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Five-Story Apartment Building
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856 Greene Ave, Brooklyn, NY 11221

New construction five-story walk-up with 10 apartments, in-unit washer/dryer, and a roof deck.

Days on Market110

Property Features for 856 Greene Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 10

Amenities

gym
outdoor space
furnished roof deck
in-unit washer dryer
high ceilings
stainless steel appliances
plenty of closets

Building Details

Stories 5
Tenancy Multi
Listing Agency: Schuckman Realty Inc.
Listed By: Baruch Edelkopf · License #NY 10301215481
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 23 at 2:34PM

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 Schuckman Realty Inc.

Investment Insights

Based on property information with market context.

856 Green Ave is a new construction, five-story walk-up apartment building with 10 large units. The apartments are described as having three to four bedrooms, each with its own bathroom. Interior features include in-unit washer/dryer, high ceilings, and kitchens with stainless steel appliances, along with ample closet space.

The property also includes a fully equipped gym, outdoor space, and a furnished roof deck. Public remarks note the building’s proximity to the Kosciuszko Street J train and the Utica Av A,C trains in Bedford-Stuyvesant, Brooklyn.

Additional information provided includes an assumable 6.2MM loan at a 5.15% interest-only rate, and taxes that are subject to a 15-year J51 with current abatement.

Key Highlights

  • New construction five‑story walk‑up apartment building with 10 apartments
  • 3–4 bedroom units with private bathrooms in each apartment
  • In‑unit washer/dryer, high ceilings, and ample closet space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Auto Parts 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

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,135
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
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 - New construction five-story walk-up with 10 apartments, in-unit washer/dryer, and a roof deck.
Where is this apartment building located?
The property is located at 856 Greene Ave Brooklyn, NY.
What are key features of this property?
This property features: New construction five‑story walk‑up apartment building with 10 apartments; 3–4 bedroom units with private bathrooms in each apartment; In‑unit washer/dryer, high ceilings, and ample closet space
(646) 893-5581 Call to check price and availability
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