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R5 Zoned 24-Unit Apartment Building

75 Grant Avenue Brooklyn, NY 11208

75 Grant Avenue, Brooklyn, NY, 11208
$2,999,000
For Sale
Claim this Listing
$2,999,000

MULTI_FAMILY - Brooklyn, NY

Lot Size0.14 Acres
AddedOct 28, 2025
Days on Market262
Last RefreshJul 16 at 11:06 am

Property Features for 75 Grant Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Parking
6
Parking features
Open
Standard status
Active
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
87075

Utilities

Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Multi Units
Water source
Public

Building Details

Year built
1930
Floors in Building
5
Number of units
24
Building materials
Brick, Frame

Listing agent Richard Matt Shane License #10301216230

Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY

Listing date Oct 28, 2025

MLS# 929965

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This 24-unit apartment building is offered for sale in Brooklyn under R5 zoning and includes 6 parking spaces. The unit mix consists of four 2-bedroom apartments, sixteen 1-bedroom apartments, and four large studio apartments. Reported building attributes include high 8' ceilings, 3-phase power, central air conditioning (CAC), and recently installed LED lighting.

The property has approximately 60 feet of frontage on Grant Avenue. Public remarks also note the building’s visibility and nearby neighborhood retail and services, with proximity described as just off Jamaica Ave., about 2 blocks from Rockaway Blvd., and minutes from Woodhaven Blvd.

Income and expense figures provided in the listing show annual operating expenses of $133,328 and pro forma gross income of $434,320.08, resulting in a stated pro forma NOI of $300,992.08 and a reported 9.71% cap rate.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

IRI DESIGN USA ... Textile Manufacturer

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Dental Office Cafe & Coffee Shop Skin Care Clinic Acupuncture Big Box & Wholesale Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 24-unit apartment building with 6 parking spaces and R5 zoning in Brooklyn, offering a mix of studios and 1- and 2-bedroom units.
Where is this apartment building located?
The property is located at 75 Grant Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
Contact an agent
More about this property
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