Eight-Unit Apartment
567 Saint Johns Place 8 Brooklyn Ny, NY 11238
New
Eight 2-bedroom, 1-bath units in an apartment building with no retail store unit.
Property size:
5,720 SFPrice / SF:
$367/SF- Added:
- Jul 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 9 at 1:55 am
Property Features for 567 Saint Johns Place 8 Brooklyn
General Information
- Standard status
- Active
- Size
- 5,720 SF
Building Details
- Year Built
- 1909
Listing office RE/MAX Town & Country (845) 765-6128
Listing date Jul 8, 2026
Source Town-and-country-fishkill-ny.remax
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 RE/MAX Town & Country
Investment Insights
Based on property information with market context.
This eight-unit apartment building is classified as an 8-family property and contains units that are all configured as 2 bedrooms and 1 bathroom. The building is described as having no store unit, making it strictly residential in nature.
The property is conveniently located near public transportation.
Offered for sale as a residential income property, the building’s current unit mix is consistent across all apartments, each with the same two-bedroom, one-bath layout.
The property is conveniently located near public transportation.
Offered for sale as a residential income property, the building’s current unit mix is consistent across all apartments, each with the same two-bedroom, one-bath layout.
Key Highlights
- 4‑story apartment building built in 1909 with a full basement
- Eight units total: each apartment is a 2‑bedroom, 1‑bath layout
- No retail/store unit included—property has residential units only
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $342.5k | $59.88 |
| − Vacancy | −$17.1k | −$2.99 |
| EGI | $325.4k | $56.89 |
| − OpEx | −$146.4k | −$25.60 |
| NOI | $179.0k | $31.29 |
5,720 SF · lease $59.88/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.56M
$2.24M – $2.98M
NOI $178,963 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$14.24M
$12.46M – $16.61M
NOI $996,653 @ 7.0% cap · market cap 47.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight 2-bedroom, 1-bath units in an apartment building with no retail store unit.
Where is this apartment building located?
The property is located at 567 Saint Johns Place 8 Brooklyn Ny, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 4‑story apartment building built in 1909 with a full basement; Eight units total: each apartment is a 2‑bedroom, 1‑bath layout; No retail/store unit included—property has residential units only
