Renovated Six-Family Brick
For Sale
$1,649,000
6909 15th Avenue, Brooklyn, NY 11228
Residential, Brooklyn, NY
Property Size4,920 SF
Lot Size0.06 Acres
Price / SF$335.16
Days on Market1409
Property Features for 6909 15th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 9, Bedroom 6, Bathroom 2, Bedroom 11, Bedroom 2, Bedroom 10, Bedroom 5, Bedroom 12, Bathroom 6, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 7, Bathroom 4
Interior features
Stove
Basement
Full
Subdivision
Bensonhurst
Standard status
Active
Size
4,920 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
18371
Building Details
Year built
1924
Floors in Building
3
Number of units
6
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Real Estate Professiona
Listed By:
Vito Angelo
(718) 532-2000
Added: Dec 20, 2022
Changed: Oct 23
Last Checked: Oct 29 at 8:06AM
MLS# 470681
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,920-square-foot multifamily property contains six legal residential units within a brick building constructed in 1924. The building has undergone a total renovation and includes 12 bedrooms and 6 bathrooms. Interior finishes include tile and hardwood flooring, with stoves among the listed features. A new roof and new boiler are also part of the improvements.
The property occupies a 0.0604-acre lot at 6909 15th Avenue in Brooklyn, NY 11228. It is located one short block from transportation and is designated R5 for zoning purposes. The flat-roof configuration and six-unit layout provide a clearly defined residential income property profile.
The property occupies a 0.0604-acre lot at 6909 15th Avenue in Brooklyn, NY 11228. It is located one short block from transportation and is designated R5 for zoning purposes. The flat-roof configuration and six-unit layout provide a clearly defined residential income property profile.
Key Highlights
- Six legal residential units in a 4,920‑square‑foot brick building
- Total renovation completed, including a new roof and new boiler
- 12 bedrooms and 6 bathrooms
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.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,984
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - R5-zoned multifamily property with updated major systems and a compact Brooklyn lot.
Where is this apartment building located?
The property is located at 6909 15th Avenue 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: Six legal residential units in a 4,920‑square‑foot brick building; Total renovation completed, including a new roof and new boiler; 12 bedrooms and 6 bathrooms
