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Brooklyn Multifamily Investment Opportunity

2346 82nd Street Brooklyn, NY 11214

Claim this Listing
For Sale
$1,388,000

MULTI_FAMILY - Brooklyn, NY

Property size:
4,380 SF
Lot size:
0.05 Acres
Price / SF:
$316/SF
Added:
Aug 13, 2025
Days on Market:
334
Last Refresh:
Jul 12 at 3:06 am

Property Features for 2346 82nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
10
Bathrooms
6
Rooms
Bedroom 1, Bedroom 10, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 4, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 5
Interior features
Refrigerator, Stove
Basement
Unfinished
Standard status
Active
Size
4,380 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
18126

Building Details

Year built
1922
Floors in Building
3
Flooring type
Laminate, Tile, Hardwood
Building materials
Brick
Roof type
Flat

Listing agent Jason Zhou License #10301217017

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Aug 13, 2025

MLS# 495011 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 six-family brick building is located in a highly desirable neighborhood. It features four two-bedroom units and two one-bedroom units. The property is well-maintained and generates approximately $115,000 in annual income. There are two vacant apartments ready for immediate occupancy or rental. The property size is 4380 square feet and the lot size is 0.0459 acres. The zoning is R5. This property offers a rare investment opportunity with strong current and future income potential.

Key Highlights

  • Brick 6‑family building built in 1922
  • Unit mix includes 4 two‑bedroom units and 2 one‑bedroom units
  • Currently generates approximately $115,000 in annual income

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $202.4k $46.20
− Vacancy −$7.7k −$1.76
EGI $194.7k $44.44
− OpEx −$87.6k −$20.00
NOI $107.1k $24.44
4,380 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $107,067 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M (±1% cap)
NOI $178,855 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bed & Breakfast Storage Facility Nursing Home (Bike/Boat/Book/etc) Store Bar & Pub

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

FAQs

What type of property is this?
Apartment building - Six-family brick building in desirable neighborhood with income potential.
Where is this apartment building located?
The property is located at 2346 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Brick 6‑family building built in 1922; Unit mix includes 4 two‑bedroom units and 2 one‑bedroom units; Currently generates approximately $115,000 in annual income
Contact an agent
More about this property
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