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    124 Tapscott St Brooklyn, NY 11212

    For Sale
    $1,599,999

    Walk-up, Multi-Unit (5+) - BROOKLYN, NY

    Days on Market:
    181
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 124 Tapscott St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    600
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    6
    Parking features
    Garage
    Basement Y/N
    1

    Utilities

    Heating system
    Baseboard, Natural Gas, Steam

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    3
    Flooring type
    Hardwood, Laminate, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Voro LLC (877) 943-8676

    Listing agent Ola Oyetunde (877) 943-8676

    Listing date Jun 10, 2025

    MLS# 11237593 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Multi-Unit Investment Opportunity

    This six-family brick building is located in the heart of Brownsville, Brooklyn, and presents a significant rental income opportunity. The property generates a yearly rental income of $140,930. The building features a partially finished basement that houses the boiler and mechanical room. The first, second, and third floors each contain two two-bedroom apartments. All apartments are currently occupied by paying tenants. The property is conveniently located within walking distance of an MTA train station, laundromats, supermarkets, restaurants, schools, and highways. The building is well-maintained and offers considerable potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.920513
    Latitude
    40.664785

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    FAQs

    What type of property is this?
    Apartment building - Six-family brick building in Brownsville with strong rental income.
    Where is this apartment building located?
    The property is located at 124 Tapscott St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,599,999.
    What are key features of this property?
    This property features: - High yearly rental income: $140,930; - Six-family brick building; - All apartments occupied with paying tenants
    (877) 943-8676
    Request Owner's contact information
    124 Tapscott St Brooklyn, NY 11212
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    Brooklyn, NY 11212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Tapscott St Brooklyn, NY 11212
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