782 Marcy Avenue
Market Price
782 Marcy Avenue, Brooklyn, NY 11216
For Sale
Residential
Active
Last Updated: 07/27/2026
4.6
Cap Rate
115,783.28
NOI
Details:
Cap Rate: 4.6%
NOI: $115,783.28
Building Size: 3,060 sqft
Lot Area: 1,700 sqft
Occupancy: 100%
Units: 4
Year Built: 2018
Price Per Sqft: $816
Price Per Unit: $833,333
Zoning: R6B (2.0)
Floors: 3
Seller Financing: No
Opportunity Zone: Yes
Highlights:
- The property is a prime investment opportunity, after the 421A tax abatements expires the units become free market. The 340 square feet of air rights can be added to the top floor to create a duplex four bedroom apartment. The property is also a great user opportunity, a user can create a duplex apartment with the basement and first floor apartment. The upper apartments can be rented for income.
Description:
A 20’ wide three unit, three story newly built building. The property was built ten years ago, the first floor is a two-bedroom floor-through apartment. The second floor is a three-bedroom, floor-through apartment and the third floor is also a three bedroom, floor-through apartment. The basement also has a below grade one-bedroom basement unit. All the units are individually metered for gas and electric, they have their own gas boilers and water heaters in the apartments. The units also have their own washer and dryers. The hallways and stairs are nicely carpeted, and well kept.
Documents:
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Setup_For_782_Marcy_Avenue._Brooklyn__NY._1.pdf
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Location
Gallery