Eight-Story Elevator Apartment
For Sale
Contact for pricing
558 Sackett Street, Brooklyn, NY 11215
Newly constructed multifamily property with free-market units, elevator service, and a 421a tax abatement.
Property SizeContact for details
Days on Market8
Property Features for 558 Sackett Street
General Information
Standard status
Active
Elevators
Yes
Property subtype
Multifamily
Occupancy
91%
Additional Details
Multifamily Units
34
Building Details
Year Built
2024
Buildings
1
Stories
8
Listing Agency:
Meridian Capital Group
Listed By:
David Schechtman · License #10301211874
(212) 468-5907
Source:
Crexi
Added: Sep 5
Changed: Sep 10
Last Checked: Sep 12 at 6:57AM
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 Meridian Capital Group
Investment Insights
Based on property information with market context.
Located at 558 Sackett Street in Brooklyn, this newly constructed apartment building was completed in 2024 and contains 34 units across eight stories. Elevator service supports the building’s vertical layout, while 24 units are designated as free-market apartments.
The property is positioned in the Boerum Hill/Gowanus corridor and is currently 91% occupied. A 35-year 421a tax abatement is in place, adding a defined tax-incentive component to the asset’s operating profile.
The property is positioned in the Boerum Hill/Gowanus corridor and is currently 91% occupied. A 35-year 421a tax abatement is in place, adding a defined tax-incentive component to the asset’s operating profile.
Key Highlights
- 34‑unit apartment building completed in 2024
- Eight‑story building with elevator service
- 24 free‑market units
Property Analytics
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Current Use
Lease Details
34
Residential units
91%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,693
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed multifamily property with free-market units, elevator service, and a 421a tax abatement.
Where is this apartment building located?
The property is located at 558 Sackett Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $28,000,000.
What are key features of this property?
This property features: 34‑unit apartment building completed in 2024; Eight‑story building with elevator service; 24 free‑market units
