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38-Unit Apartment Building
For Sale
Contact for pricing
Pending

374 Eastern Pkwy, Brooklyn, NY 11225

38-unit multifamily building with two independent lines, two elevators, and updated electric and water meters.

Property Size36,000 SF
Days on Market117

Property Features for 374 Eastern Pkwy

General Information

Standard status Pending
Size 36,000 SF
Property subtype Multifamily

Additional Details

Multifamily Units 38
Listing Agency: Matthews
Listed By: DJ Johnston · License #NY 10401229409
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 5 at 1:17PM

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 Matthews

Investment Insights

Based on property information with market context.

374 Eastern Parkway is a 38-unit apartment building with charming original details and large unit layouts. The property has 100 feet of frontage on Eastern Parkway and includes two large internal air shafts designed to support substantial natural light and window counts throughout the building.

The building is approximately 36,000 square feet and is serviced by two elevators and two stairwells. The rear and front lines operate independently while sharing a large lobby featuring original stone and tile work. A full basement with high ceilings provides additional space for amenities such as laundry, gym, office, and storage.

Recent improvements include a resurfaced roof. The electric and water meters have been fully updated, and the oil boiler has been maintained for high efficiency operation.

Key Highlights

  • 38‑unit multifamily building with two elevators and two stairwells
  • 100' frontage on Eastern Parkway with two internal air shafts for substantial light and air
  • Approx. 36,000 SF building; unit sizes range from 600 to over 1,000 SF

Property Analytics

Current Use

Sharqi Prints (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Nursing Home 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

38
Residential units

Location Intelligence

Trade Area within ½ mile

4,474
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
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 - 38-unit multifamily building with two independent lines, two elevators, and updated electric and water meters.
Where is this apartment building located?
The property is located at 374 Eastern Pkwy Brooklyn, NY.
What are key features of this property?
This property features: 38‑unit multifamily building with two elevators and two stairwells; 100' frontage on Eastern Parkway with two internal air shafts for substantial light and air; Approx. 36,000 SF building; unit sizes range from 600 to over 1,000 SF
More about this property
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