Apartment Building With Finished
For Sale
$1,287,000
1646 Benson Avenue, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size4,750 SF
Lot Size0.04 Acres
Price / SF$270.95
Days on Market103
Property Features for 1646 Benson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
14
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bedroom 4, Bathroom 6, Bathroom 3, Bedroom 9, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 13, Bedroom 6, Bedroom 5, Bedroom 12, Bedroom 7, Bedroom 11, Bedroom 10, Bathroom 5, Bedroom 14, Bedroom 2, Bathroom 2, Bedroom 1
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Bensonhurst
Standard status
Active
Size
4,750 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
19021
Building Details
Year built
1926
Floors in Building
3
Number of units
6
Building materials
Brick
Roof type
Flat
Listing Agency:
Winzone Realty Inc
Listed By:
Bin Hu Zhan
(718) 676-6611
Added: Jul 15
Changed: Oct 20
Last Checked: Oct 25 at 1:06PM
MLS# 503047
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.
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Investment Insights
Based on property information with market context.
This detached brick multifamily property was built in 1926 and includes six residential apartments across three stories, along with a finished full basement featuring separate entrances. The unit mix comprises two three-bedroom apartments and four two-bedroom apartments. Interior features include window A/C units, refrigerators, and stoves, while the building has a flat roof and brick construction.
The property occupies a corner position at 1646 Benson Avenue in Brooklyn’s Bensonhurst section. It is located near 86th Street, with restaurants, cafes, shopping, supermarkets, banks, schools, pharmacies, and public transportation in the surrounding area. The certificate of occupancy documents one parking space. Separate gas and electric metering is provided, with seven gas meters and seven electric meters.
The property occupies a corner position at 1646 Benson Avenue in Brooklyn’s Bensonhurst section. It is located near 86th Street, with restaurants, cafes, shopping, supermarkets, banks, schools, pharmacies, and public transportation in the surrounding area. The certificate of occupancy documents one parking space. Separate gas and electric metering is provided, with seven gas meters and seven electric meters.
Key Highlights
- Six residential apartments: two 3‑bedroom units and four 2‑bedroom units
- Three‑story brick building with a finished full basement and separate entrances
- Detached corner property at 1646 Benson Avenue, Brooklyn, NY 11214
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,111
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,322,220
$2.3M
Cap Rate 7%
$1,658,729
$1.7M
Cap Rate 9%
$1,290,122
$1.3M
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$219.5K $46.20/SF
− Vacancy
−$8.3K −$1.76/SF
EGI
$211.1K $44.44/SF
− OpEx
−$95.0K −$20.00/SF
NOI
$116.1K $24.44/SF
Area
ZIP 11214
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,322,220
Cap Rate 7%
$1,658,729
Cap Rate 9%
$1,290,122
Alternative Uses
Best Use
Apartment 5plus
$1.66M
$1.45M – $1.94M
NOI $116,111 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.77M
$2.42M – $3.23M
NOI $193,964 @ 7.0% cap · market cap 15.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,677
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Detached corner multifamily property with six apartments, a finished basement, and one documented parking space.
Where is this apartment building located?
The property is located at 1646 Benson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,287,000.
What are key features of this property?
This property features: Six residential apartments: two 3‑bedroom units and four 2‑bedroom units; Three‑story brick building with a finished full basement and separate entrances; Detached corner property at 1646 Benson Avenue, Brooklyn, NY 11214
