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Renovated Apartment Building
For Sale
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Pending

481 Hicks Street, Brooklyn, NY 11231

Four-story multifamily asset with on-site storage and laundry facilities in an occupied residential building.

Property Size5,900 SF
Days on Market147

Property Features for 481 Hicks Street

General Information

Standard status Pending
Size 5,900 SF
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 8

Amenities

storage
laundry

Building Details

Buildings 1
Stories 4
Listing Agency: Gaia Property Group
Listed By: Shay Zach · License #NY 30ZA1105558
Source: Crexi
Added: Apr 10 Changed: Sep 1 Last Checked: Sep 1 at 6:16AM

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 Gaia Property Group

Investment Insights

Based on property information with market context.

This four-story apartment property contains approximately 5,900 square feet and eight units. Building amenities include storage and laundry facilities, while the property has been fully renovated and is currently occupied.

Located at 481 Hicks Street in Brooklyn’s Cobble Hill neighborhood, the building is within walking distance of Bergen Street station, served by the F and G subway lines.

Key Highlights

  • Four‑story apartment building with approximately 5,900 square feet
  • Eight‑unit residential property
  • Fully renovated building

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

7,239
Businesses Nearby

Demographics for 11231, NY

37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
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 - Four-story multifamily asset with on-site storage and laundry facilities in an occupied residential building.
Where is this apartment building located?
The property is located at 481 Hicks Street Brooklyn, NY.
What are key features of this property?
This property features: Four‑story apartment building with approximately 5,900 square feet; Eight‑unit residential property; Fully renovated building
More about this property
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