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Brick Apartment Building
For Sale
$1,600,000

2615 Newkirk Avenue, Brooklyn, NY 11226

The rent-stabilized property has an established eight-apartment configuration and is being sold occupied.

Property SizeContact for details
Days on Market19

Property Features for 2615 Newkirk Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $39,084

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Additional Details

Gross Income $108,456
Public Transit Yes
Tenant in Place Yes

Building Details

Year Built 1931
Stories 3
Construction brick
Listing Agency: SHAHID HAKEEM AMID
Listed By: Hakeem Shahid
Source: Crystinandcorealty
Added: Oct 8 Changed: Oct 26 Last Checked: Oct 26 at 3:51AM

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 SHAHID HAKEEM AMID

Rey
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Investment Insights

Based on property information with market context.

This four-story brick apartment building contains eight two-bedroom apartments, totaling 16 bedrooms, eight bathrooms, 24 rooms, and 16 closets. Built in 1931, the rent-stabilized property is not being offered vacant, and the existing occupancy will remain in place for the sale.

Transit service includes subway lines 2, 5, B, and Q, along with bus routes B8, B41, B44, B49, B103, BM1, BM3, and BM4. Cafes, bars, lounges, restaurants, supermarkets, and entertainment venues are also identified in the surrounding area.

Key Highlights

  • Eight two‑bedroom apartments with 16 bedrooms, eight bathrooms, 24 rooms, and 16 closets
  • Rent‑stabilized property offered occupied, not vacant
  • Four‑story brick construction; built in 1931

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,010
Businesses Nearby

Demographics for 11226, NY

101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The rent-stabilized property has an established eight-apartment configuration and is being sold occupied.
Where is this apartment building located?
The property is located at 2615 Newkirk Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Eight two‑bedroom apartments with 16 bedrooms, eight bathrooms, 24 rooms, and 16 closets; Rent‑stabilized property offered occupied, not vacant; Four‑story brick construction; built in 1931
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