Multifamily Building with 13
For Sale
Contact for pricing
Pending
198 Buffalo Ave, Brooklyn, NY 11213
Multifamily building with 13 existing units on a 50-foot by 100-foot lot; units need renovation.
Property Size8,800 SF
Lot Size0.11 Acres
Days on Market112
Property Features for 198 Buffalo Ave
General Information
Standard status
Pending
Size
8,800 SF
Lot size
0.11 Acres
Property subtype
Multifamily
Zoning
R6
Additional Details
Multifamily Units
13
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-6154
Listed By:
Willie Jalboukh · License #NY 10301218139
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 31 at 11:00AM
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 multifamily building includes 13 existing apartment units configured as 11 one-bedroom and 2 two-bedroom. The units require renovation. The property is built on a 50-foot by 100-foot lot and contains 8,800 square feet.
The site is zoned R6 and provides just over 3,500 square feet of available air rights. The property also has 50 feet of frontage.
Located at 198 Buffalo Ave, Brooklyn, NY, the opportunity is positioned as an investment that supports redevelopment considerations within the stated zoning and air-rights parameters.
The site is zoned R6 and provides just over 3,500 square feet of available air rights. The property also has 50 feet of frontage.
Located at 198 Buffalo Ave, Brooklyn, NY, the opportunity is positioned as an investment that supports redevelopment considerations within the stated zoning and air-rights parameters.
Key Highlights
- Multifamily building at 198 Buffalo Ave, Brooklyn, NY 11213, with 13 existing units
- 8,800 SF property on a 50‑foot by 100‑foot lot (Block 1368 & Lot 51)
- Unit mix includes (11) one‑bedroom and (2) two‑bedroom units
Property Analytics
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
3,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily building with 13 existing units on a 50-foot by 100-foot lot; units need renovation.
Where is this apartment building located?
The property is located at 198 Buffalo Ave Brooklyn, NY.
What are key features of this property?
This property features: Multifamily building at 198 Buffalo Ave, Brooklyn, NY 11213, with 13 existing units; 8,800 SF property on a 50‑foot by 100‑foot lot (Block 1368 & Lot 51); Unit mix includes (11) one‑bedroom and (2) two‑bedroom units