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Brooklyn Multifamily Property for Sale
For Sale
$2,995,000

198 Putnam Avenue, Brooklyn, NY 11216

Multifamily property available in Brooklyn, New York.

Property Size666 SF
Price / SF$4,496
Days on Market286

Property Features for 198 Putnam Avenue

General Information

Standard status Active
Size 666 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,872

Building Details

Building Size 666 SF
Year Built 1899
Listing Agency: Corcoran Group
Listed By: Daniel Cohen · License #10401261296
Source: Penrealty
Added: Nov 27, 2025 Changed: Sep 8 Last Checked: Sep 8 at 6:28AM

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 Corcoran Group

Investment Insights

Based on property information with market context.

A multifamily property located at 198 PUTNAM Ave, Brooklyn, NY 11216 is available for sale with a list price of $2995000.

Key Highlights

  • Year Built: 1899 (Historic Charm)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Nursing Home Parking Lot & Garage Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

6,167
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
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?
Multifamily property - Multifamily property available in Brooklyn, New York.
Where is this multifamily property located?
The property is located at 198 Putnam Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Year Built: 1899 (Historic Charm)
More about this property
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