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    1641 Broadway Brooklyn, NY 11207

    Sponsored
    For Sale
    $2,525,000

    6 Free Market Apartments & 1 Store For Sale

    Property size:
    6,900 SF

    Description

    Added:
    May 7, 2025
    Days on Market:
    252
    Marcus & Millichap is pleased to present the exclusive listing for the property located at
    1641 Broadway in the Bushwick section of Brooklyn, NY.
    Property Details:
    • Stories: 4 + Finished Basement
    • Dimensions: 25 feet wide along Broadway & 69 feet deep
    • Block: 03414; Lot: 0002
    • Square Footage: Approximately 6,900 square feet
    • Tax Class: 2A (Protected Tax Class)
    • Amenities: Shared Washer/Dryer

    Property Features for 1641 Broadway

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,900 SF
    Price / Square Foot
    $365
    Elevators
    N/A
    Net Rentable
    6,900 SF
    Occupancy
    100%

    Building Details

    Units
    7

    HighLights

    • 6 Free Market Apartments & 1 Store Over 16 Year History W/ Retail Tenant 6,900 SF | Turn Key | Renovated Cash Flowing Laundry Room Strong Foot Traffic Walking Distance to Multiple Transit Options
    Location Intelligence

    Current Use by Public Records

    Moe Sports Shoe Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    State
    New York
    Longitude
    -73.9001042
    Latitude
    40.6771128

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    FAQs

    What type of property is this?
    Multifamily property - 6 Free Market Apartments & 1 Store For Sale
    Where is this multifamily property located?
    The property is located at 1641 Broadway Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,525,000.
    What are key features of this property?
    This property features: 6 Free Market Apartments & 1 Store Over 16 Year History W/ Retail Tenant 6,900 SF | Turn Key | Renovated Cash Flowing Laundry Room Strong Foot Traffic Walking Distance to Multiple Transit Options
    (646) 805-1471
    Request Owner's contact information
    1641 Broadway Brooklyn, NY 11207
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    Brooklyn, NY 11207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1641 Broadway Brooklyn, NY 11207
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