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Sunset Park Multifamily Investment Opportunity
For Sale
$1,420,000

368 61st St, Brooklyn, NY 11220

Six-unit building in Sunset Park with investment potential.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market108

Property Features for 368 61st St

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Multi Family

Building Details

Year Built 1911
Listing Agency: RE/MAX Real Estate Professionals
Listed By: Siu Wai (Cherie)Wong
Source: Elliman
Added: Apr 28 Changed: Jul 10 Last Checked: Aug 13 at 11:11AM

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 RE/MAX Real Estate Professionals

Investment Insights

Based on property information with market context.

This six-family building is located in the Sunset Park neighborhood. The property includes five apartments with three bedrooms each, and one apartment with two bedrooms. The building has a lot size of 25x81 and includes a backyard. The location offers convenient access to restaurants, drug stores, retail options, and banks. The property has a bike score of 73, indicating it is very bikeable, a walk score of 74, indicating it is very walkable, and a transit score of 79, indicating excellent transit options. This property presents an investment opportunity.

Key Highlights

  • Six‑family building offering investment opportunity.
  • Five apartments feature 3 bedrooms each.
  • One apartment with 2 bedrooms.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,453
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Six-unit building in Sunset Park with investment potential.
Where is this apartment building located?
The property is located at 368 61st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: Six‑family building offering investment opportunity.; Five apartments feature **3 bedrooms each**.; One apartment with 2 bedrooms.
More about this property
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