Brick 3-Family
New
For Sale
$1,999,000
8826 24th Avenue, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,364 SF
Lot Size0.07 Acres
Price / SF$594.23
Days on Market7
Property Features for 8826 24th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 4
Parking features
Garage
Interior features
Garage Door Opener(s), Laundry Area, Refrigerator
Subdivision
Bensonhurst
Standard status
Active
Size
3,364 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
12567
Amenities
enclosed backyard
family room
Building Details
Year built
1965
Floors in Building
3
Number of units
3
Flooring type
Carpet, Hardwood, Linoleum
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
BRP Associates Inc
Listed By:
Jean Paul Ho · License #JPH8888
(718) 713-6888
Added: Oct 25
Changed: Oct 31
Last Checked: Oct 31 at 7:06PM
MLS# 505610
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.
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 3-family brick property was built in 1965 and contains approximately 3,364 square feet. The building measures approximately 22.33 by 55.42 feet on a 31.42-by-95.42-foot lot. It is fully vacant and has three bathrooms, a garage currently arranged as a family room, and an enclosed backyard. The brick exterior has been repointed, and the building has two-zone heating and separate hot water heaters. Zoning is R5.
A private driveway accommodates approximately 4-5 cars. The property is near 24th Avenue and Benson Avenue, with neighborhood shops, restaurants, public transportation, the D train, and local bus lines nearby.
A private driveway accommodates approximately 4-5 cars. The property is near 24th Avenue and Benson Avenue, with neighborhood shops, restaurants, public transportation, the D train, and local bus lines nearby.
Key Highlights
- 3‑family brick property built in 1965
- Approximately 3,364 square feet on a 0.0688‑acre lot
- R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,752
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,040
$1.8M
Cap Rate 7%
$1,310,743
$1.3M
Cap Rate 9%
$1,019,467
$1.0M
Market Conditions
NOI Build-Up for 3,364 SF
Gross rent
$137.3K $40.80/SF
− Vacancy
−$6.2K −$1.84/SF
EGI
$131.1K $38.96/SF
− OpEx
−$39.3K −$11.69/SF
NOI
$91.8K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,040
Cap Rate 7%
$1,310,743
Cap Rate 9%
$1,019,467
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,752 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$1.17M
$1.03M – $1.37M
NOI $82,231 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,367 @ 7.0% cap · market cap 6.87%
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
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - The fully vacant residence includes a private driveway and an enclosed backyard.
Where is this triplex located?
The property is located at 8826 24th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 3‑family brick property built in 1965; Approximately 3,364 square feet on a 0.0688‑acre lot; R5 zoning
