Updated Four-Unit
For Sale
Contact for pricing
1388 Eastern Pkwy, Brooklyn, NY 11233
Free-market apartments include varied layouts, a full basement, and a detached two-car garage.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market143
Property Features for 1388 Eastern Pkwy
General Information
Standard status
Active
Total Parking Spaces
2
Lot size
0.08 Acres
Property subtype
Multifamily
Units
Unit Mix
2 x 3BR, 2 x 1BR
Multifamily Units
4
Building Details
Buildings
1
Construction
brownstone
Listing Agency:
Brooklyn Blocks Real Estate
(718) 669-0316
Listed By:
Joe Brikman · License #10401209420
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:13PM
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 Blocks Real Estate
Investment Insights
Based on property information with market context.
Located at 1388 Eastern Pkwy in Brooklyn, this brownstone is configured as a four-family residential income property. The unit mix includes two three-bedroom apartments and two one-bedroom apartments, providing a combination of larger and smaller layouts within the building. The apartments have been recently updated, and the property operates on a free-market basis.
The building measures 22 by 55 feet and sits on a 24 by 152-foot lot. Additional improvements include a full basement and a large detached garage accommodating two cars. The property currently generates income, with a projected 9.7 cap rate identified for the asset.
The building measures 22 by 55 feet and sits on a 24 by 152-foot lot. Additional improvements include a full basement and a large detached garage accommodating two cars. The property currently generates income, with a projected 9.7 cap rate identified for the asset.
Key Highlights
- Four‑family brownstone with two 3‑bedroom and two 1‑bedroom apartments
- Recently updated apartment units with free‑market status
- 22X55 building on a 24X152 lot
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,884
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
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?
Quadplex - Free-market apartments include varied layouts, a full basement, and a detached two-car garage.
Where is this quadplex located?
The property is located at 1388 Eastern Pkwy Brooklyn, NY.
What are key features of this property?
This property features: Four‑family brownstone with two 3‑bedroom and two 1‑bedroom apartments; Recently updated apartment units with free‑market status; 22X55 building on a 24X152 lot
