3-Unit Residential
New
For Sale
$1,999,999
88 Aberdeen Street, Brooklyn, NY 11207
Residential, Brooklyn, NY
Property Size2,940 SF
Lot Size0.04 Acres
Price / SF$680.27
Days on Market2
Property Features for 88 Aberdeen Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bathrooms
5
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
Interior features
Central Air - Split, Dryer, Microwave, Refrigerator, Stove, Washer
Subdivision
Bushwick
Standard status
Active
Size
2,940 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7719
Amenities
private yard access
washer and dryer
Building Details
Year built
2004
Floors in Building
3
Flooring type
Tile, Hardwood
Building materials
Block, Brick
Roof type
Flat
Listing Agency:
Reliance Realty One LLC
Listed By:
Richard E. Dun · License #10491213076
(646) 881-6225
Added: Oct 13
Last Checked: Oct 14 at 5:06AM
MLS# 505315
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.
This 2,940-square-foot residential triplex contains three apartments: two with three bedrooms and two bathrooms each, plus one with two bedrooms and one bathroom. Each residence has its own washer and dryer. The first-floor apartment has access to a private yard. Interior finishes include hardwood and tile flooring, and the building has central split-system air conditioning. Built in 2004, the property is constructed of block and brick and is zoned R6.
The property is three minutes from the L train, with a community garden across the street. The parcel measures 0.0415 acres.
The property is three minutes from the L train, with a community garden across the street. The parcel measures 0.0415 acres.
Key Highlights
- Three apartments: two 3‑bedroom, 2‑bath units and one 2‑bedroom, 1‑bath unit
- 2,940 square feet; 0.0415‑acre lot
- Washer and dryer in each apartment
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
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Two three-bedroom homes and one two-bedroom home provide a varied unit mix, with laundry in each residence.
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: Three apartments: two 3‑bedroom, 2‑bath units and one 2‑bedroom, 1‑bath unit; 2,940 square feet; 0.0415‑acre lot; Washer and dryer in each apartment
