5-Unit Apartment
For Sale
$3,295,000
19 Denton Pl, Brooklyn, NY 11215
Multifamily property with five residential units and M1-4/R6B zoning.
Property Size3,233 SF
Days on Market59
Property Features for 19 Denton Pl
General Information
Standard status
Active
Size
3,233 SF
Property subtype
Multifamily
Additional Details
Cap Rate
6%
Multifamily Units
5
Amenities
19 Denton Place, built in 1920, is a three-story, 3,233 SF multifamily building set on a 20' x90' lot.
Zoning: M1-4/R6B | Tax Class: 2A | Air Rights: 496 SF | Free-Market Building
The neighborhood is served by the G, F, D, N, R, 2, 3, 4, and 5 subway lines, with the Atlantic Avenue–Barclays Center transit hub and the Long Island Rail Road just minutes away.
Building Details
Building Size
3,233 SF
Units
5
Listing Agency:
New York City Office
Listed By:
Shaun Riney · License #License(s): NY: 10491208207, NY: 10301215754
(718) 475-4369
Source:
Marcusmillichap
Added: Aug 8
Changed: Sep 5
Last Checked: Oct 5 at 3:07PM
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 New York City Office
Investment Insights
Based on property information with market context.
This apartment building contains 5 residential units and was constructed in 1920. The property is zoned M1-4/R6B and is identified with a 6.00% cap rate.
Located at 19 Denton Place in Brooklyn, NY 11215, the asset offers a compact multifamily configuration within an established residential building stock context.
Located at 19 Denton Place in Brooklyn, NY 11215, the asset offers a compact multifamily configuration within an established residential building stock context.
Key Highlights
- 5 residential units
- 6.00% cap rate
- M1‑4/R6B zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,700
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,000
$2.0M
Cap Rate 7%
$1,410,000
$1.4M
Cap Rate 9%
$1,096,667
$1.1M
Market Conditions
NOI Build-Up for 3,233 SF
Gross rent
$183.1K $56.64/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$179.5K $55.51/SF
− OpEx
−$80.8K −$24.98/SF
NOI
$98.7K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,000
Cap Rate 7%
$1,410,000
Cap Rate 9%
$1,096,667
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.23M – $1.65M
NOI $98,700 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.68M
$2.34M – $3.12M
NOI $187,385 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
8,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with five residential units and M1-4/R6B zoning.
Where is this apartment building located?
The property is located at 19 Denton Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: 5 residential units; 6.00% cap rate; M1‑4/R6B zoning
