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Six-Family Brick Apartment Building
For Sale
$1,150,000

2347 81st Street, Brooklyn, NY 11214

Residential, Brooklyn, NY

Property Size1,820 SF
Lot Size0.06 Acres
Price / SF$631.87
Days on Market357

Property Features for 2347 81st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning r5
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 10, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 5, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 12, Bedroom 9, Bedroom 3, Bedroom 11
Interior features Refrigerator
Basement Full
Subdivision Bensonhurst
Standard status Active
Size 1,820 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 21386

Amenities

courtyard

Building Details

Floors in Building 3
Number of units 6
Building materials Brick
Roof type Flat
Buildings 1
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Robert S. Scaglione
Added: Nov 12, 2025 Changed: Oct 29 Last Checked: Nov 3 at 5:06PM
MLS# 497310

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.

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Investment Insights

Based on property information with market context.

This six-family apartment property is a semi-detached brick building with six two-bedroom apartments and an unfinished basement. The structure measures 1,820 square feet on a 0.0604-acre lot and has a flat roof. A courtyard created by the semi-attached configuration provides an open area alongside the building, while refrigerators are listed among the interior features.

The property is located at 2347 81st Street in Brooklyn’s Bensonhurst section, near 81st Street and 24th Avenue. It is identified under R5 zoning. The roof is two years old, and the gas boiler was installed in 2008.

Key Highlights

  • Six two‑bedroom apartments in a six‑family configuration
  • Semi‑detached brick construction with courtyard
  • 1,820 square feet on a 0.0604‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,489
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,780 $889.8K
Cap Rate 7%
$635,557 $635.6K
Cap Rate 9%
$494,322 $494.3K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$84.1K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$80.9K $44.44/SF
− OpEx
−$36.4K −$20.00/SF
NOI
$44.5K $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%
$889,780
Cap Rate 7%
$635,557
Cap Rate 9%
$494,322

Alternative Uses

Best Use
Apartment 5plus
$635.6K
$556.1K – $741.5K (±1% cap)
NOI $44,489 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$929.0K – $1.24M (±1% cap)
NOI $74,319 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,051
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

Frequently Asked Questions

What type of property is this?
Apartment building - Semi-detached design includes a courtyard and six two-bedroom apartments within a multifamily property.
Where is this apartment building located?
The property is located at 2347 81st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Six two‑bedroom apartments in a six‑family configuration; Semi‑detached brick construction with courtyard; 1,820 square feet on a 0.0604‑acre lot
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