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Brooklyn Multifamily Property For Sale
For Sale
$1,895,000
Pending

84 Himrod St, Brooklyn, NY 11221

Multifamily property available in Brooklyn, New York.

Property Size3,575 SF
Lot Size0.05 Acres
Days on Market318

Property Features for 84 Himrod St

General Information

Standard status Pending
Size 3,575 SF
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,688

Building Details

Building Size 3,575 SF
Year Built 1920
Units 3
Listed By: Andrew Corso
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 3 Last Checked: Oct 11 at 6:07AM

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 Andrew Corso

Investment Insights

Based on property information with market context.

A multifamily property located in Brooklyn, New York, is available for sale. The list price is $1,999,990.

Key Highlights

  • YearBuilt: 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$109,141
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,182,820 $2.2M
Cap Rate 7%
$1,559,157 $1.6M
Cap Rate 9%
$1,212,678 $1.2M
Market Conditions
NOI Build-Up for 3,575 SF
Gross rent
$202.5K $56.64/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$198.4K $55.51/SF
− OpEx
−$89.3K −$24.98/SF
NOI
$109.1K $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%
$2,182,820
Cap Rate 7%
$1,559,157
Cap Rate 9%
$1,212,678

Alternative Uses

Best Use
Apartment 5plus
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $109,141 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.96M
$2.59M – $3.45M (±1% cap)
NOI $207,207 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Auto Parts Store Accounting Firm Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,996
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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 84 Himrod St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: YearBuilt: 1920
More about this property
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