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Six-Unit Multifamily Building
For Sale
$1,700,000

542 Bergen St, Brooklyn, NY 11217

Six separately metered three-bedroom, one-bath apartments in a maintained six-unit building with a full basement.

Property Size5,652 SF
Price / SF$300.78
Days on Market157

Property Features for 542 Bergen St

General Information

Standard status Active
Size 5,652 SF
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $13,152

Building Details

Building Size 5,652 SF
Year Built 1931
Units 6
Listing Agency: Stonegate RE LLC
Listed By: Anthony M. Ponte
Source: Elliman
Added: Mar 27 Changed: Aug 7 Last Checked: Aug 29 at 11:28AM

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 Stonegate RE LLC

Investment Insights

Based on property information with market context.

542 Bergen Street is a six-unit multifamily property configured with six three-bedroom, one-bath apartments. The building includes separate gas and electric metering for each unit. On the interior, there is a full basement with utilities, and the property is described as meticulously maintained.

Recent improvements include a newly replaced roof in 2023, along with a reliable boiler and hot water heater. The property also features a security camera system with eight cameras, and a spacious shared yard at the rear.

Set up for straightforward income generation, the building’s six residential units are supported by on-site utility infrastructure, with the separately metered arrangement intended to benefit both ownership and residents.

Key Highlights

  • 6‑unit multifamily building (built 1931) with six separate 3BR/1BA apartments
  • 5,652 SF building on a 25' x 131' lot
  • Separately metered gas and electric for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Building Supply Auto Parts Store Butcher

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

8,517
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six separately metered three-bedroom, one-bath apartments in a maintained six-unit building with a full basement.
Where is this apartment building located?
The property is located at 542 Bergen St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6‑unit multifamily building (built 1931) with six separate 3BR/1BA apartments; 5,652 SF building on a 25' x 131' lot; Separately metered gas and electric for each unit
More about this property
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