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    Brooklyn Brownstone with Untapped Potential Title is generated by Realmo AI

    Withheld Street, Brooklyn, NY 11221

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    Claim this Listing
    For Sale
    $1,595,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    3,540 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $450/SF
    Added:
    Apr 8, 2025
    Days on Market:
    440
    Last Refresh:
    Jun 21 at 1:06 pm

    Property Features for Withheld Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6B
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Interior features
    Refrigerator, Stove
    Basement
    Unfinished, Full
    Standard status
    Active
    Size
    3,540 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3778

    Building Details

    Year built
    1899
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Hardwood, Carpet, Ceramic, Linoleum
    Building materials
    Masonry
    Roof type
    Flat

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    Listing Contact
    Gamal Hasan

    Listing agent Gamal Hasan

    Listing office Bellmarc 715 5th Avenue, Brooklyn, NY

    Listing date Apr 8, 2025

    MLS# 490725 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.

    HighLights

    • 3‑family brownstone on a masonry 4‑story structure built in 1899
    • Unit layout includes a garden‑level 2‑bedroom duplex plus two upper‑level 2‑bedroom apartments
    • Original features include moldings and fireplaces (plus a blank‑canvas interior needing TLC)
    • Interior includes a refrigerator and stove, with hardwood, carpet, ceramic, and linoleum flooring
    • Flat roof and full cellar with added potential for storage or expansion
    • Public transit nearby: A/C at Utica Avenue; J/M/Z at Gates Avenue; B15, B25, B46, and B65 bus routes

    Overview

    This four-story brownstone in Brooklyn presents an opportunity for buyers. It features three units: a garden-level two-bedroom duplex with backyard potential and two upper-level two-bedroom apartments. The home retains original details like moldings and fireplaces. A full cellar offers possibilities for expansion or storage. Located on a tree-lined block in Bedford-Stuyvesant, the property is near the A/C trains at Utica Avenue and J/M/Z lines at Gates Avenue, with access to the B15, B25, B46, and B65 bus routes. The surrounding area includes destinations like Peaches HotHouse, Saraghina, and Herbert Von King Park. The three-unit configuration allows for flexible living arrangements with income potential. The property is 3,540 square feet and sits on a lot of 0.0452 acres. The zoning is R6B. It requires TLC to restore its full grandeur, offering investors or owner-occupiers the chance to shape the property to their specifications while benefiting from Bed-Stuy's rental market.

    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 $180.5k $51.00
    − Vacancy −$3.4k −$0.97
    EGI $177.1k $50.03
    − OpEx −$53.1k −$15.01
    NOI $124.0k $35.02
    3,540 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.77M
    $1.55M – $2.07M (±1% cap)
    NOI $123,977 @ 7.0% cap · market cap 7.77%
    Second Best
    Apartment 5plus
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $108,073 @ 7.0% cap · market cap 6.78%
    Theoretical Best
    Specialty Retail
    $2.93M
    $2.56M – $3.42M (±1% cap)
    NOI $205,178 @ 7.0% cap · market cap 12.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9275
    Latitude
    40.6912

    FAQs

    What type of property is this?
    Triplex - Three-unit brownstone in Bedford-Stuyvesant with income potential.
    Where is this triplex located?
    The property is located at Withheld Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: 3‑family brownstone on a masonry 4‑story structure built in 1899; Unit layout includes a garden‑level 2‑bedroom duplex plus two upper‑level 2‑bedroom apartments; Original features include moldings and fireplaces (plus a blank‑canvas interior needing TLC)
    More about this property
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