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8-Unit Rent-Stabilized Multifamily
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190 ROCKAWAY AVE, Brooklyn, NY 11233

8-unit rent-stabilized multifamily property totaling 5,600 square feet, generating reported NOI of $68,506.

Property Size5,600 SF
Price / SF$250
Days on Market65

Property Features for 190 ROCKAWAY AVE

General Information

Standard status Active
Size 5,600 SF
Class C
Property subtype Multifamily
Zoning R5, C2-3
Occupancy 100%
Net Operating Income $74,568

Additional Details

Multifamily Units 8

Building Details

Year Built 1910
Buildings 1
Stories 4
Units 8
Tenancy Multi
Listing Agency: The Lion Real Estate
Listed By: Avi Malul · License #10311209853
Source: Crexi
Added: Jul 7 Changed: Sep 7 Last Checked: Sep 8 at 4:03AM

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 The Lion Real Estate

Investment Insights

Based on property information with market context.

This for-sale multifamily property is an 8-unit residential income building with rent-stabilized units. The asset totals 5,600 square feet and is presented as generating a reported Net Operating Income (NOI) of $68,506.

Located at 190 Rockaway Avenue in Brooklyn, NY, the property is described as being in a well-connected area with nearby public transportation, parks, and retail and dining. The offering also notes proximity to multiple subway lines and major commercial corridors.

The investment materials describe the building as an in-place income opportunity with operational stability, supported by efficient operating expenses and the rent-stabilized structure of the units.

Key Highlights

  • 8‑unit rent‑stabilized multifamily property with 5,600 SF total building area
  • Reported NOI of $68,506
  • Year built: 1910

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,859
Businesses Nearby

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value

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?
Apartment building - 8-unit rent-stabilized multifamily property totaling 5,600 square feet, generating reported NOI of $68,506.
Where is this apartment building located?
The property is located at 190 ROCKAWAY AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8‑unit rent‑stabilized multifamily property with 5,600 SF total building area; Reported NOI of $68,506; Year built: 1910
More about this property
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