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22-Unit Brick Apartment Building
For Sale
$4,388,888

1684 West 2nd Street, Brooklyn, NY 11223

R5-zoned multifamily property with one-, two-, and three-bedroom apartments near public transportation and shopping.

Property Size17,968 SF
Days on Market194

Property Features for 1684 West 2nd Street

General Information

Standard status Active
Size 17,968 SF
Property subtype Multi Family Home
Zoning R5
Occupancy 100%

Units

Unit Mix 17 x 1BR, 4 x 2BR, 1 x 3BR
Multifamily Units 22

Additional Details

Public Transit Yes

Building Details

Building Size 17,968 SF
Year Built 1928
Buildings 1
Stories 3
Construction all brick
Listing Agency: Robert Defalco Realty
Listed By: Michael Gentilesco
Source: Kirinny
Added: Feb 16 Changed: Aug 28 Last Checked: Aug 28 at 11:30AM

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 Robert Defalco Realty

Investment Insights

Based on property information with market context.

This 22-unit multifamily building is constructed of all brick and dates to 1928. The apartment mix includes 17 one-bedroom units, four two-bedroom units, and one three-bedroom unit. The property is zoned R5, with 19 stabilized units and three Section 8 units.

Located on West 2nd Street in Brooklyn, the building is near train and bus service as well as shopping. Occupancy has remained full for the last 25 years, while 90% same-tenant occupancy has been reported over the last 15 years.

Key Highlights

  • 22‑unit all‑brick multifamily building constructed in 1928
  • Apartment mix includes 17 one‑bedroom, 4 two‑bedroom, and 1 three‑bedroom units
  • R5 zoning with 19 stabilized units and 3 Section 8 units

Property Analytics

Current Use

Karen A. Mcdonald-Platarote, PT Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Hotel & Motel Nursing Home Bed & Breakfast

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

22
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,627
Businesses Nearby

Demographics for 11223, NY

83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - R5-zoned multifamily property with one-, two-, and three-bedroom apartments near public transportation and shopping.
Where is this apartment building located?
The property is located at 1684 West 2nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,388,888.
What are key features of this property?
This property features: 22‑unit all‑brick multifamily building constructed in 1928; Apartment mix includes 17 one‑bedroom, 4 two‑bedroom, and 1 three‑bedroom units; R5 zoning with 19 stabilized units and 3 Section 8 units
More about this property
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