Eight-Unit Multifamily
For Sale
Contact for pricing
Pending
421 EMPIRE BLVD, Brooklyn, NY 11225
Eight-unit multifamily property being sold as-is for income-focused ownership.
Property SizeContact for details
Days on Market97
Property Features for 421 EMPIRE BLVD
General Information
Standard status
Pending
Property subtype
Multifamily, Note/Loan
Additional Details
Multifamily Units
8
Listing Agency:
Rhenium Capital
Listed By:
Andre Cuadrado · License #FL BK3287912
Source:
Crexi
Added: Jun 2
Changed: Aug 16
Last Checked: Aug 15 at 9:28PM
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 Rhenium Capital
Investment Insights
Based on property information with market context.
This offering is an eight-unit multifamily building positioned for residential income ownership. The property is presented for sale on an as-is basis.
The building is located at 421 Empire Blvd in Brooklyn, New York. The available information describes the asset as an 8-unit UPB property and includes related financial context tied to the current listing.
For buyers and brokers underwriting residential income, the primary use here is straightforward: operation and management of eight residential units under an as-is sale structure. The provided remarks reference stabilized value and collateral value figures, which may be relevant to a buyer’s underwriting and decision-making. Prospective buyers should review the full terms and property details directly to confirm condition, unit mix, and operating assumptions as part of due diligence.
The building is located at 421 Empire Blvd in Brooklyn, New York. The available information describes the asset as an 8-unit UPB property and includes related financial context tied to the current listing.
For buyers and brokers underwriting residential income, the primary use here is straightforward: operation and management of eight residential units under an as-is sale structure. The provided remarks reference stabilized value and collateral value figures, which may be relevant to a buyer’s underwriting and decision-making. Prospective buyers should review the full terms and property details directly to confirm condition, unit mix, and operating assumptions as part of due diligence.
Key Highlights
- 8‑unit multifamily property
- Sold as‑is
- UPB of $2.8M with full payoff noted
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
5,509
Businesses Nearby
Explore this area
Business Placement
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property being sold as-is for income-focused ownership.
Where is this apartment building located?
The property is located at 421 EMPIRE BLVD Brooklyn, NY.
What are key features of this property?
This property features: 8‑unit multifamily property; Sold as‑is; UPB of $2.8M with full payoff noted
