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Five-Unit Brick Multifamily Building
For Sale
$1,200,000

2817 W 20th St, Brooklyn, NY 11224

All-brick five-unit building with updated kitchens and bathrooms and separate electric and gas meters per apartment.

Property SizeContact for details
Days on Market48

Property Features for 2817 W 20th St

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $13,932

Building Details

Stories 3
Tenancy Multi
Listing Agency: ROBERT DEFALCO REALTY , INC.
Listed By: Ann Grande · License #40GR1025086
Source: Elliman
Added: Jul 9 Changed: Aug 19 Last Checked: Aug 24 at 6:15AM

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 ROBERT DEFALCO REALTY , INC.

Investment Insights

Based on property information with market context.

This all-brick five-family building is fully occupied and includes a full basement with both back and interior access. The property provides five residential units with separate electric and gas metering for cooking, plus an additional electric meter for hall lights and basement service. Heat and hot water are supplied via a separate gas meter. Several units have kitchen and bath updates, including a 2022 update for the 1st-floor rear apartment and a 2024 kitchen update plus a 2010 bathroom update for the 1st-floor front apartment.

The building features a flat tar roof, with potential multiple layers completed approximately in 2006, and an estimated heating system installation date of 2014. The two hot water heaters include one replacement estimated around 2022 and a second estimated around 2014.

The layout includes two apartments on Level 2 and two apartments on Level 1, with each unit offering a living room, eat-in kitchen, and full bath, while the first-floor rear and both Level 2 apartments include two bedrooms.

Key Highlights

  • All‑brick 5‑family building with 5 separate apartments, fully occupied and collecting rent with no leases reported
  • Updated kitchens and bathrooms across multiple units, including 2022 updates for the 1st‑floor rear apartment and 2024 kitchen/2010 bath for the 1st‑floor front apartment
  • Each apartment has its own electric and gas meters for cooking; 6th electric meter covers hall lights and basement

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,833
Businesses Nearby

Demographics for 11224, NY

46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
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 - All-brick five-unit building with updated kitchens and bathrooms and separate electric and gas meters per apartment.
Where is this apartment building located?
The property is located at 2817 W 20th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: All‑brick 5‑family building with 5 separate apartments, fully occupied and collecting rent with no leases reported; Updated kitchens and bathrooms across multiple units, including 2022 updates for the 1st‑floor rear apartment and 2024 kitchen/2010 bath for the 1st‑floor front apartment; Each apartment has its own electric and gas meters for cooking; 6th electric meter covers hall lights and basement
More about this property
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