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Eight-Unit Apartment Building
For Sale
$2,100,000
Pending

889 Saint Marks Avenue, Brooklyn, NY 11213

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.08 Acres
Days on Market231

Property Features for 889 Saint Marks Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Rooms Basement
Parking features On Street
Basement Full
Standard status Pending
APN 01222-0056
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 22436

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Steam
Water source Public

Building Details

Year built 1905
Number of units 8
Building materials Block, Brick
Listing Agency: Urban Vue Properties Inc
Listed By: Everett B. Perry
Added: Jan 5 Changed: Aug 20 Last Checked: Aug 24 at 9:06PM
MLS# 948013

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.

Located at 889 Saint Marks Avenue in Brooklyn, this eight-unit apartment building dates to 1905 and requires comprehensive renovation. The current occupancy profile includes seven vacant apartments and one unit leased month-to-month, providing a clearly defined repositioning scope for the property.

The building sits on a 0.0761-acre lot and is zoned R6. Block and brick construction, a basement, hot water and steam heating, natural gas availability, public water, and public sewer are reported. Parking is available on the street.

Key Highlights

  • Eight‑unit apartment building constructed in 1905
  • Seven vacant units plus one month‑to‑month occupied unit
  • Comprehensive renovation required

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Skin Care Clinic Nursing Home

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

6,055
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
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 - Seven apartments are vacant, while one unit is occupied under a month-to-month arrangement.
Where is this apartment building located?
The property is located at 889 Saint Marks Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Eight‑unit apartment building constructed in 1905; Seven vacant units plus one month‑to‑month occupied unit; Comprehensive renovation required
More about this property
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