Brooklyn Multifamily Development
For Sale
Contact for pricing
31 Kermit Pl, Brooklyn, NY 11218
Three contiguous multifamily properties near Prospect Park in Windsor Terrace.
Property SizeContact for details
Days on Market228
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: Oct 25
Last Checked: Oct 28 at 9:16AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,788
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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).
