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Renovated Three-Story Triplex
For Sale
$1,850,000

8310 3rd Avenue, Brooklyn, NY 11209

Residential Income, Brooklyn, NY

Property Size2,925 SF
Lot Size0.04 Acres
Price / SF$632.48
Days on Market63

Property Features for 8310 3rd Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Elementary school Ps 185 Walter Kassenbrock
Middle school Jhs 259 William Mckinley
High school Fort Hamilton High School
Elementary school district Brooklyn 20
Middle school district Brooklyn 20
High school district Brooklyn 20
Standard status Active
APN 06016-0041
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10345

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1905
Number of units 3
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Added: Aug 5 Changed: Aug 20 Last Checked: Oct 6 at 9:06AM
MLS# 1035022

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 three-story triplex at 8310 3rd Avenue comprises approximately 2,925 square feet on a 20' x 90' lot. Constructed in 1905 and renovated in 2004, the building is classified within R6B / C2-3 zoning and is presented as a residential income property.

The property is located in Brooklyn, NY 11209, in Kings County. Building services include natural-gas heating, public water, and public sewer. The asset combines an established building footprint with documented renovation history and a residential income configuration.

Key Highlights

  • Approximately 2,925 sq ft of building space
  • Three‑story triplex on a 20' x 90' lot
  • R6B / C2‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,178
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,560 $2.1M
Cap Rate 7%
$1,516,829 $1.5M
Cap Rate 9%
$1,179,756 $1.2M
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$193.1K $66.00/SF
− Vacancy
−$23.2K −$7.92/SF
EGI
$169.9K $58.08/SF
− OpEx
−$63.7K −$21.78/SF
NOI
$106.2K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,560
Cap Rate 7%
$1,516,829
Cap Rate 9%
$1,179,756

Alternative Uses

Best Use
Mixed Use
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,178 @ 7.0% cap · market cap 5.74%
Second Best
Multifamily LT 5
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,438 @ 7.0% cap · market cap 5.54%
Theoretical Best
Specialty Retail
$2.42M
$2.12M – $2.83M (±1% cap)
NOI $169,533 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Psychic Readings By ... Spiritual Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Building Supply Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,591
Businesses Nearby

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The property carries R6B / C2-3 zoning and was renovated in 2004.
Where is this triplex located?
The property is located at 8310 3rd Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approximately 2,925 sq ft of building space; Three‑story triplex on a 20' x 90' lot; R6B / C2‑3 zoning
More about this property
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