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8-Unit Rent-Stabilized Apartment Building
For Sale
Contact for pricing

299 Troutman St #1, Brooklyn, NY 11237

The property is subject to NYC HPD’s 7A Program and carries unresolved building violations and agency matters.

Property SizeContact for details
Days on Market8

Property Features for 299 Troutman St #1

General Information

Standard status Active
Property subtype Multifamily
Zoning R6

Additional Details

Multifamily Units 8

Building Details

Buildings 1
Listing Agency: REMAX EDGE
Listed By: ZaiYou (Joe) Zhu · License #NY 10401312891
Source: Crexi
Added: Sep 19 Changed: Sep 24 Last Checked: Sep 26 at 6:03AM

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.

This eight-unit, rent-stabilized apartment building is subject to the NYC HPD 7A Program. Four apartments are occupied and four are vacant. The sale is in as-is condition, with existing tenants, liens, violations, and DOB and HPD matters remaining with the property.

The building is in Bushwick, Brooklyn, and is zoned R6. Interior access is not available for showings. Buyers should conduct their own review of the 7A Program and building conditions.

Key Highlights

  • 8‑unit rent‑stabilized apartment building
  • 4 occupied apartments and 4 vacant apartments
  • Subject to NYC HPD 7A Program

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 - The property is subject to NYC HPD’s 7A Program and carries unresolved building violations and agency matters.
Where is this apartment building located?
The property is located at 299 Troutman St #1 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 apartments and 4 vacant apartments; Subject to NYC HPD 7A Program
More about this property
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