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Six-Family Apartment Building
For Sale
$990,000

1298 Sterling Place, Brooklyn, NY 11213

Occupied residential income property with living and dining areas, an eat-in kitchen, and basement space.

Property Size6,006 SF
Price / SF$164.84
Days on Market520

Property Features for 1298 Sterling Place

General Information

Standard status Active
Size 6,006 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,797

Building Details

Building Size 6,006 SF
Year Built 1907
Listing Agency: Tom Marco Real Estate
Listed By: Thomas Marcotrigiano
Source: Penrealty
Added: May 5, 2025 Changed: Oct 4 Last Checked: Oct 5 at 11:18PM

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 Tom Marco Real Estate

Investment Insights

Based on property information with market context.

Built in 1907, this six-family apartment building contains 24 rooms, including 18 bedrooms and 6 baths. The layout includes living and dining areas, an eat-in kitchen, and a basement. The property is occupied and will not be delivered vacant; interior access and inspection are unavailable, and the buyer will take the property subject to all violations.

Located at 1298 Sterling Pl in Brooklyn, the property records a walk score of 87, a bike score of 88, and a transit score of 100. Supermarket, subway, and shopping access are identified in the surrounding area.

Key Highlights

  • Six‑family apartment building with 24 rooms, 18 bedrooms, and 6 baths
  • Built in 1907
  • Living and dining areas, eat‑in kitchen, and basement

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

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

4,901
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Occupied residential income property with living and dining areas, an eat-in kitchen, and basement space.
Where is this apartment building located?
The property is located at 1298 Sterling Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Six‑family apartment building with 24 rooms, 18 bedrooms, and 6 baths; Built in 1907; Living and dining areas, eat‑in kitchen, and basement
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