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6-Family Apartment Building
For Sale
Contact for pricing
Pending

247 Senator St, Brooklyn, NY 11220

Fully occupied apartments carry rent-stabilized leases registered with the city.

Property SizeContact for details
Days on Market148

Property Features for 247 Senator St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Net Operating Income $69,568

Additional Details

Gross Income $99,720
Public Transit Yes
Multifamily Units 6

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty Empire
Listed By: Louis M Guida · License #NY # 10401294496
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 4 at 9:59AM

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 Keller Williams Realty Empire

Investment Insights

Based on property information with market context.

This 6-family apartment building offers fully occupied residential units with rent-stabilized leases registered with the city. The apartments are described as being in good condition, while the building’s heating system is modern and fully functional. Recent roof repairs were completed a few years ago, with no issues anticipated in the near term.

The property is situated in Bay Ridge near parks, schools, the R Train, and multiple MTA bus services. Its occupied unit base, regulated lease structure, functioning mechanical system, and recent roof work provide a clear overview of the building’s existing condition and operation.

Key Highlights

  • 6‑family apartment building
  • All units are currently occupied
  • Rent‑stabilized leases registered with the city

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Daycare Center Hotel & Motel

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,031
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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 - Fully occupied apartments carry rent-stabilized leases registered with the city.
Where is this apartment building located?
The property is located at 247 Senator St Brooklyn, NY.
What are key features of this property?
This property features: 6‑family apartment building; All units are currently occupied; Rent‑stabilized leases registered with the city
(718) 954-8400 Call to check price and availability
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