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Three-Unit Multifamily Property
For Sale
$2,800,000

506 Avenue C, Brooklyn, NY 11218

Residential, Brooklyn, NY

Property Size2,078 SF
Lot Size0.07 Acres
Price / SF$1,347
Days on Market144

Property Features for 506 Avenue C

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bathrooms 6
Rooms Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6
Parking features Carport
Interior features A/C Unit - Window
Basement Full
Subdivision Kensington
Standard status Active
Size 2,078 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 10067

Building Details

Year built 1925
Floors in Building 3
Number of units 1
Flooring type Hardwood
Listing Agency: Keller Williams Realty Staten
Listed By: Valerie Vargas
Added: Apr 20 Changed: Sep 5 Last Checked: Sep 10 at 10:06PM
MLS# 500688

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 three-unit multifamily property contains 2,078 square feet across three apartments, with each apartment described as offering two bedrooms. Interior features include hardwood flooring and window A/C units, while the property also includes a carport. Built in 1925, the building is situated on a 0.0689-acre lot and carries R5 zoning.

The property is located at 506 Avenue C in Brooklyn, near local shops, restaurants, and transportation options. Its three-apartment configuration and residential zoning define the asset’s primary physical and land-use profile.

Key Highlights

  • Three apartments, each described as offering two bedrooms
  • 2,078 square feet on a 0.0689‑acre lot
  • R5 zoning

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,012
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Brooklyn multifamily property with three apartments, hardwood flooring, window A/C units, and a carport.
Where is this triplex located?
The property is located at 506 Avenue C Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Three apartments, each described as offering two bedrooms; 2,078 square feet on a 0.0689‑acre lot; R5 zoning
More about this property
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