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Three-Unit Multifamily Investment
For Sale
Contact for pricing
Pending

585 Vanderbilt Ave, Brooklyn, NY 11238

Well-suited 3-unit multifamily property located in Prospect Heights, Brooklyn.

Property SizeContact for details
Days on Market125

Property Features for 585 Vanderbilt Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Andrew Bronsteen · License #NY10401314581
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 12 at 8:58AM

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.

Exclusive offering: 585 Vanderbilt Ave, a 3-unit multifamily property in Brooklyn’s Prospect Heights neighborhood.

This residential income property provides three separate units within a single building, offering investors and owner-occupants a straightforward multi-unit setup.

The property is presented as a triplex-style multifamily asset, making it a practical option for those seeking small-balance exposure in a well-established Brooklyn location.

Key Highlights

  • 585 Vanderbilt Ave is a 3‑unit multifamily property.
  • Located in the Prospect Heights neighborhood of Brooklyn.
  • Listed for $2,350,000.

Property Analytics

Current Use

Stop 2 Organic ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home Building Supply (Bike/Boat/Book/etc) Store Carpet & Flooring 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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,140
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Well-suited 3-unit multifamily property located in Prospect Heights, Brooklyn.
Where is this triplex located?
The property is located at 585 Vanderbilt Ave Brooklyn, NY.
What are key features of this property?
This property features: 585 Vanderbilt Ave is a 3‑unit multifamily property.; Located in the Prospect Heights neighborhood of Brooklyn.; Listed for $2,350,000.
More about this property
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