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6-Unit Brick Apartment Building
For Sale
$1,999,000

1425 E 5th Street, Brooklyn, NY 11230

Residential, Brooklyn, NY

Property Size5,727 SF
Lot Size0.07 Acres
Price / SF$349.05
Days on Market176

Property Features for 1425 E 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 1, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 9, Bedroom 11, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 4, Bathroom 4, Bedroom 10, Bathroom 5, Bathroom 2, Bedroom 5, Bedroom 3
Parking features Garage - Detached
Interior features A/C Unit, Refrigerator, Stove
Basement Unfinished
Subdivision Midwood
Standard status Active
Size 5,727 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 25040

Building Details

Number of units 6
Flooring type Parquet Wood, Tile, Ceramic, Carpet
Roof type Flat, Asphalt
Listing Agency: New World Realty Group LLC
Listed By: Stephanie Dong Chin
Added: Apr 21 Changed: Oct 10 Last Checked: Oct 13 at 6:06AM
MLS# 500743

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1425 E 5th Street in Brooklyn, this detached brick apartment building contains six residences across three stories. The unit mix includes one 3-bedroom apartment, three 2-bedroom apartments, and two 1-bedroom apartments. Apartments feature high ceilings, windowed living spaces, closets, and open room arrangements. The owner's unit includes a large living room, eat-in kitchen, in-unit washer and dryer, and split-system cooling and heating.

The property provides 5,727 square feet of living space on a 30*100 lot, with a 23*83 building size and a landscaped front yard. A full-length basement has two separate entrances, while the building also benefits from an updated roof and upgraded hot water systems. Interior finishes include tile, carpet, ceramic, and parquet wood flooring. A detached garage provides on-site parking. The property is zoned R5 and is near shopping, transportation, and schools in Brooklyn's 11230 area.

Key Highlights

  • Six‑unit configuration with one 3‑bedroom, three 2‑bedroom, and two 1‑bedroom apartments
  • 5,727 square feet of living space on a 0.0689‑acre parcel
  • 30100 lot with a 2383 building size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$174,839
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,496,780 $3.5M
Cap Rate 7%
$2,497,700 $2.5M
Cap Rate 9%
$1,942,656 $1.9M
Market Conditions
NOI Build-Up for 5,727 SF
Gross rent
$324.4K $56.64/SF
− Vacancy
−$6.5K −$1.13/SF
EGI
$317.9K $55.51/SF
− OpEx
−$143.1K −$24.98/SF
NOI
$174.8K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,496,780
Cap Rate 7%
$2,497,700
Cap Rate 9%
$1,942,656

Alternative Uses

Best Use
Apartment 5plus
$2.50M
$2.19M – $2.91M (±1% cap)
NOI $174,839 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.74M
$4.15M – $5.53M (±1% cap)
NOI $331,937 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

4,392
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
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 - Three-story Brooklyn multifamily property with varied unit layouts, a detached garage, basement storage, and upgraded building systems.
Where is this apartment building located?
The property is located at 1425 E 5th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Six‑unit configuration with one 3‑bedroom, three 2‑bedroom, and two 1‑bedroom apartments; 5,727 square feet of living space on a 0.0689‑acre parcel; 30*100 lot with a 23*83 building size
More about this property
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