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Three-Family Residential Income
For Sale
$2,800,000

506 Avenue C, Brooklyn, NY 11218

Three spacious apartments with two bedrooms each, offering an income-focused residential setup in Brooklyn.

Property Size2,078 SF
Days on Market143

Property Features for 506 Avenue C

General Information

Standard status Active
Size 2,078 SF
Property subtype Multi Family Home
Zoning R5

Additional Details

Multifamily Units 3

Building Details

Building Size 2,078 SF
Year Built 1925
Stories 3
Tenancy Multi
Listing Agency: Keller Williams Realty Staten
Listed By: Valerie Vargas
Source: Michaelfraulo
Added: Apr 20 Changed: Sep 8 Last Checked: Sep 8 at 6:22AM

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 Keller Williams Realty Staten

Investment Insights

Based on property information with market context.

This three-family home features three spacious apartments, each designed with two bedrooms. The property is arranged as residential income housing and offers a straightforward, multi-unit configuration for ownership.

Located at 506 Avenue C in Brooklyn, the home sits on a block in Kennington, with access to local shops, restaurants, and convenient transportation options nearby.

For buyers seeking a small residential income asset, the key functional takeaway is that the building is organized into three separate apartments with two-bedroom layouts across the units.

Key Highlights

  • Built in 1925, this three‑family home features three spacious residential apartments.
  • Each apartment includes two bedrooms, offering a consistent unit layout across the property.
  • Income‑focused residential setup in Brooklyn with three apartments total.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,012
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
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?
Triplex - Three spacious apartments with two bedrooms each, offering an income-focused residential setup in Brooklyn.
Where is this triplex located?
The property is located at 506 Avenue C Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Built in 1925, this three‑family home features three spacious residential apartments.; Each apartment includes two bedrooms, offering a consistent unit layout across the property.; Income‑focused residential setup in Brooklyn with three apartments total.
More about this property
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