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Historic 10-Unit Apartment Building
For Sale
Contact for pricing
Pending

316 Clinton Avenue, Brooklyn, NY 11205

Historic 10-unit building with studio and multi-bedroom layouts, plus a basement storage area and spacious backyard.

Property Size6,786 SF
Days on Market124

Property Features for 316 Clinton Avenue

General Information

Standard status Pending
Size 6,786 SF
Property subtype Special Purpose, Multifamily

Additional Details

Multifamily Units 10

Building Details

Year Built 1884
Listing Agency: MYNY Commercial
Listed By: Joseph Giordano · License #NY10491207694
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 10 at 9:14AM

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 MYNY Commercial

Investment Insights

Based on property information with market context.

Well-preserved historic apartment building originally designed and built in 1884, offering a total of 10 units. The building includes 8 studio apartments, one 1-bedroom unit, a ground floor with 2.5 bedrooms, and a basement described as clean storage space. Interior features mentioned include an impeccably kept mahogany staircase and a grand foyer with stained glass and restored sunlit units.

The property is located at 316 Clinton Avenue in the Clinton Hill Historic District, on a wide tree-lined street. The public remarks note proximity to Barclays Center, Brooklyn Academy of Music, Saint Joseph’s College, and public transportation.

For planning and conversion considerations, the basement is described as having clean space for storage with opportunity for development of additional livable space, and the property also includes a spacious backyard. The overall configuration supports a range of owner-occupant or income-focused strategies, including 1031 Exchange interest as noted in the public remarks.

Key Highlights

  • 10‑unit building at 316 Clinton Avenue, located within the Clinton Hill Historic District
  • 6,786 SF building on the lot with 8 studio apartments and a 1‑bedroom unit
  • Ground floor includes 2.5 bedrooms, plus a basement with clean storage space

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Nursing Home Pet Grooming Service Auto Parts Store Tanning Salon Home Appliance Store

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

6,710
Businesses Nearby

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
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 - Historic 10-unit building with studio and multi-bedroom layouts, plus a basement storage area and spacious backyard.
Where is this apartment building located?
The property is located at 316 Clinton Avenue Brooklyn, NY.
What are key features of this property?
This property features: 10‑unit building at 316 Clinton Avenue, located within the Clinton Hill Historic District; 6,786 SF building on the lot with 8 studio apartments and a 1‑bedroom unit; Ground floor includes 2.5 bedrooms, plus a basement with clean storage space
(917) 650-2647 Call to check price and availability
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