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Five-Unit Multifamily in Carroll Gardens

19 Carroll St, Brooklyn, NY 11231

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For Sale

$2,400,000

Fully leased, income-producing multifamily building in a desirable location.

Type:Multi Family

Property size:

4,440 SF

Lot size:

0.06 Acres

Price / SF:

$540/SF

HighLights

Fully‑leased, income‑producing 5‑unit multifamily building.
Prime location in the sought‑after Carroll Gardens / Columbia Waterfront area.
Ground floor one‑bedroom unit with private access and a gigantic private garden.
Recently renovated ground floor unit.
Contextually zoned, historically low‑rise neighborhood, ensuring value preservation.
Turnkey asset offering stable rental income.

We can help!

Contact an agent

Ehud Eliasi

For Sale

$2,400,000

Fully leased, income-producing multifamily building in a desirable location.

Type:Multi Family

Property size:

4,440 SF

Lot size:

0.06 Acres

Price / SF:

$540/SF

Added:: Mar 31, 2026
Days on Market:: 100
Last Refresh:: Jul 3 at 1:12 am

Property Features for 19 Carroll St

General Information

Standard status: Active
Size: 4,440 SF
Lot size: 0.06 Acres
Property subtype: Multi Family

Building Details

Year Built: 1900

We can help!

Contact an agent

Ehud Eliasi

Listing office

Listing date Mar 31, 2026

Source Elliman

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 Ehud Eliasi

HighLights

Fully‑leased, income‑producing 5‑unit multifamily building.
Prime location in the sought‑after Carroll Gardens / Columbia Waterfront area.
Ground floor one‑bedroom unit with private access and a gigantic private garden.
Recently renovated ground floor unit.
Contextually zoned, historically low‑rise neighborhood, ensuring value preservation.
Turnkey asset offering stable rental income.

Overview

This is a fully-leased, income-producing 5-unit multifamily building, situated in the Carroll Gardens / Columbia Waterfront area. The building, with approximately 4,440 square feet, offers stable rental income. The ground floor features a large one-bedroom with private access and a gigantic private garden. This unit has been recently renovated. The second and third floors each contain two apartments. The surrounding area was rezoned in 2009 to preserve the district’s character. Recent rezoning moves in the nearby Columbia Waterfront underscore growing demand for responsibly scaled residential properties. This building is suitable as a cash-flowing investment or a long-term hold with value preservation.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$251.5k	$56.64
− Vacancy	−$5.0k	−$1.13
EGI	$246.5k	$55.51
− OpEx	−$110.9k	−$24.98
NOI	$135.5k	$30.53

4,440 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.94M

$1.69M – $2.26M (±1% cap)

NOI $135,549 @ 7.0% cap · market cap 5.65%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$3.68M

$3.22M – $4.29M (±1% cap)

NOI $257,342 @ 7.0% cap · market cap 10.72%

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

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -74.00514
Latitude: 40.683679

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For sale
Apartment buildings
NY
Brooklyn
11231
19 Carroll St

What type of property is this?

Apartment building - Fully leased, income-producing multifamily building in a desirable location.

Where is this apartment building located?

The property is located at 19 Carroll St Brooklyn, NY.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Fully‑leased, income‑producing 5‑unit multifamily building.; Prime location in the sought‑after Carroll Gardens / Columbia Waterfront area.; Ground floor one‑bedroom unit with private access and a gigantic private garden.