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    1243 Willoughby Ave Brooklyn, NY 11237

    Sponsored
    For Sale
    Pending
    $799,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.06 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1243 Willoughby Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement
    APN
    03199-0057
    Basement
    Unfinished, Full
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1931
    Number of units
    6
    Building materials
    Brick

    Trademarko Realty Inc. (347) 647-6397 [email protected]

    Listing agent Marek Sobolewski

    Listing date Dec 16, 2025

    Copyright © 2025 OneKey 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 Multifamily Investment Opportunity

    This is a six-family property located in the Bushwick neighborhood of Brooklyn, New York. The property is situated near Maria Hernandez Park and the Jefferson Street L train station. It features six railroad-style, rent-stabilized apartments, all with classic layouts and in good overall condition. The property also includes an unfinished basement with access to the backyard. The lot size is 0.0574 acres. The property is located close to local restaurants, boutiques, trendy bars, cafes, and galleries. It is suitable for investors seeking stable cash flow or 1031 exchange buyers.
    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 Nail Salon Clothing Store 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
    -73.922818
    Latitude
    40.704563

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in vibrant Bushwick, Brooklyn near Maria Hernandez Park.
    Where is this apartment building located?
    The property is located at 1243 Willoughby Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - 6-family property in the rapidly developing Bushwick neighborhood.; - Proximity to Maria Hernandez Park and the Jefferson Street L train station.; - Stable income potential from 6 rent-stabilized apartments.
    (718) 502-5141
    Request Owner's contact information
    1243 Willoughby Ave Brooklyn, NY 11237
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    Brooklyn, NY 11237
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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
    1243 Willoughby Ave Brooklyn, NY 11237
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