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    273 62Nd St Brooklyn, NY 11220

    For Sale
    $1,230,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Lot size:
    0.05 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 273 62Nd St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Jadestone Development Realty (718) 676-6606

    Listing agent Lai King (Jackie) Li (718) 676-6606

    Listing date Nov 18, 2025

    MLS# 497093 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Multifamily Investment Opportunity

    Located in Sunset Park, Brooklyn, this three-story brick building features six apartments. The property is situated between 3rd Avenue and 62nd Street, offering convenient access to 8th Avenue, public transportation, subway stations, and Staten Island. The lot measures 20 x 100 feet, while the building itself occupies a substantial 20 x 74-foot area. The building includes a finished basement. The gross annual income exceeds $79,000, with a NOI of 4.7%. This property presents a potential opportunity for long-term value appreciation and income generation due to the strong demand in the area.
    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 Clothing Store Nail Salon 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
    -74.022005
    Latitude
    40.64143

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    FAQs

    What type of property is this?
    Apartment building - Six-family brick building in Sunset Park, Brooklyn.
    Where is this apartment building located?
    The property is located at 273 62Nd St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,230,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity in Sunset Park, Brooklyn.; - Six-family brick building with six apartments.; - Gross annual income is more than $79,000 with a 4.7% NOI.
    (718) 676-6606
    Request Owner's contact information
    273 62Nd St Brooklyn, NY 11220
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    Brooklyn, NY 11220
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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
    273 62Nd St Brooklyn, NY 11220
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