Renovated 8-Unit Apartment
For Sale
Contact for pricing
Pending
2877 West 20 Street, Brooklyn, NY 11224
Fully occupied apartments feature separate gas and electric metering.
Property SizeContact for details
Days on Market147
Property Features for 2877 West 20 Street
General Information
Standard status
Pending
Property subtype
Mixed Use
Zoning
R5
Occupancy
100%
Financials
Cap Rate
7%
Gross Income
$137,532
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 1BR, 6 x studio
Multifamily Units
8
Additional Details
Sprinkler System
Yes
Amenities
backyard
Building Details
Buildings
1
Construction
brick
Listing Agency:
BROOKLYN REAL PROPERTY INC
Listed By:
Jean Paul Ho · License #JPH8888
(718) 713-6888
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Aug 30 at 11:39PM
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 BROOKLYN REAL PROPERTY INC
Investment Insights
Based on property information with market context.
Located at 2877 West 20 Street in Brooklyn, this R5-zoned apartment building contains 8 units: 2 one-bedroom apartments and 6 studios. The property is fully occupied, with tenants paying monthly, and DHCR information is available.
The building sits on a 20 ft x 117.58 ft lot and has a 20 ft x 55 ft building footprint. Improvements include a new roof, sprinkler system, gas boiler converted from oil, and updated stairways and apartment interiors. Separate gas and electric meters serve the units. A large backyard includes additional room for a guest room. The property is near train service, shopping off Neptune Avenue, and the beach, and is reported to have no violations.
The building sits on a 20 ft x 117.58 ft lot and has a 20 ft x 55 ft building footprint. Improvements include a new roof, sprinkler system, gas boiler converted from oil, and updated stairways and apartment interiors. Separate gas and electric meters serve the units. A large backyard includes additional room for a guest room. The property is near train service, shopping off Neptune Avenue, and the beach, and is reported to have no violations.
Key Highlights
- 8 units: 2 one‑bedrooms and 6 studios
- Fully occupied building with current tenants paying monthly
- R5 zoning on a 20 ft x 117.58 ft lot
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,388
Businesses Nearby
Explore this area
Business Placement
Demographics for 11224, NY
46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartments feature separate gas and electric metering.
Where is this apartment building located?
The property is located at 2877 West 20 Street Brooklyn, NY.
What are key features of this property?
This property features: 8 units: 2 one‑bedrooms and 6 studios; Fully occupied building with current tenants paying monthly; R5 zoning on a 20 ft x 117.58 ft lot
