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6-Family Brick Apartment Building
For Sale
$1,388,000

2346 82nd Street, Brooklyn, NY 11214

Residential, Brooklyn, NY

Property Size4,380 SF
Lot Size0.05 Acres
Price / SF$316.89
Days on Market423

Property Features for 2346 82nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 9, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 4, Bedroom 10, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 6, Bedroom 5
Interior features Refrigerator, Stove
Basement Unfinished
Subdivision Bensonhurst
Standard status Active
Size 4,380 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 18126

Building Details

Year built 1922
Floors in Building 3
Flooring type Tile, Hardwood, Laminate
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Jason Zhou · License #JZ1320
Added: Aug 13, 2025 Changed: Sep 16 Last Checked: Oct 9 at 12:06PM
MLS# 495011

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1922, this 4,380-square-foot brick apartment building contains six residential units arranged as four two-bedroom apartments and two one-bedroom apartments. The property includes tile, hardwood, and laminate flooring, along with refrigerators and stoves. A flat roof and R5 zoning are also documented. Two apartments are vacant, while the remaining units are part of the existing residential configuration.

The property occupies a 0.0459-acre lot at 2346 82nd Street in Brooklyn, NY 11214. Its six-unit layout, bedroom mix, and combination of occupied and vacant apartments provide a clear operating profile for review.

Key Highlights

  • Six‑family apartment building with four two‑bedroom units and two one‑bedroom units
  • 4,380 square feet on a 0.0459‑acre lot
  • Two apartments currently vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,067
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,141,340 $2.1M
Cap Rate 7%
$1,529,529 $1.5M
Cap Rate 9%
$1,189,633 $1.2M
Market Conditions
NOI Build-Up for 4,380 SF
Gross rent
$202.4K $46.20/SF
− Vacancy
−$7.7K −$1.76/SF
EGI
$194.7K $44.44/SF
− OpEx
−$87.6K −$20.00/SF
NOI
$107.1K $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%
$2,141,340
Cap Rate 7%
$1,529,529
Cap Rate 9%
$1,189,633

Alternative Uses

Best Use
Apartment 5plus
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $107,067 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M (±1% cap)
NOI $178,855 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,812
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R5-zoned residential property with a six-unit layout and two apartments currently vacant.
Where is this apartment building located?
The property is located at 2346 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Six‑family apartment building with four two‑bedroom units and two one‑bedroom units; 4,380 square feet on a 0.0459‑acre lot; Two apartments currently vacant
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