Brooklyn Multifamily Development
For Sale
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31 Kermit Pl, Brooklyn, NY 11218
Three contiguous multifamily properties near Prospect Park in Windsor Terrace.
Property SizeContact for details
Days on Market182
Property Features for 31 Kermit Pl
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Jeffrey Kessler · License #10301223608
(914) 391-7689
Source:
Elliman
Added: Mar 16
Changed: Sep 4
Last Checked: Sep 12 at 7:49AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Located in Windsor Terrace, Brooklyn, this offering comprises three contiguous multifamily properties, including two 3-family buildings and one 2-family building, constructed in 1920. The properties are situated mid-block on Kermit Place at East 7th Street, within a low to mid-rise residential area between Prospect Park and Greenwood Cemetery. The assemblage provides over 16,000 buildable square feet, presenting a residential project opportunity. Windsor Terrace, positioned near Prospect Park at the junction of Park Slope, Kensington, and Prospect Park South, offers access to trails, sports fields, picnic areas, dog parks, and local restaurants and cafes. The neighborhood provides a streetscape and services for residents, potentially maximizing long-term demand from buyers and renters.
Key Highlights
- Large parcel in desirable Windsor Terrace neighborhood near Prospect Park.
- Over 16,000 buildable square feet for a residential project.
- Three contiguous multifamily properties (two 3‑family + one 2‑family).
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,788
Businesses Nearby
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Business Placement
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three contiguous multifamily properties near Prospect Park in Windsor Terrace.
Where is this multifamily property located?
The property is located at 31 Kermit Pl Brooklyn, NY.
What are key features of this property?
This property features: Large parcel in desirable Windsor Terrace neighborhood near Prospect Park.; Over 16,000 buildable square feet for a residential project.; Three contiguous multifamily properties (two 3‑family + one 2‑family).
