3-Unit Triplex with Private
New
For Sale
$1,999,999
88 Aberdeen Street, Brooklyn, NY 11207
Each residence has its own washer and dryer, and the first-floor apartment has private yard access.
Property Size2,940 SF
Price / SF$680.27
Days on Market7
Property Features for 88 Aberdeen Street
General Information
Standard status
Active
Size
2,940 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,719
Amenities
yard access
in-unit washer/dryer
Building Details
Building Size
2,940 SF
Year Built
2004
Listing Agency:
Reliance Realty One LLC
Listed By:
Richard E. Dun · License #10491213076
(646) 881-6225
Source:
Penrealty
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 16 at 5:42PM
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 Reliance Realty One LLC
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Investment Insights
Based on property information with market context.
This 2,940-square-foot triplex, built in 2004, contains three apartments: two with three bedrooms and two bathrooms each, plus a two-bedroom, one-bathroom unit. Every apartment includes its own washer and dryer. Residents of the first-floor unit also have private access to a yard.
The property is at 88 Aberdeen Street in Brooklyn, with the L train a short distance away. A community garden is across the street.
The property is at 88 Aberdeen Street in Brooklyn, with the L train a short distance away. A community garden is across the street.
Key Highlights
- 2,940‑square‑foot triplex built in 2004
- Two 3‑bedroom, 2‑bath apartments and one 2‑bedroom, 1‑bath apartment
- Each unit has its own washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,964
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,059,280
$2.1M
Cap Rate 7%
$1,470,914
$1.5M
Cap Rate 9%
$1,144,044
$1.1M
Market Conditions
NOI Build-Up for 2,940 SF
Gross rent
$149.9K $51.00/SF
− Vacancy
−$2.8K −$0.97/SF
EGI
$147.1K $50.03/SF
− OpEx
−$44.1K −$15.01/SF
NOI
$103.0K $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%
$2,059,280
Cap Rate 7%
$1,470,914
Cap Rate 9%
$1,144,044
Alternative Uses
Best Use
Multifamily LT 5
$1.47M
$1.29M – $1.72M
NOI $102,964 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$1.28M
$1.12M – $1.50M
NOI $89,755 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$2.43M
$2.13M – $2.84M
NOI $170,402 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,473
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has its own washer and dryer, and the first-floor apartment has private yard access.
Where is this triplex located?
The property is located at 88 Aberdeen Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 2,940‑square‑foot triplex built in 2004; Two 3‑bedroom, 2‑bath apartments and one 2‑bedroom, 1‑bath apartment; Each unit has its own washer and dryer
