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12-Unit Multifamily Apartment Building

16 & 18 Lenox Road Brooklyn, NY 11226

Claim this Listing
For Sale
$4,650,000

MULTI_FAMILY - Brooklyn, NY

Lot size:
0.09 Acres
Added:
Jun 5, 2026
Days on Market:
40
Last Refresh:
Jul 14 at 4:06 am

Property Features for 16 & 18 Lenox Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Parking
6
Parking features
On Street
Standard status
Active
APN
05083-0020
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
71292

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1912
Number of units
12
Building materials
Brick, Frame

Listing agent Richard Matt Shane License #10301216230

Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY

Listing date Jun 5, 2026

MLS# 1009859

Copyright © 2026 OneKey MLS. 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.

This offering is a 12-unit free market apartment building located at 16 & 18 Lenox Road in Brooklyn, featuring a unit mix of (7) two-bedroom apartments and (5) one-bedroom apartments. The building includes a basement, high 9' ceilings, and security camera system, with separate meters and A/C across the property. Improvements include all-new LED lighting, security system/cable capability as noted in the property remarks, and three-phase power. The property also provides 6 parking spaces.

The building is described as being in the heart of Flatbush, just off Rt. 27, with nearby destinations including the Brooklyn Museum, Kings Theatre, and Prospect Park, and “just minutes” from I-278. Current remarks also reference close proximity to a range of retailers and services.

The entire building underwent a gut renovation in 2024, and the remarks state the building is 100% occupied. Zoning is listed as R6B.

Key Highlights

  • 12‑unit free‑market apartment building in Brooklyn built in 1912, currently 100% occupied
  • Unit mix: (7) 2‑bedroom apartments and (5) 1‑bedroom apartments
  • 2024 gut renovation of the entire building; features include security camera system and high 9' ceilings

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Building Supply Kitchen & Bath Showroom Nursing Home Nursing Home Big Box & Wholesale Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Recently gut-renovated 12-unit building with separate meters, A/C, and 6 parking spaces; R6B zoning.
Where is this apartment building located?
The property is located at 16 & 18 Lenox Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 12‑unit free‑market apartment building in Brooklyn built in 1912, currently 100% occupied; Unit mix: (7) 2‑bedroom apartments and (5) 1‑bedroom apartments; 2024 gut renovation of the entire building; features include security camera system and high 9' ceilings
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