778-780 Livonia Avenue Brooklyn, NY 11207
- Added:
- Mar 2, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 26 at 1:06 am
Property Features for 778-780 Livonia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 16
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 11,044 SF
Taxes and HOA fees
- Tax Annual Amount
- 489
Building Details
- Year built
- 2016
- Year renovated
- 2016
- Floors in Building
- 4
- Architectural style
- Other
Listing agent Maha Alaoui (516) 713-7161
Listing office Landair Property Advisors, LLC 224 W 30th Street, New York, NY (646) 559-4700
Listing date Mar 2, 2026
MLS# 11665200
Listing URL
Copyright © 2026 My State 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 Buildings For Sale
Located in East New York, Brooklyn, 778-780 Livonia Avenue features two fully occupied 8-unit multifamily buildings. Constructed in 2016, the property is situated one minute from the Van Siclen Avenue (3 Train). The property consists of 14 one-bedroom apartments and 2 studios featuring modern layouts and efficient construction. Tenants are responsible for their own heat, contributing to a controlled expense profile. The buildings are fully rent stabilized and benefit from a 421a tax abatement through 2031, while also being protected under Tax Class 2B. Annual taxes are $489. With a current NOI of $300,263, the property offers a stabilized, post-2008 construction asset delivering durable income, minimal near-term capital exposure, and long-term tax certainty in a transit-oriented Brooklyn location. The property size is 11,044 square feet and the lot size is 0 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.888129
- Latitude
- 40.665444
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two fully occupied multifamily buildings in East New York, Brooklyn.
Where is this apartment building located?
The property is located at 778-780 Livonia Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: High 8.1% Cap Rate and Strong Cash Flow: Current NOI of $300,263, offered at $3,700,000.; Benefit from a 421a tax abatement through 2031 and Tax Class 2B protection, resulting in exceptionally low annual taxes of just $489.; New Construction: Built in 2016, the property offers modern layouts and efficient construction.
