Three-Family Residential
88 Aberdeen Street Brooklyn, NY 11207
MULTI_FAMILY - Brooklyn, NY
Property size:
2,940 SFLot size:
0.04 AcresPrice / SF:
$680/SF- Added:
- May 11, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 10 at 4:06 am
Property Features for 88 Aberdeen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
- Patio and Porch features
- Patio
- Interior features
- Dishwasher, Dryer, Patio Garden, Terrace, Washer
- Standard status
- Active
- Size
- 2,940 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7719
Building Details
- Year built
- 2004
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Richard E. Dun (646) 881-6225
Listing office Reliance Realty One LLC 2291 Hylan Blvd, Staten Island, NY (646) 881-6225
Listing date May 11, 2026
MLS# 501127
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
88 Aberdeen Street is a modern three-family residential building arranged with two spacious apartments featuring 3 bedrooms and 2 baths, plus an additional 2-bedroom, 1-bath unit. Each unit is equipped with its own washer and dryer, supporting convenient in-home laundry for residents. The property is described as being in mint condition.
First-floor residents have private yard access, providing outdoor space without leaving the home. For additional shared outdoor use, owners receive access to a community garden located across the street. The property is located in Brooklyn at 88 Aberdeen Street, and it is zoned R6.
This configuration is well-suited to an owner-occupant looking to live in one unit while generating rental income from the other two homes, with the benefit of in-unit laundry across all apartments. Investors may also find the unit mix practical for tenant variety, given the combination of two larger 3-bedroom layouts and one smaller 2-bedroom layout within the same building. The yard and community garden access can be meaningful differentiators for maintaining resident satisfaction over time.
First-floor residents have private yard access, providing outdoor space without leaving the home. For additional shared outdoor use, owners receive access to a community garden located across the street. The property is located in Brooklyn at 88 Aberdeen Street, and it is zoned R6.
This configuration is well-suited to an owner-occupant looking to live in one unit while generating rental income from the other two homes, with the benefit of in-unit laundry across all apartments. Investors may also find the unit mix practical for tenant variety, given the combination of two larger 3-bedroom layouts and one smaller 2-bedroom layout within the same building. The yard and community garden access can be meaningful differentiators for maintaining resident satisfaction over time.
Key Highlights
- Modern three‑family home built in 2004 with brick construction and a flat roof
- Two 3‑bedroom, 2‑bath apartments plus a 2‑bedroom, 1‑bath unit
- Each unit includes its own washer and dryer
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 | $149.9k | $51.00 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $147.1k | $50.03 |
| − OpEx | −$44.1k | −$15.01 |
| NOI | $103.0k | $35.02 |
2,940 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Modern three-unit home with multiple washer and dryer hookups and yard access for added tenant appeal.
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: Modern three‑family home built in 2004 with brick construction and a flat roof; Two 3‑bedroom, 2‑bath apartments plus a 2‑bedroom, 1‑bath unit; Each unit includes its own washer and dryer
