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Sheepshead Bay 6-Family Building
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2503 E 19th Street, Brooklyn, NY 11235

Well-maintained 6-family building in Sheepshead Bay with strong cash flow.

Property SizeContact for details
Days on Market163

Property Features for 2503 E 19th Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R 4

Building Details

Year Built 1928
Buildings 1
Stories 3
Units 6
Listing Agency: REMAX EDGE
Listed By: Josephine Sabatino · License #10301224484
Source: Crexi
Added: Mar 13 Changed: Aug 14 Last Checked: Aug 21 at 8:52PM

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 REMAX EDGE

Investment Insights

Based on property information with market context.

Located in the Sheepshead Bay section of Brooklyn, this is a semi-attached 6-family brick building. The property is well-maintained and features five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The building includes a full-sized unfinished basement that offers potential for storage or additional utility space. Recent capital improvements have been completed, including recent boilers and updated kitchens in most units. The property is situated near shopping, public transportation, schools, restaurants, and neighborhood amenities. This property presents an opportunity for investors seeking cash flow in Brooklyn.

Key Highlights

  • Strong cash flow with a cap rate over 6%.
  • Solid, well‑maintained 6‑family brick building in Sheepshead Bay.
  • Five 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Catering Service Bar & Pub Nursing Home

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

4,785
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
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?
Apartment building - Well-maintained 6-family building in Sheepshead Bay with strong cash flow.
Where is this apartment building located?
The property is located at 2503 E 19th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,589,000.
What are key features of this property?
This property features: Strong cash flow with a cap rate over 6%.; Solid, well‑maintained 6‑family brick building in Sheepshead Bay.; Five 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit.
More about this property
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