart investment in one of Brooklyn's thriving communities.
Key Highlights
- Legal three‑family townhouse with approximately 3,400 SF arranged as three‑bedroom over three‑bedroom plus a two‑bedroom garden level unit
- Separate electric and gas service with individual apartment metering
- First‑floor bedroom plus additional bedrooms across the three units (8 total bedroom rooms listed)
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 | $173.4k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $170.1k | $50.03 |
| − OpEx | −$51.0k | −$15.01 |
| NOI | $119.1k | $35.02 |
3,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.70M
$1.49M – $1.98M
NOI $119,074 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$1.48M
$1.30M – $1.73M
NOI $103,798 @ 7.0% cap · market cap 6.92%
Theoretical Best
Specialty Retail
$2.82M
$2.46M – $3.28M
NOI $197,064 @ 7.0% cap · market cap 13.14%
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 - Three-family townhouse in Bedford-Stuyvesant, steps from Saratoga Park.
Where is this triplex located?
The property is located at 794 Macon Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Legal three‑family townhouse with approximately 3,400 SF arranged as three‑bedroom over three‑bedroom plus a two‑bedroom garden level unit; Separate electric and gas service with individual apartment metering; First‑floor bedroom plus additional bedrooms across the three units (8 total bedroom rooms listed)
