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Brooklyn Multifamily Investment Opportunity
For Sale
$2,100,000

1536 68th St, Brooklyn, NY 11219

Five-family brick building in good condition, delivering vacant.

Property Size4,200 SF
Lot Size0.05 Acres
Price / SF$1,500
Days on Market205

Property Features for 1536 68th St

General Information

Standard status Active
Size 4,200 SF
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $19,816

Building Details

Building Size 4,200 SF
Year Built 1931
Stories 3
Listing Agency: Ben Bay Realty Co
Listed By: Phoebe F. Burger · License #PFB1940
Source: Elliman
Added: Mar 11 Changed: Sep 22 Last Checked: Oct 1 at 1:13PM

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 Ben Bay Realty Co

Investment Insights

Based on property information with market context.

This is a semi-detached five-family brick building in very good condition. The building dimensions are 20x70 feet, situated on a 25x80 foot lot. The property is located near the D and N trains, offering convenient transportation access. The property is intended for investment purposes. The building is being delivered vacant.

Key Highlights

  • $180,000 annual rental income**
  • Deliver all vacant
  • 5 family brick building

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency 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.

Location Intelligence

Trade Area within ½ mile

3,810
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-family brick building in good condition, delivering vacant.
Where is this apartment building located?
The property is located at 1536 68th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: $180,000 annual rental income**; Deliver all vacant; 5 family brick building
More about this property
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