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14-Unit Apartment Building
For Sale
Contact for pricing
Pending

511 Eastern Pkwy, Brooklyn, NY 11216

Multifamily property with one-, two-, and three-bedroom apartments near subway and bus service.

Property SizeContact for details
Days on Market150

Property Features for 511 Eastern Pkwy

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 11 x 1BR, 2 x 2BR, 1 x 3BR
Multifamily Units 14

Additional Details

Public Transit Yes
Listing Agency: Excell Choice Realty
Listed By: Learie Cunningham · License #NY
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 7 at 4:32AM

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 Excell Choice Realty

Investment Insights

Based on property information with market context.

This 14-unit apartment building in Crown Heights includes 11 one-bedroom apartments, two two-bedroom apartments, and one three-bedroom apartment. The unit mix provides a range of residential configurations within a single multifamily property.

The property is located at 511 Eastern Pkwy in Brooklyn, near service on the 2, 3, and 4 subway lines as well as local buses. Its Crown Heights setting and proximity to multiple transit options are central features of the offering.

Key Highlights

  • 14‑unit apartment building in Crown Heights, Brooklyn
  • Unit mix includes 11 one‑bedroom apartments, 2 two‑bedroom apartments, and 1 three‑bedroom apartment
  • Near the 2, 3, and 4 subway lines

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Nursing Home Auto Parts Store

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

5,783
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
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 - Multifamily property with one-, two-, and three-bedroom apartments near subway and bus service.
Where is this apartment building located?
The property is located at 511 Eastern Pkwy Brooklyn, NY.
What are key features of this property?
This property features: 14‑unit apartment building in Crown Heights, Brooklyn; Unit mix includes 11 one‑bedroom apartments, 2 two‑bedroom apartments, and 1 three‑bedroom apartment; Near the 2, 3, and 4 subway lines
More about this property
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