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Six-Unit Apartment Building
For Sale
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1424 Greene Avenue, Brooklyn, NY 11237

Rent-stabilized walk-up with uniform two-bedroom apartments and one currently vacant unit.

Property SizeContact for details
Days on Market13

Property Features for 1424 Greene Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 6 x 2BR
Multifamily Units 6

Building Details

Buildings 1
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Matthew Peters · License #NY 10401271961
Source: Crexi
Added: Sep 15 Changed: Sep 20 Last Checked: Sep 26 at 6:05AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

This six-unit multifamily walk-up contains six matching two-bedroom apartments, with the property operating under rent stabilization. The current rent roll reflects registered legal rents across the building, providing a documented basis for evaluating the existing apartment configuration.

Apartment 2L is delivered vacant and may be leased immediately at its full legal rent. The building is located at 1424 Greene Avenue in Bushwick, Brooklyn, within New York City.

Key Highlights

  • Six‑unit multifamily walk‑up at 1424 Greene Avenue, Brooklyn, NY 11237
  • Six uniform two‑bedroom apartments
  • Fully rent‑stabilized building

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Veterinary 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,940
Businesses Nearby

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
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 - Rent-stabilized walk-up with uniform two-bedroom apartments and one currently vacant unit.
Where is this apartment building located?
The property is located at 1424 Greene Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Six‑unit multifamily walk‑up at 1424 Greene Avenue, Brooklyn, NY 11237; Six uniform two‑bedroom apartments; Fully rent‑stabilized building
More about this property
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