Multifamily Building with
For Sale
Contact for pricing
23 Park St, Brooklyn, NY 11206
Gut-renovated multifamily building offers four affordable studios and four two-bedroom units on a quiet street.
Property SizeContact for details
Days on Market126
Property Features for 23 Park St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
8
Building Details
Year Renovated
1995
Listing Agency:
Minotaur Management
Listed By:
Eli Davidovics · License #NY 10491209609
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 1:55PM
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 Minotaur Management
Investment Insights
Based on property information with market context.
This multifamily building was gut renovated in 1995 and is legally not subject to rent stabilization. The property consists of four small affordable studios and four two-bedroom apartments. The 2BR units are laid out with bedrooms on opposite ends of the apartments and are not railroad style. The entire building is free market, and the studios have consistently been in high demand, with the property operating at virtually zero vacancy. The current ownership has maintained the building for the past 30 years.
The building is located on a quiet street straddling the Bushwick and East Williamsburg neighborhoods. It is about three blocks from the JMZ trains at Flushing Ave.
As presented, the asset offers a straightforward income mix with studio and two-bedroom apartments, with unit configuration designed for privacy and functional separation between bedrooms in the 2BR layouts.
The building is located on a quiet street straddling the Bushwick and East Williamsburg neighborhoods. It is about three blocks from the JMZ trains at Flushing Ave.
As presented, the asset offers a straightforward income mix with studio and two-bedroom apartments, with unit configuration designed for privacy and functional separation between bedrooms in the 2BR layouts.
Key Highlights
- Gut‑renovated multifamily building featuring 4 studios and 4 two‑bedroom apartments
- Entire building is free market and legally not subject to rent stabilization
- Unit mix includes 4 studios plus 4 non‑railroad 2BR apartments, each bedroom on opposite ends
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
6,355
Businesses Nearby
Explore this area
Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Gut-renovated multifamily building offers four affordable studios and four two-bedroom units on a quiet street.
Where is this multifamily property located?
The property is located at 23 Park St Brooklyn, NY.
What are key features of this property?
This property features: Gut‑renovated multifamily building featuring 4 studios and 4 two‑bedroom apartments; Entire building is free market and legally not subject to rent stabilization; Unit mix includes 4 studios plus 4 non‑railroad 2BR apartments, each bedroom on opposite ends
