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Two-Family Residential Property
For Sale
$1,799,000

348 Prospect Ave, Brooklyn, NY 11215

Currently arranged as a single residence, the property retains two-family status and includes a private backyard.

Property Size1,152 SF
Days on Market14

Property Features for 348 Prospect Ave

General Information

Standard status Active
Size 1,152 SF
Property subtype Multi Family
Zoning R6B

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,906

Amenities

full finished basement
large outdoor private backyard

Building Details

Building Size 1,152 SF
Year Built 1910
Stories 2
Tenancy Single
Listing Agency: Brooklyn4U Rltyof DykerHeights
Listed By: Anthony Brucato
Source: Elliman
Added: Sep 29 Changed: Oct 9 Last Checked: Oct 11 at 7:04AM

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 Brooklyn4U Rltyof DykerHeights

Investment Insights

Based on property information with market context.

Built in 1910, this residential property has three bedrooms, two full bathrooms and a finished basement. Its current layout is configured as a single-family residence, while the property retains two-family status. A private backyard provides outdoor space.

The property is zoned R6B and has approximately 1,849 square feet of additional buildable area. Walk Score is 91, Transit Score is 89 and Bike Score is 74.

Key Highlights

  • Two‑family status with a current single‑family layout
  • Three bedrooms and two full bathrooms
  • Finished basement and private backyard

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Accounting Firm Barber Shop Nail Salon

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

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,653
Businesses Nearby

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Currently arranged as a single residence, the property retains two-family status and includes a private backyard.
Where is this multifamily property located?
The property is located at 348 Prospect Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Two‑family status with a current single‑family layout; Three bedrooms and two full bathrooms; Finished basement and private backyard
More about this property
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