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Renovated Triplex with Garage
For Sale
$1,449,999

907 Herkimer St., Brooklyn, NY 11233

Residential Income, Brooklyn, NY

Property Size2,475 SF
Lot Size0.05 Acres
Price / SF$585.86
Days on Market98

Property Features for 907 Herkimer St.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2
Parking features Driveway
Patio and Porch features Patio
Interior features Walk-In Closet(s), Entrance Foyer, Master Downstairs
Fencing Fenced
Subdivision Bedford-Stuyvesant
Standard status Active
Size 2,475 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2652

Utilities

Heating system Natural Gas, Hot Water(Heating)
Water source Public

Amenities

courtyard
garage
backyard
cabana
grill
exterior lighting

Building Details

Year built 1899
Floors in Building 2
Flooring type Hardwood, Tile
Architectural style Other
Additional Structures Cabana
Buildings 1
Listing Agency: FLATEAU REALTY CORP
Listed By: Gloria Sandiford
Added: Jul 22 Changed: Oct 27 Last Checked: Oct 27 at 7:06AM
MLS# 11908893

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This renovated triplex contains 2,475 square feet on a 20' x 100' lot, with a 20' x 50' building footprint. Interior details include updated kitchens and bathrooms, hardwood and tile flooring, and laundry space. The property is heated by natural gas and has a tankless hot water system. R6B zoning is reported, with an actual FAR of 1.24 and a maximum residential FAR of 2.00.

A gated entry opens to a tiled front courtyard, while the fenced rear yard features stone pavers, lighting, a grill, cabana, gardening area, and water and electric connections. A one-car garage has an automatic door opener. The property is near A/C train service and buses, as well as restaurants, cafes, shops, and community gardens. Delivery is vacant.

Key Highlights

  • 2,475‑square‑foot triplex on a 20' x 100' lot
  • R6B zoning; actual FAR of 1.24 and maximum residential FAR of 2.00
  • One‑car garage with automatic door opener

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,679
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,733,580 $1.7M
Cap Rate 7%
$1,238,271 $1.2M
Cap Rate 9%
$963,100 $963.1K
Market Conditions
NOI Build-Up for 2,475 SF
Gross rent
$126.2K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$123.8K $50.03/SF
− OpEx
−$37.1K −$15.01/SF
NOI
$86.7K $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%
$1,733,580
Cap Rate 7%
$1,238,271
Cap Rate 9%
$963,100

Alternative Uses

Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,679 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$1.08M
$944.5K – $1.26M (±1% cap)
NOI $75,559 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,451 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,365
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Delivered vacant, the property includes a private fenced backyard and a one-car garage.
Where is this triplex located?
The property is located at 907 Herkimer St. Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,449,999.
What are key features of this property?
This property features: 2,475‑square‑foot triplex on a 20' x 100' lot; R6B zoning; actual FAR of 1.24 and maximum residential FAR of 2.00; One‑car garage with automatic door opener
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