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    3520 Newkirk Ave Brooklyn, NY 11203

    For Sale
    $2,200,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    18,936 SF
    Days on Market:
    38
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 3520 Newkirk Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    04969-0043
    Exterior features
    Stone/Brick Wall
    Fencing
    Brick
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    18,936 SF

    Utilities

    Heating system
    Natural Gas, Radiant

    Building Details

    Year built
    1931
    Number of units
    24
    Building materials
    Brick
    Architectural style
    Other

    Coldwell Banker American Homes (866) 664-0347 [email protected]

    Listing agent Nicole J. Myrie (866) 664-0347 License #10401325140

    Listing date Oct 31, 2025

    MLS# 807454 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 Investment Opportunity

    This is a solid investment opportunity in Brooklyn. The property is a well-maintained, four-story walk-up building with 24 units, currently 100% occupied and rent-stabilized. The building consists of one-bedroom units, offering two distinctive styles. The hallways and common areas are pristine. All doors have been replaced and upgraded. The building features dual heating and is fully operational on gas. DHCR setup is available for review. The building has a total living area of 18936 square feet.
    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
    -73.942938
    Latitude
    40.640175

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully occupied 24-unit building in Brooklyn.
    Where is this apartment building located?
    The property is located at 3520 Newkirk Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - 100% Occupied and Rent Stabilized: Provides immediate and consistent income.; - 24 Units in Well-Maintained Building: Substantial investment with low maintenance.; - Dual Gas Heating System: Ensures reliable and cost-effective heating.
    (866) 664-0347
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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
    3520 Newkirk Ave Brooklyn, NY 11203
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