Renovated 6-Family Building in
For Sale
$1,649,000
6909 15th Ave, Brooklyn, NY 11228
Completely renovated 6-family building in a desirable Bensonhurst location.
Property Size4,920 SF
Lot Size0.06 Acres
Days on Market307
Property Features for 6909 15th Ave
General Information
Standard status
Active
Size
4,920 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$18,371
Building Details
Building Size
4,920 SF
Year Built
1924
Stories
3
Listing Agency:
Remax Real Estate Professionals
Listed By:
Billy Apter · License #BEA5721
(718) 532-2000
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 14
Last Checked: Apr 28 at 9:56PM
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 Remax Real Estate Professionals
Investment Insights
Based on property information with market context.
This is a solid brick, fully renovated legal 6-family building located in a desirable area of Bensonhurst. The property features a new roof and a new boiler. It is situated one block from transportation.
Key Highlights
- Tremendous rent roll, a fantastic investment opportunity.
- Legal 6 family building, offering a stable income stream.
- Totally renovated units, attract tenants seeking modern living.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,202
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,040
$3.0M
Cap Rate 7%
$2,145,743
$2.1M
Cap Rate 9%
$1,668,911
$1.7M
Market Conditions
NOI Build-Up for 4,920 SF
Gross rent
$278.7K $56.64/SF
− Vacancy
−$5.6K −$1.13/SF
EGI
$273.1K $55.51/SF
− OpEx
−$122.9K −$24.98/SF
NOI
$150.2K $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%
$3,004,040
Cap Rate 7%
$2,145,743
Cap Rate 9%
$1,668,911
Alternative Uses
Best Use
Apartment 5plus
$2.15M
$1.88M – $2.50M
NOI $150,202 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.07M
$3.56M – $4.75M
NOI $285,163 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Completely renovated 6-family building in a desirable Bensonhurst location.
Where is this apartment building located?
The property is located at 6909 15th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Tremendous rent roll, a fantastic investment opportunity.; Legal 6 family building, offering a stable income stream.; Totally renovated units, attract tenants seeking modern living.
