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Three-Building Apartment Property
For Sale
$6,000,000

159 Tehama 1239-1243 36th Street, Brooklyn, NY 11218

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.15 Acres
Days on Market256

Property Features for 159 Tehama 1239-1243 36th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Rooms Basement
Basement Full
Standard status Active
APN 05308-0001
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 67224

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1931
Number of units 28
Building materials Block
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Added: Dec 17, 2025 Changed: Aug 19 Last Checked: Aug 30 at 3:06PM
MLS# 945083

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This apartment property includes 28 units across three buildings constructed in 1931. The improvements feature block construction, central air, high ceilings, a full basement, all-new LED lighting, and 3-phase power. Public water and public sewer serve the property, which also includes 18 parking spaces.

The buildings occupy 0.1504 acres with 225 feet of wrap-around frontage along Tehama Street and 36th Street. The property is in Brooklyn’s Kensington area, between Fort Hamilton Parkway and Ocean Parkway, with Prospect Park Lake minutes away. R5 zoning supports the existing multifamily configuration and provides a defined framework for evaluating future property plans.

Key Highlights

  • 28‑unit apartment property spanning 3 buildings
  • 225 feet of wrap‑around frontage on Tehama Street and 36th Street
  • R5 zoning on a 0.1504‑acre property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Accounting Firm

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

28
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,759
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - R5-zoned property combines basement space, parking, and updated LED lighting.
Where is this apartment building located?
The property is located at 159 Tehama 1239-1243 36th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 28‑unit apartment property spanning 3 buildings; 225 feet of wrap‑around frontage on Tehama Street and 36th Street; R5 zoning on a 0.1504‑acre property
More about this property
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