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Brooklyn Multifamily Property for Sale
For Sale
$1,999,999
Pending

1956 84th St, Brooklyn, NY 11214

Multifamily property available in Brooklyn, New York.

Property Size3,050 SF
Lot Size0.07 Acres
Days on Market318

Property Features for 1956 84th St

General Information

Standard status Pending
Size 3,050 SF
Lot size 0.07 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $9,430

Building Details

Building Size 3,050 SF
Listing Agency: Tiger Realty
Listed By: Emily Hui Chen-Liang · License #HTL8672
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:48AM

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 Tiger Realty

Investment Insights

Based on property information with market context.

A multifamily property located in Brooklyn, New York, is available for sale. The list price is $2,190,000.

Key Highlights

  • No selling points could be extracted from the provided information as it is empty.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,555
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,100 $1.5M
Cap Rate 7%
$1,065,071 $1.1M
Cap Rate 9%
$828,389 $828.4K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$140.9K $46.20/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$135.6K $44.44/SF
− OpEx
−$61.0K −$20.00/SF
NOI
$74.6K $24.44/SF
Area
ZIP 11214
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,100
Cap Rate 7%
$1,065,071
Cap Rate 9%
$828,389

Alternative Uses

Best Use
Apartment 5plus
$1.07M
$931.9K – $1.24M (±1% cap)
NOI $74,555 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,545 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,375
Businesses Nearby

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property available in Brooklyn, New York.
Where is this multifamily property located?
The property is located at 1956 84th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: No selling points could be extracted from the provided information as it is empty.
More about this property
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