Address Withheld By Seller, Brooklyn, NY 11233

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Address Withheld By Seller,Brooklyn, NY 11233
$5,175,000
  • 20 Beds
  • 16 Baths
  • 16,020 sq. ft.
  • Multi-family
  • Active
Listed by: israel landau
Office: exp realty bkny
MLS#:497842
Source:BROOKLYN

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Price summary

  • Price:$5,175,000
  • Price per sq. ft.:$323.03

About this home

Exceptional 16-unit multifamily building featuring a balanced mix of 14 free-market and 2 rent-stabilized apartments. The property offers strong current income and significant upside potential through 12 fully renovated, large-format free-market units. Highlights 16 Total Units 14 Free-Market Apartments – large, renovated 3–4 bedroom layouts 2 Rent-Stabilized Apartments – providing steady, long-term cash flow All units have individual heating systems (tenants pay for heat) Air conditioning in every unit Low operating expenses due to tenant-paid utilities High demand for large family-sized apartments in the area Investment Summary This asset offers investors a rare combination of stability and growth. The 14 free-market units were historically deregulated prior to 2019 through legal pathways such as Individual Apartment Improvements and high-rent vacancy decontrol. Under current law, these apartments are permanently free-market, allowing rents to adjust

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Home facts

  • Year built:1910
  • Listing ID #:497842
  • Added:1 day(s) ago
  • Updated:December 11, 2025 at 11:03 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:16,020 sq. ft.

Heating and cooling

  • Heating:Electric, Hot Air

Structure and exterior

  • Roof:Flat
  • Year built:1910
  • Building area:16,020 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$5,175,000
  • Price per sq. ft.:$323.03
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