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Six-Unit Corner Multifamily Building
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199 Prospect Park SW, Brooklyn, NY 11218

Six-unit, three-story corner property with four two-bedroom units plus one one-bedroom and one open loft unit.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market123

Property Features for 199 Prospect Park SW

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype Multifamily
Zoning R6A

Additional Details

Multifamily Units 6

Building Details

Stories 3
Listing Agency: Coldwell Banker Commercial Reliable Real Estate
Listed By: Joseph Hamdan · License #NY
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:18PM

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 Coldwell Banker Commercial Reliable Real Estate

Investment Insights

Based on property information with market context.

This six-unit corner multifamily building is offered in excellent condition and arranged across three stories. The property sits on a 24.67 x 70 lot and is zoned R6A. Current unit mix includes four two-bedroom residential units, one one-bedroom unit, and one open loft unit.

The building is located in the Windsor Terrace section of Brooklyn, directly across the street from Prospect Park. Public transportation, roads, and shopping are listed as nearby, with Manhattan accessible within minutes.

With its current layout and residential unit mix, the property presents an income-oriented configuration within a small, residential Brooklyn neighborhood.

Key Highlights

  • Six‑unit, three‑story corner property at 199 Prospect Park SW in Brooklyn’s Windsor Terrace
  • Lot size 24.67 x 70 with R6A zoning
  • Four 2‑bedroom units, plus one 1‑bedroom unit and one open loft unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Skin Care 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,314
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
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 - Six-unit, three-story corner property with four two-bedroom units plus one one-bedroom and one open loft unit.
Where is this apartment building located?
The property is located at 199 Prospect Park SW Brooklyn, NY.
What are key features of this property?
This property features: Six‑unit, three‑story corner property at 199 Prospect Park SW in Brooklyn’s Windsor Terrace; Lot size 24.67 x 70 with R6A zoning; Four 2‑bedroom units, plus one 1‑bedroom unit and one open loft unit
More about this property
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