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Apartment Building with Private Backyard
For Sale
$2,750,000

381 Manhattan Avenue, New York City, NY 11211

Residential, New York City, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market69

Property Features for 381 Manhattan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 5
Pets allowed Dogs OK
Subdivision East Williamsburg
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 14760

Building Details

Year built 1931
Floors in Building 3
Number of units 5
Listing Agency: Brick & Mortar LLC
Listed By: David Soltero · License #10401291435
Added: Jul 1 Changed: Sep 7 Last Checked: Sep 7 at 3:06PM
MLS# RSFT-110000000373

Copyright © 2026 RESoft, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story apartment building contains five residential units and is being offered completely vacant. The layout includes a three-bedroom apartment on the first floor with exclusive use of a private backyard, plus four one-bedroom apartments distributed between the second and third floors. The units are described as livable and ready for occupancy, while cosmetic improvements may be considered as part of a renovation plan.

The property occupies a 25' x 100' lot, equal to 0.0574 acres, at 381 Manhattan Avenue in New York City. Built in 1931, the building provides a defined residential configuration with flexibility for leasing, renovation, or repositioning based on the purchaser’s plans.

Key Highlights

  • Five‑unit apartment building delivered 100% vacant
  • Three‑story building constructed in 1931
  • Unit mix includes one three‑bedroom and four one‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Auto Parts Store Adult Day Care Pet Grooming Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,990
Businesses Nearby

Demographics for 11211, NY

68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value

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?
Apartment building - Three-story residential property delivered vacant with a five-unit layout and a mix of one- and three-bedroom apartments.
Where is this apartment building located?
The property is located at 381 Manhattan Avenue New York City, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Five‑unit apartment building delivered 100% vacant; Three‑story building constructed in 1931; Unit mix includes one three‑bedroom and four one‑bedroom apartments
More about this property
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