Brooklyn Three-Family Home For
For Sale
$1,199,000
852 Blake Ave, Brooklyn, NY 11207
Three-family home in Brooklyn with strong rental and investment potential.
Property Size2,003 SF
Lot Size0.06 Acres
Days on Market334
Property Features for 852 Blake Ave
General Information
Standard status
Active
Size
2,003 SF
Lot size
0.06 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$4,319
Building Details
Building Size
2,003 SF
Year Built
1901
Units
3
Listed By:
Jose M. Acosta CBR
(631) 872-5257
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Oct 26 at 6:24PM
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 Jose M. Acosta CBR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family home presents an investment opportunity in a developing area of Brooklyn. The property features three units, each offering ample space and natural light. The lower unit includes basement access, suitable for storage or additional income generation. The property's location offers convenient access to shopping, schools, parks, and public transportation, providing both stability and growth potential for investors.
Key Highlights
- Three‑family home offers strong rental income potential.
- Located in a rapidly developing area of Brooklyn.
- Convenient access to shopping, schools, parks, and public transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,148
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,960
$1.4M
Cap Rate 7%
$1,002,114
$1.0M
Cap Rate 9%
$779,422
$779.4K
Market Conditions
NOI Build-Up for 2,003 SF
Gross rent
$102.2K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$100.2K $50.03/SF
− OpEx
−$30.1K −$15.01/SF
NOI
$70.1K $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%
$1,402,960
Cap Rate 7%
$1,002,114
Cap Rate 9%
$779,422
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$876.9K – $1.17M
NOI $70,148 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$873.6K
$764.4K – $1.02M
NOI $61,150 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $116,094 @ 7.0% cap · market cap 9.68%
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
Location Intelligence
Trade Area within ½ mile
2,919
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
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 - Three-family home in Brooklyn with strong rental and investment potential.
Where is this triplex located?
The property is located at 852 Blake Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑family home offers **strong rental income potential**.; Located in a rapidly developing area of Brooklyn.; Convenient access to shopping, schools, parks, and public transportation.
