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Williamsburg Multifamily Property for Sale
For Sale
$5,595,000

176 North 8th St, Brooklyn, NY 11211

Eight-unit multifamily property in prime Williamsburg location.

Property Size5,000 SF
Lot Size0.06 Acres
Days on Market165

Property Features for 176 North 8th St

General Information

Standard status Active
Size 5,000 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,659

Building Details

Building Size 5,000 SF
Year Built 1900
Units 8
Listing Agency: Charles Rutenberg Realty, Inc.
Listed By: Richard A. Diller · License #10301206571
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 22 at 11:47AM

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 Charles Rutenberg Realty, Inc.

Investment Insights

Based on property information with market context.

Located off Bedford Avenue in Williamsburg, this multifamily property features eight two-bedroom units. Seven units are free market, and one is rent-stabilized and vacant. All units are renovated and feature contemporary design. This is the first sale in 30 years. Each unit is equipped with an individual, highly efficient cooling and heating split system, with energy costs paid by the resident. Each unit also includes a walk-out balcony, video intercom system, and electronic key fobs. The high-ceiling basement contains a modern washer/dryer and available storage units. First-floor apartments have direct access to a backyard with a patio. Each apartment unit has plumbing for an individual washer and dryer. The rent-stabilized unit is renovated and vacant. The property is in excellent condition.

Key Highlights

  • Prime Williamsburg location near Bedford Avenue
  • Eight renovated two‑bedroom units, offering modern living spaces
  • Seven free‑market units plus one vacant rent‑stabilized unit

Property Analytics

Current Use

Ice+Jam Production Facility

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care Home Appliance Store

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

8,791
Businesses Nearby

Demographics for 11211, NY

68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
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 - Eight-unit multifamily property in prime Williamsburg location.
Where is this apartment building located?
The property is located at 176 North 8th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,595,000.
What are key features of this property?
This property features: Prime Williamsburg location near Bedford Avenue; Eight renovated two‑bedroom units, offering modern living spaces; Seven free‑market units plus one vacant rent‑stabilized unit
More about this property
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