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

542 Bergen Street, Brooklyn, NY 11217

Commercial Sale, Brooklyn, NY

Property Size5,652 SF
Lot Size0.08 Acres
Price / SF$300.78
Days on Market368

Property Features for 542 Bergen Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Rooms Basement
Basement Walk-Out Access, Full
Lot features Back Yard, Near School, Near Shops
Elementary school district Brooklyn 13
Middle school district Brooklyn 13
High school district Brooklyn 13
Standard status Active
APN 01143-0042
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13152

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

security camera system
shared yard

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Stonegate Real Estate
Listed By: Anthony M. Ponte
Added: Sep 16, 2025 Changed: Sep 17 Last Checked: Sep 18 at 12:06AM
MLS# 913438

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,652-square-foot brick apartment building contains six three-bedroom, one-bathroom residences on a 25' x 131' lot. Built in 1931, the property includes a full basement with utilities, public water and sewer service, natural-gas heating, and wall or window air-conditioning units. Gas and electric service are separately metered for each apartment. Building improvements include a roof replaced in 2023, a boiler, hot water heater, and an eight-camera security system. Residents also have access to a shared rear yard.

Located at 542 Bergen Street in Prospect Heights, Brooklyn, the property is near Barclays Center, restaurants, cafes, boutique shops, and cultural destinations. Nearby subway access connects the area with Manhattan and other parts of Brooklyn. The property is designated R6B and carries a 11217 postal code.

Key Highlights

  • Six apartments, each with 3 bedrooms and 1 bathroom
  • 5,652 square feet on a 25' x 131' lot
  • Roof replaced in 2023; boiler and hot water heater included

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Building Supply Auto Parts Store Butcher

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

6
Residential units
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Brick multifamily property with separately metered utilities, a full basement, and a shared 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 3 bedrooms and 1 bathroom; 5,652 square feet on a 25' x 131' lot; Roof replaced in 2023; boiler and hot water heater included
More about this property
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