Listing Agency: RIPCO Real Estate New York s**@ripcony.com Show Phone

Listed By: Kevin Schmitz · License #NY 10401284640

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 7:59PM

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Investment Insights

Based on property information with market context.

This multifamily apartment building is offered for sale and includes 17 total units.

The property is located at 18-22 Patchen Avenue in Bedford-Stuyvesant, NY 11221.

Available information indicates the offering price is listed as $464,706 per unit.

Key Highlights

• Multifamily apartment building for sale
• 17 total units
• $464,706 per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Auto Parts Store Carpet & Flooring 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.

Lease Details

17

Residential units

Location Intelligence

Trade Area within ½ mile

3,649

Businesses Nearby

Explore this area Business Placement

Demographics for 11221, NY

89,222

Population

38,690

Households

2.3

Avg Household Size

33

Median Age

42%

College-Educated

84%

High-School Grad

1.4 sq mi

ZIP Area

63,730

Density / Sq Mi

$85,122

Median Household Income

$49,202

Median Earnings

$2,055

Median Rent

$1,061,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building offered for sale with 17 total units.

Where is this apartment building located?

The property is located at 18-22 Patchen Avenue Brooklyn, NY.

What are key features of this property?

This property features: Multifamily apartment building for sale; 17 total units; $464,706 per unit