Brooklyn Multifamily Investment
19 Carroll Street, Brooklyn, NY 11231
- Added:
- Mar 24, 2026
- Days on Market:
- 69
- Last Refresh:
- May 31 at 7:06 am
Property Features for 19 Carroll Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 4,440 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Udi Eliasi (646) 382-7378
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Mar 24, 2026
MLS# 11679238
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully‑leased, income‑producing 5‑unit multifamily building.
- Located in the desirable Carroll Gardens / Columbia Waterfront area.
- Large, renovated one‑bedroom unit with private access and a gigantic private garden.
- Contextually zoned, historically low‑rise neighborhood, preserving value.
- Turnkey asset offering stable rental income.
- Garage parking available.
Overview
This is a 4,440 square foot, 5-unit multifamily building located in the Carroll Gardens/Columbia Waterfront area of Brooklyn. The property is fully leased and income-producing. The ground floor features a large one-bedroom apartment with private access and a large private garden. This unit has been recently renovated. The second and third floors each contain two apartments. The surrounding area was rezoned in 2009 to preserve the district's character. Recent rezoning moves in the nearby Columbia Waterfront underscore growing demand for responsibly scaled residential properties. This property is intended as a cash-flowing investment or a long-term hold with value preservation.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $251.5k | $56.64 |
| − Vacancy | −$5.0k | −$1.13 |
| EGI | $246.5k | $55.51 |
| − OpEx | −$110.9k | −$24.98 |
| NOI | $135.5k | $30.53 |
4,440 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.94M
$1.69M – $2.26M
NOI $135,549 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.68M
$3.22M – $4.29M
NOI $257,342 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.005201
- Latitude
- 40.683641
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully leased 5-unit building in Carroll Gardens/Columbia Waterfront.
Where is this apartment building located?
The property is located at 19 Carroll Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Fully‑leased, income‑producing 5‑unit multifamily building.; Located in the desirable Carroll Gardens / Columbia Waterfront area.; **Large, renovated one‑bedroom unit with private access and a gigantic private garden.**
