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Six-Unit Apartment Building
For Sale
$1,125,000
Pending

1517 Jefferson Avenue, Brooklyn, NY 11237

Well-maintained six-unit building with all units configured as two-bedroom apartments.

Property Size5,712 SF
Days on Market395

Property Features for 1517 Jefferson Avenue

General Information

Standard status Pending
Size 5,712 SF
Property subtype Commercial

Additional Details

Cap Rate 7%
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $13,257

Amenities

Baseboard Heating

Building Details

Year Built 1916
Tenancy Multi
Listing Agency: LANDMARK INTERNATIONAL R E LLC
Listed By: DONGYUE NIU · License #893520
Source: Corcoran
Added: Jul 25, 2025 Changed: Aug 23 Last Checked: Aug 23 at 4:03AM

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 LANDMARK INTERNATIONAL R E LLC

Investment Insights

Based on property information with market context.

Well-maintained six-unit apartment building totaling 5,712 square feet. The property consists of six two-bedroom apartments and is described as being centrally located in Bushwick.

The L train is up the block, with the R train nearby, and the building is close to restaurants, supermarkets, and schools. Reported financials include a monthly rent roll of $9,033.21 (annualized at $108,398.52) and reported annual expenses of $28,500, resulting in a stated net operating income of $75,343. The listing notes a cap rate of 7.

The remarks also reference a “drie program” that provides a tax release.

Key Highlights

  • Well‑maintained 6‑unit multifamily building built in 1916
  • All 6 units are 2‑bedroom apartments
  • Total building size: 5,712 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Carpet & Flooring Store

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,258
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained six-unit building with all units configured as two-bedroom apartments.
Where is this apartment building located?
The property is located at 1517 Jefferson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Well‑maintained 6‑unit multifamily building built in 1916; All 6 units are 2‑bedroom apartments; Total building size: 5,712 SF
More about this property
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