3-Unit Building with
88 MacDougal Street, Brooklyn, NY 11233
For Sale
New
$1,150,000
Three apartments include a duplex with basement laundry and access to the backyard.
Property Size2,970 SF
Price / SF$387.21
Days on Market4
Property Features for 88 MacDougal Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
backyard
washer/dryer
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Compass
Listed By:
ELI ELIAHOU HALIVA · License #30HA1176670
(917) 627-5677
Source:
Penrealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 12:46PM
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 Compass
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Investment Insights
Based on property information with market context.
Built in 2002, this 2,970-square-foot residential property contains three apartments above an entrance level with a two-car garage. The duplex includes three bedrooms and 2.5 bathrooms, along with basement access for full-size laundry appliances and a path to the backyard. A one-bedroom apartment on the second floor has one full bathroom, a large living room, and closets throughout. The top-floor apartment offers two bedrooms and one bathroom.
The property is at 88 MacDougal Street in Brooklyn, New York. Its apartment layouts include a duplex and two single-level units, with garage parking at the entrance level and outdoor access from the duplex.
The property is at 88 MacDougal Street in Brooklyn, New York. Its apartment layouts include a duplex and two single-level units, with garage parking at the entrance level and outdoor access from the duplex.
Key Highlights
- Three apartments in a 2,970‑square‑foot building
- Two‑car garage at the entrance level
- Duplex apartment with 3 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,014
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,080,280
$2.1M
Cap Rate 7%
$1,485,914
$1.5M
Cap Rate 9%
$1,155,711
$1.2M
Market Conditions
NOI Build-Up for 2,970 SF
Gross rent
$151.5K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$148.6K $50.03/SF
− OpEx
−$44.6K −$15.01/SF
NOI
$104.0K $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%
$2,080,280
Cap Rate 7%
$1,485,914
Cap Rate 9%
$1,155,711
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.73M
NOI $104,014 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M
NOI $90,671 @ 7.0% cap · market cap 7.88%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,141 @ 7.0% cap · market cap 14.97%
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
3,500
Businesses Nearby
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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
$1,013,000
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments include a duplex with basement laundry and access to the backyard.
Where is this triplex located?
The property is located at 88 MacDougal Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three apartments in a 2,970‑square‑foot building; Two‑car garage at the entrance level; Duplex apartment with 3 bedrooms and 2.5 bathrooms
