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Renovated Five-Family Brownstone
For Sale
$2,450,000

135 Decatur Street, Brooklyn, NY 11216

COMMERCIAL - Brooklyn, NY

Property SizeContact for details
Days on Market209

Property Features for 135 Decatur Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Stuyvesant Heights
Standard status Active

Taxes and HOA fees

Tax Annual Amount 9510

Utilities

Heating system Steam

Building Details

Year built 1899
Flooring type Hardwood
Building materials Masonite
Listing Agency: TWELVE STONES REALTY
Listed By: Avraham Birnbaum
Added: Jan 12 Changed: Aug 4 Last Checked: Aug 9 at 9:06AM
MLS# 11630323

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 135 Decatur Street in Brooklyn, this five-family brownstone was rebuilt through a comprehensive gut renovation. The property includes a duplex occupying the parlor level and finished basement, with a five-bedroom residential layout. The second and third floors each contain two one-bedroom apartments, creating a clear five-unit configuration.

Renovation work addressed the mechanical systems, building infrastructure, and interior finishes. Apartments feature updated kitchens and bathrooms, while hardwood flooring and steam heat are documented throughout the property. Built in 1899, the building pairs its historic brownstone form with substantially modernized interiors and systems. The property is reported at approximately a 7% cap rate.

Key Highlights

  • Five‑family brownstone at 135 Decatur Street, Brooklyn, NY 11216
  • Gut renovation addressed mechanical systems, infrastructure, and interior build‑outs
  • Parlor‑level and finished‑basement duplex configured with 5 bedrooms

Property Analytics

Current Use

3Points Counseling Crisis Center

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4,310
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Gut-renovated apartment building combining a five-bedroom duplex with four one-bedroom residences.
Where is this apartment building located?
The property is located at 135 Decatur Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Five‑family brownstone at 135 Decatur Street, Brooklyn, NY 11216; Gut renovation addressed mechanical systems, infrastructure, and interior build‑outs; Parlor‑level and finished‑basement duplex configured with 5 bedrooms
More about this property
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