Six-Family Apartment
For Sale
$1,890,000
858 Hart Street, Brooklyn, NY 11237
Residential, Brooklyn, NY
Property Size5,250 SF
Lot Size0.06 Acres
Price / SF$360
Days on Market148
Property Features for 858 Hart Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6
Interior features
Refrigerator, Stove
Basement
Unfinished
Subdivision
Bushwick
Standard status
Active
Size
5,250 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11360
Building Details
Year built
1931
Floors in Building
3
Number of units
6
Flooring type
Hardwood
Building materials
Block, Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
May Xu
(917) 708-9966
Added: May 21
Changed: Oct 13
Last Checked: Oct 15 at 11:06AM
MLS# 501654
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.
Investment Insights
Based on property information with market context.
This six-family apartment building at 858 Hart Street contains 5,250 square feet and was built in 1931. The property includes three recently renovated apartments with refreshed kitchens, bathrooms, flooring, and finishes. Interior features include refrigerators and stoves, while hardwood flooring, brick and block construction, and a flat roof add to the building’s physical profile. The layout includes six bathrooms.
The property is located in Brooklyn’s Bushwick area, within convenient reach of the DeKalb L train and Knickerbocker M train. Shopping, restaurants, parks, and other local amenities are nearby. R6 zoning supports the property’s multifamily classification.
The property is located in Brooklyn’s Bushwick area, within convenient reach of the DeKalb L train and Knickerbocker M train. Shopping, restaurants, parks, and other local amenities are nearby. R6 zoning supports the property’s multifamily classification.
Key Highlights
- Six‑family residential building at 858 Hart Street, Brooklyn, NY 11237
- 5,250 square feet on a 0.0574‑acre lot
- Three recently renovated apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,277
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,205,540
$3.2M
Cap Rate 7%
$2,289,671
$2.3M
Cap Rate 9%
$1,780,856
$1.8M
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$297.4K $56.64/SF
− Vacancy
−$5.9K −$1.13/SF
EGI
$291.4K $55.51/SF
− OpEx
−$131.1K −$24.98/SF
NOI
$160.3K $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%
$3,205,540
Cap Rate 7%
$2,289,671
Cap Rate 9%
$1,780,856
Alternative Uses
Best Use
Apartment 5plus
$2.29M
$2.00M – $2.67M
NOI $160,277 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.35M
$3.80M – $5.07M
NOI $304,290 @ 7.0% cap · market cap 16.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5,949
Businesses Nearby
Explore this area
Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with three renovated apartments, hardwood flooring, and access to nearby shopping, restaurants, parks, and transit.
Where is this apartment building located?
The property is located at 858 Hart Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Six‑family residential building at 858 Hart Street, Brooklyn, NY 11237; 5,250 square feet on a 0.0574‑acre lot; Three recently renovated apartments
