Brooklyn Multifamily Property For
For Sale
$519,000
61 OLIVER Street 2A, Brooklyn, NY 11209
Multifamily property available in Brooklyn, New York.
Property Size1,100 SF
Price / SF$471.82
Days on Market334
Property Features for 61 OLIVER Street 2A
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Apartment
Building Details
Building Size
1,100 SF
Year Built
1954
Listing Agency:
The Agency Brokerage
Listed By:
DANIEL G HALL · License #10301217030
(917) 886-5459
Source:
Howardhannanyc
Added: Nov 27, 2025
Changed: Oct 26
Last Checked: Oct 26 at 11:00PM
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 The Agency Brokerage
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Investment Insights
Based on property information with market context.
A multifamily property located at 61 Oliver St 4P, Brooklyn, NY 11209, is available for sale.
Key Highlights
- Year Built: 1954
- Price: $11
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,582
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,640
$671.6K
Cap Rate 7%
$479,743
$479.7K
Cap Rate 9%
$373,133
$373.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$62.3K $56.64/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$61.1K $55.51/SF
− OpEx
−$27.5K −$24.98/SF
NOI
$33.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,640
Cap Rate 7%
$479,743
Cap Rate 9%
$373,133
Alternative Uses
Best Use
Apartment 5plus
$479.7K
$419.8K – $559.7K
NOI $33,582 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$910.8K
$797.0K – $1.06M
NOI $63,756 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,817
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property available in Brooklyn, New York.
Where is this multifamily property located?
The property is located at 61 OLIVER Street 2A Brooklyn, NY.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Year Built: 1954; Price: $11
