Nine-Unit Multifamily
For Sale
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186 South 8th Street, Brooklyn, NY 11211
Fully occupied free-market residences span two connected buildings with shared outdoor amenities and renovated interior finishes.
Property SizeContact for details
Days on Market50
Property Features for 186 South 8th Street
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$831,363
Additional Details
Gross Income
$881,294
Public Transit
Yes
Multifamily Units
9
Amenities
shared landscaped courtyard
private terrace
roof deck
balconies
Building Details
Buildings
2
Stories
5
Listing Agency:
SERHANT
Listed By:
Jade Shenker · License #10401352442
(786) 300-2869
Source:
Crexi
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 26 at 4:24PM
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 SERHANT
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Investment Insights
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This nine-unit multifamily holding includes two contiguous five-story buildings offered together as one property. All residences are free market and fully occupied. Interior features include exposed brick, hardwood flooring, generous ceiling heights, full-height windows, and renovated kitchens and bathrooms. Select units include private outdoor space, while the properties share a landscaped courtyard and include a private terrace, roof deck, and select balconies.
The property is located at 186 and 188 South 8th Street in South Williamsburg, near the Marcy Avenue J, M, and Z trains. Domino Park, Bedford Avenue, and Williamsburg dining, retail, and entertainment destinations are also nearby. The buildings benefit from Class 2A tax protection, with combined annual real estate taxes of $26,846.
The property is located at 186 and 188 South 8th Street in South Williamsburg, near the Marcy Avenue J, M, and Z trains. Domino Park, Bedford Avenue, and Williamsburg dining, retail, and entertainment destinations are also nearby. The buildings benefit from Class 2A tax protection, with combined annual real estate taxes of $26,846.
Key Highlights
- Nine‑unit multifamily portfolio comprising two contiguous five‑story buildings
- All nine residences are free market and fully occupied
- Class 2A tax protection with combined annual real estate taxes of $26,846
Property Analytics
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Lease Details
9
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,892
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied free-market residences span two connected buildings with shared outdoor amenities and renovated interior finishes.
Where is this apartment building located?
The property is located at 186 South 8th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: Nine‑unit multifamily portfolio comprising two contiguous five‑story buildings; All nine residences are free market and fully occupied; Class 2A tax protection with combined annual real estate taxes of $26,846
