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Four-Unit Multifamily Property
For Sale
$2,150,000

550 Hart Street, Brooklyn, NY 11221

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market105

Property Features for 550 Hart Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features Off Street
Interior features Eat-in Kitchen
Basement Finished
Elementary school Ps 376
Middle school Jhs 383 Philippa Schuyler
High school Bushwick Leaders High School For Academic Excelle
Elementary school district Brooklyn 32
Middle school district Brooklyn 32
High school district Brooklyn 32
Standard status Active
APN 03226-0015
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13630

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1931
Number of units 4
Listing Agency: Keller Williams Landmark II · Keller Williams Realty
Listed By: Lotfi Chortani · License #10301220255
Added: May 26 Changed: Aug 19 Last Checked: Sep 7 at 9:06PM
MLS# 1004910

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 four-family residential property occupies a 0.056-acre lot and was built in 1931. The building includes eat-in kitchen space, a basement, central air conditioning, and natural-gas heating. Off-street parking is provided, while public water and public sewer serve the property.

Located at 550 Hart Street in Brooklyn, the property is near the Central Ave M train, with restaurants, shopping, parks, and nightlife in the surrounding area. Its four-family configuration provides a clearly defined residential income property format in Bushwick.

Key Highlights

  • Four‑family property at 550 Hart Street, Brooklyn, NY 11221
  • 0.056‑acre lot
  • Built in 1931

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Nursing Home

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

6,013
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
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?
Quadplex - Residential building with central air, off-street parking, and public water and sewer service.
Where is this quadplex located?
The property is located at 550 Hart Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four‑family property at 550 Hart Street, Brooklyn, NY 11221; 0.056‑acre lot; Built in 1931
More about this property
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