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Walk-Up Multifamily Building Package
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307 East 54th Street, New York, NY 10022

Three East Flatbush walk-up buildings totaling 17 residential units plus a community facility unit in protected 2A tax class.

Property Size14,552 SF
Days on Market124

Property Features for 307 East 54th Street

General Information

Standard status Active
Size 14,552 SF
Property subtype Multifamily

Additional Details

Multifamily Units 17
Listing Agency: Ariel Property Advisors
Listed By: Sean R. Kelly, Esq. · License #NY 10301203478
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 8:32PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

Ariel Property Advisors is offering a for-sale package of three walk-up multifamily buildings in Brooklyn’s East Flatbush neighborhood. Across the portfolio, there are 17 residential units and one community facility unit with a total of 14,552 gross square feet. The residential unit mix includes 11 two-bedroom and 6 three-bedroom apartments. All three properties are in the protected 2A Tax Class.

289 East 94th Street includes five rent-stabilized residential units and a vacant community facility space. 307 East 54th Street contains six rent-stabilized residential units. 487 East 93rd Street features five free-market residential units. The properties are positioned near Brookdale Hospital Medical Center, new residential development, and transit access via the 2, 3, and 4 trains, with additional retail options near Kings Highway and Church Avenue.

The portfolio offers investors a consolidated ownership structure of three separate walk-up apartment buildings with multiple unit configurations within the protected 2A tax classification.

Key Highlights

  • Three walk‑up multifamily buildings in East Flatbush with 17 residential units plus 1 community facility unit totaling 14,552 gross SF.
  • Unit mix includes 11 two‑bedroom and 6 three‑bedroom apartments across the three buildings.
  • Protected 2A tax class for all three properties.

Property Analytics

Current Use

Saint George Tropoforos ... Charitable Organization Saint George Greek ... Charitable Organization

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Buffet Nursing Home Clothing & Fashion 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

17
Residential units

Location Intelligence

Trade Area within ½ mile

3,107
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
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 - Three East Flatbush walk-up buildings totaling 17 residential units plus a community facility unit in protected 2A tax class.
Where is this apartment building located?
The property is located at 307 East 54th Street New York, NY.
What are key features of this property?
This property features: Three walk‑up multifamily buildings in East Flatbush with 17 residential units plus 1 community facility unit totaling 14,552 gross SF.; Unit mix includes 11 two‑bedroom and 6 three‑bedroom apartments across the three buildings.; Protected 2A tax class for all three properties.
(212) 544-9500 Call to check price and availability
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