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16-Unit Apartment Building
For Sale
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1111 Lafayette Avenue, Brooklyn, NY 11221

Fully rent-stabilized walk-up with one-bedroom residences and proximity to J, Z, and M train service.

Property SizeContact for details
Days on Market13

Property Features for 1111 Lafayette Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 16 x 1BR
Multifamily Units 16

Additional Details

Public Transit Yes
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Matthew Peters · License #NY 10401271961
Source: Crexi
Added: Sep 1 Changed: Sep 6 Last Checked: Sep 13 at 5:12AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

This 16-unit apartment building is a fully rent-stabilized walk-up with a consistent layout of one-bedroom residences. The property is located at 1111 Lafayette Avenue in Brooklyn, NY 11221, with the building’s current rent roll reflected in the existing stabilization status.

The basement offers potential for retail or storage use, providing an additional area for future activation. The property is approximately three minutes from the J, Z, and M trains at Kosciuszko Street, connecting the building to the surrounding Bushwick area and broader Brooklyn transit network.

Key Highlights

  • 16‑unit fully rent‑stabilized multifamily walk‑up
  • Sixteen identical one‑bedroom units
  • Basement offers potential retail or storage use

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Auto Parts Store Carpet & Flooring Store

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

4,584
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rent-stabilized walk-up with one-bedroom residences and proximity to J, Z, and M train service.
Where is this apartment building located?
The property is located at 1111 Lafayette Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 16‑unit fully rent‑stabilized multifamily walk‑up; Sixteen identical one‑bedroom units; Basement offers potential retail or storage use
More about this property
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