Multifamily Property for Sale in Brooklyn, NY

  • Price: $1.5M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11208
  • Size: 2,550 SF

Description

Located in the heart of City Line, an urban community rich with history and cultural diversity, this 6-unit building is a prime investment opportunity! City Line is on the verge of gentrification, making it the perfect time to invest in this vibrant area that seamlessly blends business and residential living. This building offers: • Apt 1: 2 bedrooms, 1 full bath, eat-in kitchen, living room • Apt 2: 2 bedrooms, 1 full bath, eat-in kitchen, living room • Apt 3: 3 bedrooms, 1 full bath, eat-in kitchen, living room • Apt 4: 2 bedrooms, 1 full bath, eat-in kitchen, living room • Apt 5: 3 bedrooms, 1 full bath, eat-in kitchen, living room • Apt 6: 2 bedrooms, 1 full bath, eat-in kitchen, living room Conveniently close to public transportation, shopping, and major highways, this property offers easy access to everything the city has to offer. Whether you’re looking for a long-term investment or a property with rental potential, this building is a fantastic opportunity to grow in a thriving community. Don’t miss out on this gem in a neighborhood on the rise! Building SF: 2550 | Listing Type: FOR SALE

Market Context

This multifamily in Brooklyn, NY is listed for sale at $1,455,000 across 2,550 SF. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Brooklyn, NY — <a href="/search/sale/multifamily/new-york/brooklyn">view the full market</a>.

As of Q1 2025, the New York City Area multifamily market showed a 4.8% vacancy rate, and rents up 6.3% year over year. Source: CBRE Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the New York City Area multifamily market tightening or softening?
Vacancy is around 4.8%, with asking rents rising year over year (Q1 2025).

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