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Bensonhurst Multifamily Building For Sale
For Sale
$2,450,000
Pending

1448 W 8th St, Brooklyn, NY 11204

Well-maintained 16-unit building in thriving Bensonhurst, Brooklyn.

Property Size12,800 SF
Lot Size0.29 Acres
Days on Market175

Property Features for 1448 W 8th St

General Information

Standard status Pending
Size 12,800 SF
Lot size 0.29 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $50,289

Building Details

Building Size 12,800 SF
Listing Agency: Bergen Basin Realty
Listed By: Kevin Stile
Source: Elliman
Added: Mar 10 Changed: Aug 26 Last Checked: Aug 29 at 1:57PM

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 Bergen Basin Realty

Investment Insights

Based on property information with market context.

This is a 16-family solid brick building in excellent condition, situated in the Bensonhurst section of Brooklyn, New York. The property is located near Bay Parkway, providing convenient access to shopping and transportation. The building features 15 one-bedroom units and 1 studio apartment, all of which are fully occupied. The property generates a yearly gross income of $222,804.00, with yearly expenses totaling $107,579.00, resulting in a Net Operating Income (N.O.I) of $115,225.00. The building is well-kept.

Key Highlights

  • High Net Operating Income (N.O.I) of $115,225.00
  • Solid brick construction in excellent condition
  • Fully occupied 16‑family building with 15 one‑bedroom units and 1 studio

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

4,206
Businesses Nearby

Demographics for 11204, NY

85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
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 - Well-maintained 16-unit building in thriving Bensonhurst, Brooklyn.
Where is this apartment building located?
The property is located at 1448 W 8th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: High Net Operating Income (N.O.I) of $115,225.00; Solid brick construction in excellent condition; Fully occupied 16‑family building with 15 one‑bedroom units and 1 studio
More about this property
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