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6-Unit Brownstone Apartment Building
For Sale
$3,950,000

5 Cambridge Pl, Brooklyn, NY 11238

The vacant residence includes a full cellar and original architectural details, including marble fireplaces and ornamental medallions.

Property Size3,600 SF
Price / SF$1,097
Days on Market58

Property Features for 5 Cambridge Pl

General Information

Standard status Active
Size 3,600 SF
Property subtype Multi-Unit (5+)

Building Details

Year Built 1873
Listing Agency: FLATEAU REALTY CORP
Listed By: Jeffrey Grannum
Source: Gosenproperties
Added: Sep 4 Changed: Oct 28 Last Checked: Oct 28 at 4:30PM

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 FLATEAU REALTY CORP

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Investment Insights

Based on property information with market context.

This four-story brownstone apartment building was constructed in 1873 and contains six vacant dwelling units. The property has 3,600 square feet of living area on a 2,000-square-foot lot, plus a full cellar of approximately 900 gross square feet below grade. Interior details include high ceilings, ornamental medallions, large windows and seven marble fireplaces.

At 5 Cambridge Place in Brooklyn’s Clinton Hill Historic District, the building is near Fulton Street, Atlantic Avenue, Pratt Institute and Fort Greene Park. Transit options serve connections to Manhattan and other parts of Brooklyn.

The property is in an R6B zoning district. The remarks cite a 4,000-square-foot living-area allowance, subject to architect verification, and approximately 400 square feet of potential development rights. The NYC Finance Department classifies it as a C2 five-to-six-family residence.

Key Highlights

  • Six vacant dwelling units in a four‑story brownstone
  • 3,600 square feet of living area on a 2,000‑square‑foot lot
  • Full below‑grade cellar of approximately 900 gross square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

5,988
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The vacant residence includes a full cellar and original architectural details, including marble fireplaces and ornamental medallions.
Where is this apartment building located?
The property is located at 5 Cambridge Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Six vacant dwelling units in a four‑story brownstone; 3,600 square feet of living area on a 2,000‑square‑foot lot; Full below‑grade cellar of approximately 900 gross square feet
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