Brooklyn Apartment Building For
For Sale
$980,000
Pending
361 CLINTON Ave 12C, Brooklyn, NY 11238
Apartment building in Brooklyn available for purchase.
Property Size975 SF
Days on Market335
Property Features for 361 CLINTON Ave 12C
General Information
Standard status
Pending
Size
975 SF
Property subtype
Residential
Building Details
Building Size
975 SF
Units
106
Listed By:
Cecilia Cina
(917) 963-7186
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 29
Last Checked: Oct 28 at 9:12AM
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 Cecilia Cina
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.
An apartment building located at 361 CLINTON Ave 12C, Brooklyn, NY 11238, is available for sale. The property is classified as an apartment building, multifamily property, and residential income property.
Key Highlights
- No selling points could be extracted from the provided information.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,766
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,320
$595.3K
Cap Rate 7%
$425,229
$425.2K
Cap Rate 9%
$330,733
$330.7K
Market Conditions
NOI Build-Up for 975 SF
Gross rent
$55.2K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$54.1K $55.51/SF
− OpEx
−$24.4K −$24.98/SF
NOI
$29.8K $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%
$595,320
Cap Rate 7%
$425,229
Cap Rate 9%
$330,733
Alternative Uses
Best Use
Apartment 5plus
$425.2K
$372.1K – $496.1K
NOI $29,766 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$807.3K
$706.4K – $941.9K
NOI $56,511 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
6,710
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
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 - Apartment building in Brooklyn available for purchase.
Where is this apartment building located?
The property is located at 361 CLINTON Ave 12C Brooklyn, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: No selling points could be extracted from the provided information.
