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Five-Unit Limestone Apartment Building
For Sale
Contact for pricing
Pending

186 New York Ave, Brooklyn, NY 11216

Vacant legal five-unit property with an owner duplex, four additional apartments, and preserved pre-war interior details.

Property SizeContact for details
Days on Market149

Property Features for 186 New York Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: HP Realty 1 LLC
Listed By: ahmad BAKHTARI · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 5 at 4:42PM

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 HP Realty 1 LLC

Investment Insights

Based on property information with market context.

Constructed in 1898, this four-story, 20-foot-wide semi-attached limestone townhouse is configured as a legal five-unit property and is currently fully vacant. The upper levels contain a 2,000-square-foot owner’s duplex with four bedrooms, 2.5 baths, and a private terrace. Two one-bedroom apartments, two studio apartments, a two-story rear extension, and a full basement complete the layout. Original details remain in many areas, including parquet floors, molding, wainscoting, built-in shelving, decorative fireplaces, bay windows, stained glass, and arched ceiling beams.

The building is at 186 New York Ave in Crown Heights, within an area of rowhouses and mansions. Nearby amenities include cafes, bakeries, restaurants, the Brooklyn Children’s Museum, Brooklyn Botanic Garden, Prospect Park, and the Brooklyn Museum. Subway service includes the 3, A, and C lines, with LIRR transportation also nearby.

Key Highlights

  • Legal 5‑unit property, currently fully vacant
  • 5,600 gross square feet across a four‑story townhouse and rear extension
  • 2,000‑square‑foot owner’s duplex with 4 br / 2.5 baths and a private terrace

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

6,726
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
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 - Vacant legal five-unit property with an owner duplex, four additional apartments, and preserved pre-war interior details.
Where is this apartment building located?
The property is located at 186 New York Ave Brooklyn, NY.
What are key features of this property?
This property features: Legal 5‑unit property, currently fully vacant; 5,600 gross square feet across a four‑story townhouse and rear extension; 2,000‑square‑foot owner’s duplex with 4 br / 2.5 baths and a private terrace
More about this property
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