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Six-Unit Multifamily Building
For Sale
$1,700,000

542 Bergen Street, Brooklyn, NY 11217

Each apartment has separate gas and electric meters, alongside shared access to a rear yard.

Property Size5,652 SF
Lot Size0.08 Acres
Price / SF$300.78
Days on Market406

Property Features for 542 Bergen Street

General Information

Standard status Active
Size 5,652 SF
Lot size 0.08 Acres
Property subtype Commercial
Zoning R6B

Units

Unit Mix 6 x 3BR/1BA
Multifamily Units 6
Individually Metered Utilities gas, electric

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $13,152

Amenities

shared yard
security camera system

Building Details

Building Size 5,652 SF
Year Built 1931
Stories 3
Units 6
Listing Agency: Stonegate Real Estate
Listed By: Anthony M. Ponte
Source: Croninreale
Added: Sep 16, 2025 Changed: Oct 25 Last Checked: Oct 26 at 3:56AM

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 Stonegate Real Estate

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Investment Insights

Based on property information with market context.

This 5,652-square-foot multifamily property contains six apartments, each configured with three bedrooms and one bathroom. The 25' x 131' lot includes a shared yard behind the building. A full basement houses the utilities, and an eight-camera security system serves the property. The roof was replaced in 2023; the building also has a boiler and hot water heater.

Located in Prospect Heights, Brooklyn, the property is near Barclays Center, neighborhood restaurants, cafés, shops, and cultural destinations. Subway service is available nearby. The building dates to 1931 and is zoned R6B.

Key Highlights

  • Six apartments, each with three bedrooms and one bathroom
  • 5,652 square feet on a 25' x 131' lot
  • Separate gas and electric meters for each unit

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

8,517
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
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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 - Each apartment has separate gas and electric meters, alongside shared access to a rear yard.
Where is this apartment building located?
The property is located at 542 Bergen Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Six apartments, each with three bedrooms and one bathroom; 5,652 square feet on a 25' x 131' lot; Separate gas and electric meters for each unit
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