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Six-Unit Apartment Building
For Sale
$4,995,000

1647 Eighth Avenue #MF, Brooklyn, NY 11215

Free-market multifamily property with varied unit layouts, shared tenant amenities, and individual HVAC and hot water systems.

Property Size3,972 SF
Price / SF$1,257
Days on Market12

Property Features for 1647 Eighth Avenue #MF

General Information

Standard status Active
Size 3,972 SF
Property subtype Apartment

Units

Unit Mix 5 x 2BR, 1 x 1BR
Multifamily Units 6

Additional Details

Public Transit Yes

Amenities

shared yard
tenants lounge
storage cages
laundry
Common Outdoor Space
Laundry
Lounge

Building Details

Buildings 1
Stories 3
Units 6
Listing Agency: Real Street Inc.
Listed By: Sully Klein
Source: Realstreetny
Added: Aug 26 Changed: Aug 31 Last Checked: Sep 6 at 3:47AM

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 Real Street Inc.

Investment Insights

Based on property information with market context.

The property is a six-unit apartment building configured with five two-bedroom apartments and one one-bedroom apartment. Each residence has its own hot water tank and split-unit HVAC system. Common-area amenities include a shared yard, tenant lounge, storage cages, and laundry facilities located in the basement.

The building is at 1647 Eighth Avenue in Brooklyn’s Park Slope neighborhood, near Prospect Park, the F and G subway lines, and the commercial corridor along 7th Avenue. The property contains 3,972 of property size as reported in the listing information and is identified as a free-market multifamily asset.

Key Highlights

  • Six‑unit configuration with five two‑bedroom apartments and one one‑bedroom apartment
  • 3,972 property size as reported in the listing information
  • Shared yard, tenant lounge, storage cages, and basement laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Accounting Firm Parking Lot & Garage Nail Salon Barber Shop

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

Location Intelligence

Trade Area within ½ mile

3,106
Businesses Nearby

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
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 - Free-market multifamily property with varied unit layouts, shared tenant amenities, and individual HVAC and hot water systems.
Where is this apartment building located?
The property is located at 1647 Eighth Avenue #MF Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Six‑unit configuration with five two‑bedroom apartments and one one‑bedroom apartment; 3,972 property size as reported in the listing information; Shared yard, tenant lounge, storage cages, and basement laundry
More about this property
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