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Renovated Apartment Building
For Sale
$2,390,000

842 43rd Street, Brooklyn, NY 11232

Multifamily property with varied apartment layouts, basement space, private parking, and multiple renovated units.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market210

Property Features for 842 43rd Street

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Multi Family Home
Zoning R6

Financials

Cap Rate 5%
Gross Income $184,224

Units

Unit Mix 5 x 3BR, 3 x 2BR, 1 x 1BR
Multifamily Units 9

Additional Details

Public Transit Yes

Building Details

Year Built 1924
Buildings 1
Construction brick
Listing Agency: E House Realty & Mgt. Inc.
Listed By: David Feng
Source: Michaelfraulo
Added: Jan 31 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

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 E House Realty & Mgt. Inc.

Investment Insights

Based on property information with market context.

This 1924 semi-detached brick apartment property contains nine residences across a varied unit mix: five three-bedroom apartments, three two-bedroom apartments, and one one-bedroom apartment. Four of the three-bedroom units have been renovated. The building measures 23 x 60, sits on a 30.75 x 100 lot, and includes a finished basement, private driveway, and three garages.

The property is located at 842 43rd Street in Brooklyn, near the D and M subway lines. R6 zoning applies, and the asset is offered for sale with a reported 5% cap rate.

Key Highlights

  • Nine apartments: 5 three‑bedroom, 3 two‑bedroom, and 1 one‑bedroom units
  • Four of the five three‑bedroom apartments are newly renovated
  • Finished basement, private driveway, and 3 garages

Property Analytics

Current Use

Uddin Jashim Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store

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

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

5,886
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value

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?
Apartment building - Multifamily property with varied apartment layouts, basement space, private parking, and multiple renovated units.
Where is this apartment building located?
The property is located at 842 43rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Nine apartments: 5 three‑bedroom, 3 two‑bedroom, and 1 one‑bedroom units; Four of the five three‑bedroom apartments are newly renovated; Finished basement, private driveway, and 3 garages
More about this property
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