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8-Unit Rent Stabilized Apartment Building
For Sale
$500,000

299 Troutman Street, Brooklyn, NY 11237

MULTI_FAMILY - Brooklyn, NY

Property Size6,500 SF
Lot Size0.06 Acres
Price / SF$76.92
Days on Market416

Property Features for 299 Troutman Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning r6
Bedrooms 16
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 16, Bedroom 13, Bedroom 5, Bedroom 12, Bedroom 14, Bathroom 5, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 7, Bedroom 10, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 8, Bathroom 1, Bathroom 2, Bedroom 15, Bedroom 11, Bedroom 9, Bathroom 6, Bedroom 8
Subdivision Bushwick
Standard status Active
Size 6,500 SF
Lot size 0.06 Acres

Building Details

Floors in Building 5
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: ZaiYou (Joe) Zhu
Added: Jun 22, 2025 Changed: Aug 4 Last Checked: Aug 11 at 9:06PM
MLS# 493655

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 offering is an 8-unit rent-stabilized apartment building located at 299 Troutman Street in Brooklyn, NY 11237. The property comprises approximately 6,500 square feet on a 0.0574-acre lot. The current unit status is 4 occupied and 4 vacant.

The building is described as being under the NYC HPD 7A Program. The seller notes approximate HPD violations and/or fines, and states the property is sold as-is with all violations, liens, tenants, and DOB/HPD issues. Cash buyers only. No interior showings are available, and no financials are provided.

The listing is positioned for experienced investors, with buyers advised to perform their own due diligence regarding the 7A program and all building conditions.

Key Highlights

  • 8‑unit rent‑stabilized apartment building
  • 4 occupied and 4 vacant units
  • Approx. 6,500 SF building on a 0.0574‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

6,166
Businesses Nearby

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 8-unit rent-stabilized building with four occupied and four vacant units in r6 zoning.
Where is this apartment building located?
The property is located at 299 Troutman Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 8‑unit rent‑stabilized apartment building; 4 occupied and 4 vacant units; Approx. 6,500 SF building on a 0.0574‑acre lot
More about this property
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