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2353 81st Street, Brooklyn, NY, 11214
Six-Unit Apartment Building

2353 81st Street Brooklyn, NY 11214

For Sale
$1,574,888

MULTI_FAMILY - Brooklyn, NY

Property Size5,670 SF
Lot Size0.06 Acres
Price / SF$277.76
Days on Market29

Property Features for 2353 81st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
12
Bathrooms
6
Rooms
Bedroom 6, Bathroom 1, Bedroom 10, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 8, Bedroom 12, Bedroom 11, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 9
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Unfinished, Full
Standard status
Active
Size
5,670 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
21118

Building Details

Year built
1923
Floors in Building
3
Flooring type
Tile, Hardwood, Ceramic
Building materials
Block
Roof type
Flat
Listing Agency: RE/MAX Elite
Listed By: Anthony Parascandolo · License #2081821
Added: Jun 25 Changed: Jul 11 Last Checked: Jul 23 at 5:06PM
MLS# 502592

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.

This well-maintained six-unit apartment building provides a consistent unit mix of six spacious 2-bedroom, 1-bath apartments. Per the seller’s information, one apartment is currently vacant, creating a straightforward option for an owner-occupant to reside on site while continuing to generate rental income from the remaining units. The building underwent significant updates in 2014, with additional improvements completed over the years.

Located in Bensonhurst within Brooklyn, the property is described as convenient to public transportation as well as neighborhood shopping, parks, schools, and a wide variety of restaurants and local amenities. The offering is zoned R5.

For tenants, the current layout supports 2-bedroom households within a multi-family setting. For buyers, the property’s 6-unit configuration and current vacancy can be useful for planning occupancy and operational flow. The listing is also presented as a potential fit for investors and for buyers considering a 1031 exchange, depending on their financing and relocation or tenancy objectives. The asset is available for sale at 2353 81st Street, Brooklyn, NY 11214.

Key Highlights

  • 6‑family multifamily property with six 2‑bedroom, 1‑bath apartments
  • Significant building updates completed in 2014, with additional improvements over the years
  • Year built: 1923

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $262.0k $46.20
− Vacancy −$10.0k −$1.76
EGI $252.0k $44.44
− OpEx −$113.4k −$20.00
NOI $138.6k $24.44
5,670 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,600 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.31M
$2.89M – $3.86M (±1% cap)
NOI $231,532 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bed & Breakfast Bar & Pub Storage Facility Nursing Home Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 6-family property with six 2-bedroom, 1-bath apartments, one currently vacant.
Where is this apartment building located?
The property is located at 2353 81st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,574,888.
What are key features of this property?
This property features: 6‑family multifamily property with six 2‑bedroom, 1‑bath apartments; Significant building updates completed in 2014, with additional improvements over the years; Year built: 1923
More about this property
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