For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Eight-Unit Apartment Building Title is generated by Realmo AI

    567 Saint Johns Place 8 Brooklyn, Ny, NY 11238

    View on Map
    Claim this Listing
    New
    For Sale
    $2,100,000

    Eight 2-bedroom, 1-bath units in an apartment building with no retail store unit.

    Property size:
    5,720 SF
    Price / SF:
    $367/SF
    Added:
    Jul 8, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 9 at 1:55 am

    Property Features for 567 Saint Johns Place 8 Brooklyn

    General Information

    Standard status
    Active
    Size
    5,720 SF

    Building Details

    Year Built
    1909

    We can help!

    Contact an agent
    Michael Dunstan
    Michael Dunstan

    Listing office RE/MAX Town & Country

    Listing date Jul 8, 2026

    Source Town-and-country-fishkill-ny.remax

    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 RE/MAX Town & Country

    HighLights

    • 4‑story apartment building built in 1909 with a full basement
    • Eight units total: each apartment is a 2‑bedroom, 1‑bath layout
    • No retail/store unit included—property has residential units only
    • Building area total is 5,720 (per provided listing data)
    • Water source is public; intercom equipment included

    Overview

    This eight-unit apartment building is classified as an 8-family property and contains units that are all configured as 2 bedrooms and 1 bathroom. The building is described as having no store unit, making it strictly residential in nature.

    The property is conveniently located near public transportation.

    Offered for sale as a residential income property, the building’s current unit mix is consistent across all apartments, each with the same two-bedroom, one-bath layout.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $342.5k $59.88
    − Vacancy −$17.1k −$2.99
    EGI $325.4k $56.89
    − OpEx −$146.4k −$25.60
    NOI $179.0k $31.29
    5,720 SF · lease $59.88/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.56M
    $2.24M – $2.98M (±1% cap)
    NOI $178,963 @ 7.0% cap · market cap 8.52%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $14.24M
    $12.46M – $16.61M (±1% cap)
    NOI $996,653 @ 7.0% cap · market cap 47.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Pet Grooming Service Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care Buffet (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ny
    County
    New York
    State
    New York
    Longitude
    -73.9638
    Latitude
    40.6804

    FAQs

    What type of property is this?
    Apartment building - Eight 2-bedroom, 1-bath units in an apartment building with no retail store unit.
    Where is this apartment building located?
    The property is located at 567 Saint Johns Place 8 Brooklyn Ny, NY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 4‑story apartment building built in 1909 with a full basement; Eight units total: each apartment is a 2‑bedroom, 1‑bath layout; No retail/store unit included—property has residential units only
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message