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Bensonhurst 19-Unit Multifamily Building
For Sale
$4,900,000
Pending

2227 83rd St, Brooklyn, NY 11214

Rent-stabilized, high-income 19-unit building in excellent condition.

Property Size18,480 SF
Lot Size0.14 Acres
Days on Market261

Property Features for 2227 83rd St

General Information

Standard status Pending
Size 18,480 SF
Lot size 0.14 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $64,428

Building Details

Building Size 18,480 SF
Year Built 1931
Stories 4
Listing Agency: Stroffolino Realty LLC
Listed By: Linda Stroffolino · License #LS9038
Source: Elliman
Added: Dec 3, 2025 Changed: Aug 8 Last Checked: Aug 21 at 10:15AM

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 Stroffolino Realty LLC

Investment Insights

Based on property information with market context.

Located in Bensonhurst near Bay Parkway, this 19-family building presents an investment opportunity. The property is not subject to rent control, with all units rent-stabilized. The building is in excellent condition throughout and features a video intercom system and security cameras. The four-story walk-up building has a boiler that runs on straight gas. The property, measuring 60 x 100, comprises five two-bedroom units and fourteen one-bedroom units. It is situated near schools, shopping on 86th Street, the D train, and B6 buses. The property may be suitable for a 1031 exchange.

Key Highlights

  • High income producing 19‑family building.
  • No rent control; all units rent stabilized.
  • Seller financing available with 50% down at 5%, 10‑year balloon.

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,208
Businesses Nearby

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Rent-stabilized, high-income 19-unit building in excellent condition.
Where is this apartment building located?
The property is located at 2227 83rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: High income producing 19‑family building.; No rent control; all units rent stabilized.; Seller financing available with 50% down at 5%, 10‑year balloon.
More about this property
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