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Eight-Unit Walk-Up Apartment Building
For Sale
Contact for pricing
Pending

428 Hicks St, Brooklyn, NY 11201

Four-story multifamily property with a two-car garage, resident balconies, and a shared roof deck.

Property SizeContact for details
Days on Market142

Property Features for 428 Hicks St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Units

Unit Mix 7 x 2BR, 1 x 1BR
Multifamily Units 8

Additional Details

Sprinkler System Yes

Amenities

common roof deck

Building Details

Year Built 2004
Buildings 1
Stories 4
Listing Agency: RE/MAX Elite
Listed By: Allen Ng · License #NY 10301204729
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:48PM

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 Elite

Investment Insights

Based on property information with market context.

This four-story walk-up multifamily building contains eight family apartments, including seven two-bedroom units and one one-bedroom unit. One apartment includes a terrace, while six have balconies. The property also features a two-car garage and a common roof deck. Separate heating and hot water systems serve each apartment, and the building has a sprinkler system throughout along with security cameras. Interior finishes include galley kitchens with granite countertops and dishwashers, plus tile and wood flooring.

Constructed in 2004, the property is located in the Cobble Hill and Carroll Gardens area of Brooklyn, close to shopping and transportation. It is one block from Columbia Street and the Waterfront district. A tax abatement remains in place through 2030. The property is positioned for an owner-user or 1031 exchange buyer.

Key Highlights

  • eight (8) family apartments in a four‑story walk‑up building
  • Unit mix includes seven two (2Br) apartments and one one (1Br) apartment
  • Two car garage and common roof deck

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Nursing Home Auto Parts Store Home Appliance Store Adult Day Care Pet Grooming Service Tanning 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

8
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

8,091
Businesses Nearby

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
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 - Four-story multifamily property with a two-car garage, resident balconies, and a shared roof deck.
Where is this apartment building located?
The property is located at 428 Hicks St Brooklyn, NY.
What are key features of this property?
This property features: eight (8) family apartments in a four‑story walk‑up building; Unit mix includes seven two (2Br) apartments and one one (1Br) apartment; Two car garage and common roof deck
(718) 690-3900 Call to check price and availability
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