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17-Unit Mixed-Use Property
New
For Sale
$5,000,000

188 Eagle Street, Brooklyn, NY 11222

Residential apartments and ground-floor retail share a four-story brick walk-up.

Property SizeContact for details
Days on Market6

Property Features for 188 Eagle Street

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 8 x 2BR, 7 x 1BR, 1 x studio
Multifamily Units 16

Additional Details

Public Transit Yes

Building Details

Year Built 1931
Buildings 1
Stories 4
Construction brick walk-up
Tenancy Multi
Listing Agency: 5 Boro Realty Corp
Listed By: Gabrielle Winters (gabrielle@5brc.com)
Source: Taniciarealtyhomes
Added: Oct 1 Last Checked: Oct 5 at 6:19PM

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 5 Boro Realty Corp

Investment Insights

Based on property information with market context.

At 188 Eagle Street, this four-story brick walk-up combines 16 apartments with one ground-floor retail unit. Constructed in 1931, the residential portion includes eight two-bedroom apartments, seven one-bedroom apartments and one studio; all 16 apartments are rent-stabilized. The retail space adds a commercial component to the building’s residential occupancy.

The property is one block from McGuinness Boulevard and sits near the Pulaski Bridge, which provides access to Long Island City and Midtown Manhattan. The G train station at Manhattan Avenue and India Street is a five-minute walk away. The property has a 93 Walk Score and a 93 Transit Score.

Key Highlights

  • 17 units: 16 rent‑stabilized apartments and 1 ground‑floor retail unit
  • Apartment mix includes eight 2‑bedrooms, seven 1‑bedrooms and one studio
  • Four‑story brick walk‑up built in 1931

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Adult Day Care Mobile Phone 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

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,387
Businesses Nearby

Demographics for 11222, NY

41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Residential apartments and ground-floor retail share a four-story brick walk-up.
Where is this mixed-use property located?
The property is located at 188 Eagle Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 17 units: 16 rent‑stabilized apartments and 1 ground‑floor retail unit; Apartment mix includes eight 2‑bedrooms, seven 1‑bedrooms and one studio; Four‑story brick walk‑up built in 1931
More about this property
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