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R5 Multifamily Income Portfolio

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

159 Tehama 1239-1243 36th Street, Brooklyn, NY, 11218
$6,000,000
For Sale
Claim this Listing
$6,000,000

MULTI_FAMILY - Brooklyn, NY

Lot Size0.15 Acres
AddedDec 17, 2025
Days on Market211
Last RefreshJul 16 at 11:06 am

Property Features for 159 Tehama 1239-1243 36th Street

General Information

Property type
Residential Multi Family
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 agent Richard Matt Shane License #10301216230

Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY

Listing date Dec 17, 2025

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 for-sale multifamily income portfolio includes three residential buildings: 159 Tehama Street and 1239 and 1243 36th Street. The 159 Tehama Street building is described as having 28 units, plus a full basement and 18 parking spaces, with all new LED lighting and 3-phase power noted in the remarks. Reported annual gross rental income for 159 Tehama Street is $253,424.04, with unit lease expirations ranging from 8/31/25 through 12/31/27.

The portfolio is listed with wrap-around frontage totaling 225 feet on Tehama Street and 36th Street. The property is described as located in Kensington, between Fort Hamilton Parkway and Ocean Parkway.

Reported total annual gross income across the three buildings is $464,448.60. Expenses are provided totaling $178,384.50 annually, resulting in reported annual net operating income (NOI) of $286,064.10. Zoning is listed as R5.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Accounting Firm Parking Lot & Garage Spa & Massage Center Nursing Home Nursing Home

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

FAQs

What type of property is this?
Apartment building - Three multifamily buildings in an R5 zone with total gross rental income reported at $464,448.60 annually.
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.
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