Brooklyn Multifamily Investment
For Sale
$859,000
109 Saint Nicholas Ave, Brooklyn, NY 11237
Six-unit apartment building in a developing Brooklyn neighborhood.
Property Size4,275 SF
Lot Size0.05 Acres
Days on Market268
Property Features for 109 Saint Nicholas Ave
General Information
Standard status
Active
Size
4,275 SF
Lot size
0.05 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,845
Building Details
Building Size
4,275 SF
Year Built
1931
Units
6
Listing Agency:
(347) 581-6161
Listed By:
Vincent O Connell
(347) 581-6161
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 22 at 9:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vincent O Connell
Investment Insights
Based on property information with market context.
This is a six-family apartment building located in a developing Brooklyn neighborhood. The property features six apartments, each containing four rooms, and all are described to be in good condition. One of the units is a duplex apartment. The apartments are rent stabilized, generating an annual rent roll of $80,520. Annual expenses include $12,236 in taxes, $6,000 for insurance, $5,000 for heating, and $1,000 for electricity.
Key Highlights
- Annual rent roll of $80,520.
- Six apartments, including one duplex.
- All apartments are rent stabilized.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building in a developing Brooklyn neighborhood.
Where is this apartment building located?
The property is located at 109 Saint Nicholas Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Annual rent roll of $80,520.; Six apartments, including one duplex.; All apartments are rent stabilized.
