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    283 Wyckoff Ave Brooklyn, NY 11237

    For Sale
    $2,600,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    4,208 SF
    Days on Market:
    82
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 283 Wyckoff Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    R6, C1-3
    Rooms
    Basement
    APN
    03329-0008
    Parking
    2
    Exterior features
    Corner Lot
    Basement Y/N
    1
    Size
    4,208 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1931
    Number of units
    5
    Building materials
    Frame
    Architectural style
    Other

    Century Homes Realty Group LLC (718) 886-6800 [email protected]

    Listing agent Luz S. Lopez (718) 886-6800 License #40LO1057784

    Listing date Sep 25, 2025

    MLS# 912883 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Multifamily and Retail Property

    Located at the corner of Wyckoff Avenue and Grove Street in Brooklyn, New York, this property features a mix of residential and commercial spaces. The property includes four free market residential units, one commercial unit, and two car garages. Situated two blocks from the M/L train at Myrtle Wyckoff Avenues, the location offers convenient access to public transportation. Each tenant is responsible for their own cooking gas, electricity, and heating. The property has a total size of 4208 square feet. The zoning is R6, C1-3. The property's total income is $217,000, with expenses of $40,000, resulting in a net operating income of $177,000. The cap rate is 6.81, and the taxes are $13,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holly Grove LLC Banquet Hall Agave Mexican Restaurant Rosita Ecuadorian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.912702
    Latitude
    40.700684

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    FAQs

    What type of property is this?
    Apartment building - Corner property with residential, commercial, and garage units near transit.
    Where is this apartment building located?
    The property is located at 283 Wyckoff Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $177,000; - Attractive Cap Rate of 6.81%; - Located two blocks from the M/L train at Myrtle Wyckoffs Avenue
    (718) 886-6800
    Request Owner's contact information
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    Brooklyn, NY 11237
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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
    283 Wyckoff Ave Brooklyn, NY 11237
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