Three-Unit Brick
New
For Sale
$1,200,000
84 Hull St, Brooklyn, NY 11233
Three levels provide nine bedrooms, with a finished basement adding flexible interior space.
Property Size3,440 SF
Days on Market6
Property Features for 84 Hull St
General Information
Standard status
Active
Size
3,440 SF
Property subtype
Investment
Units
Unit Mix
3 x 3BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,528
Building Details
Building Size
3,440 SF
Year Built
1905
Buildings
1
Stories
3
Units
3
Construction
brick
Listing Agency:
Signature Premier Properties
Listed By:
Kevin Iglesias · License #10301218639
(631) 618-7413
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 19 at 8:18AM
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 Signature Premier Properties
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Investment Insights
Based on property information with market context.
This brick triplex contains three residential units, arranged one per floor. Each level has three bedrooms and one full bathroom, for a total of nine bedrooms and three bathrooms. A finished basement adds further interior space. The roof and entrance stairway have been updated, and the boiler and water heater are maintained. Built in 1905, the property offers a defined three-unit layout with a substantial bedroom count.
Public transportation options include the Rockaway Avenue station, approximately a two-minute walk away, with C train service and late-night A service. Other nearby subway connections include Chauncey Street’s J/Z, Ralph Avenue’s C, Bushwick Avenue–Aberdeen Street’s L, and Broadway Junction’s A/C/J/L, with Z service during rush hours. B25 and B60 bus routes also serve the area. Local destinations include Marion Hopkinson Playground, Fish Playground, Saratoga Library, and shopping, dining, groceries, and everyday services along Fulton Street, Broadway, and Rockaway Avenue.
Public transportation options include the Rockaway Avenue station, approximately a two-minute walk away, with C train service and late-night A service. Other nearby subway connections include Chauncey Street’s J/Z, Ralph Avenue’s C, Bushwick Avenue–Aberdeen Street’s L, and Broadway Junction’s A/C/J/L, with Z service during rush hours. B25 and B60 bus routes also serve the area. Local destinations include Marion Hopkinson Playground, Fish Playground, Saratoga Library, and shopping, dining, groceries, and everyday services along Fulton Street, Broadway, and Rockaway Avenue.
Key Highlights
- Three residential units across three floors
- Each floor has three bedrooms and one full bathroom; nine bedrooms and three bathrooms total
- Finished basement provides additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,020
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,100,400
$2.1M
Cap Rate 7%
$1,500,286
$1.5M
Cap Rate 9%
$1,166,889
$1.2M
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$194.8K $56.64/SF
− Vacancy
−$3.9K −$1.13/SF
EGI
$190.9K $55.51/SF
− OpEx
−$85.9K −$24.98/SF
NOI
$105.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,100,400
Cap Rate 7%
$1,500,286
Cap Rate 9%
$1,166,889
Alternative Uses
Best Use
Multifamily LT 5
$1.72M
$1.51M – $2.01M
NOI $120,475 @ 7.0% cap · market cap 10.04%
Second Best
Apartment 5plus
$1.50M
$1.31M – $1.75M
NOI $105,020 @ 7.0% cap · market cap 8.75%
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.32M
NOI $199,382 @ 7.0% cap · market cap 16.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
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 levels provide nine bedrooms, with a finished basement adding flexible interior space.
Where is this triplex located?
The property is located at 84 Hull St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three residential units across three floors; Each floor has three bedrooms and one full bathroom; nine bedrooms and three bathrooms total; Finished basement provides additional interior space
