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Apartment Building with Eight Studios
For Sale
$1,550,000

288 New York Avenue, Brooklyn, NY 11216

MULTI_FAMILY - Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market105

Property Features for 288 New York Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 7, Bathroom 1, Bathroom 8, Bathroom 3, Bathroom 2, Bathroom 6, Bathroom 4, Bathroom 5
Interior features Central Air - Split
Subdivision Crown Heights
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 16738

Building Details

Floors in Building 3
Number of units 8
Flooring type Hardwood
Listing Agency: Revived Residential
Listed By: Austin Wong
Added: Apr 27 Changed: Aug 4 Last Checked: Aug 9 at 12:06PM
MLS# 500834

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.

288 New York Avenue is a pre-war apartment building featuring eight studio apartments. The property retains original details and high ceilings, with hardwood flooring throughout. Interior comfort includes split central air, and the units are described as being in good condition.

The building is positioned on a 0.0436-acre lot and is offered with R-5 zoning. The listing notes the absence of on-site washer/dryer and no doorman or concierge services.

This configuration—eight studio apartments within a classic, detail-rich building—can be suitable for buyers looking to own a small multifamily asset with straightforward unit layout and opportunities for updates to align with personal preferences.

Key Highlights

  • Eight studio apartments
  • Pre‑war building with original details and high ceilings
  • Hardwood floors throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Nursing Home Auto Parts Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

6,039
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Eight studio apartments in a pre-war building with hardwood floors and split central air, zoned R-5.
Where is this apartment building located?
The property is located at 288 New York Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Eight studio apartments; Pre‑war building with original details and high ceilings; Hardwood floors throughout
More about this property
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