778 Livonia Ave Brooklyn, NY 11207
Fully occupied, 16-unit multifamily building near Van Siclen Avenue.
Type:Multifamily
- Added:
- Mar 2, 2026
- Days on Market:
- 30
- Last Refresh:
- Mar 16 at 1:58 pm
Property Features for 778 Livonia Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 2016
Listing agent Maha Alaoui License #10401392848
Listing office Landair Property Advisors
Listing date Mar 2, 2026
Source Crexi
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 Landair Property Advisors
Overview
Brooklyn Multifamily Building Near Transit
The property at 778-780 Livonia Avenue features two fully occupied, 8-unit multifamily buildings in East New York, Brooklyn. Constructed in 2016, the property is located one minute from the Van Siclen Avenue 3 Train station. The building contains 14 one-bedroom apartments and 2 studios, all featuring modern layouts and efficient construction. Tenants are responsible for their own heat, which contributes to a controlled expense profile. The buildings are fully rent stabilized and benefit from a 421a tax abatement through 2031, and are protected under Tax Class 2B. The annual taxes are $489 for 2026/2027. The property has a current NOI of $300,263.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.888029
- Latitude
- 40.665421
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied, 16-unit multifamily building near Van Siclen Avenue.
Where is this apartment building located?
The property is located at 778 Livonia Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 8.1% Cap Rate and $300,263 NOI provides strong in‑place cash flow; 421a tax abatement in place until 2031 results in exceptionally low annual taxes of only $489; Located one minute from the Van Siclen Avenue (3 Train) providing excellent transit access
