Brooklyn Multifamily Property for
For Sale
$379,000
Pending
345 Webster Avenue 4G, Brooklyn, NY 11230
Multifamily property available in Brooklyn, New York.
Property Size750 SF
Days on Market333
Property Features for 345 Webster Avenue 4G
General Information
Standard status
Pending
Size
750 SF
Property subtype
Apartment
Building Details
Building Size
750 SF
Year Built
1959
Listing Agency:
Compass
Listed By:
Carolyn M Cedar · License #10301206764
(917) 750-3059
Source:
Howardhannanyc
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Oct 26 at 10:32PM
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 Compass
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Investment Insights
Based on property information with market context.
A multifamily property is available for sale in Brooklyn, New York. The property is located at 345 Webster Ave 3N, Brooklyn, New York 11230 and is listed for $525,000.
Key Highlights
- Price: $11
- Year Built: 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,897
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,940
$457.9K
Cap Rate 7%
$327,100
$327.1K
Cap Rate 9%
$254,411
$254.4K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$42.5K $56.64/SF
− Vacancy
−$850 −$1.13/SF
EGI
$41.6K $55.51/SF
− OpEx
−$18.7K −$24.98/SF
NOI
$22.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,940
Cap Rate 7%
$327,100
Cap Rate 9%
$254,411
Alternative Uses
Best Use
Apartment 5plus
$327.1K
$286.2K – $381.6K
NOI $22,897 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$621.0K
$543.4K – $724.5K
NOI $43,470 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,651
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
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?
Apartment building - Multifamily property available in Brooklyn, New York.
Where is this apartment building located?
The property is located at 345 Webster Avenue 4G Brooklyn, NY.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Price: $11; Year Built: 1959
