Listing Agency: Matthews Show Phone

Listed By: DJ Johnston · License #NY 10401229409

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Jul 29 at 1:47PM

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Investment Insights

Based on property information with market context.

This is a 12-unit multifamily apartment building offered for sale. The property is structured as a residential income asset with all units contained within a single building.

Located at 367 Palmetto St in Brooklyn, NY 11237, the building provides investors and owner-occupants with a straightforward small-balance multifamily configuration.

The listing is specifically marketed as a 12-unit multifamily property, offering a compact footprint for those seeking residential income real estate.

Key Highlights

• 12‑unit multifamily property offered for sale

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Veterinary Clinic

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

12

Residential units

Location Intelligence

Trade Area within ½ mile

5,755

Businesses Nearby

Explore this area Business Placement

Demographics for 11237, NY

49,418

Population

18,801

Households

2.6

Avg Household Size

31

Median Age

41%

College-Educated

76%

High-School Grad

1.0 sq mi

ZIP Area

49,418

Density / Sq Mi

$82,570

Median Household Income

$43,421

Median Earnings

$2,109

Median Rent

$1,063,700

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 - Twelve-unit multifamily property offered for sale.

Where is this apartment building located?

The property is located at 367 Palmetto St Brooklyn, NY.

What are key features of this property?

This property features: 12‑unit multifamily property offered for sale