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    Brooklyn Multifamily Investment Opportunity Title is generated by Realmo AI

    858 Hart Street, Brooklyn, NY 11237

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    Claim this Listing
    For Sale
    $1,890,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    5,250 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $360/SF
    Added:
    May 21, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 7 at 4:06 pm

    Property Features for 858 Hart Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6
    Bathrooms
    6
    Rooms
    Bathroom 6, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 1
    Interior features
    Refrigerator, Stove
    Basement
    Unfinished
    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

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    Contact an agent
    Chao Min (May) Xu

    Listing agent Chao Min (May) Xu

    Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

    Listing date May 21, 2026

    MLS# 501654 Listing URL

    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.

    HighLights

    • Well‑maintained 6‑family residential building at 858 Hart St, Brooklyn, NY 11237
    • 3 recently renovated apartments with updated kitchens, bathrooms, flooring, and finishes
    • Construction with block and brick, built in 1931
    • Flat roof and hardwood flooring
    • Units include kitchen appliances such as a refrigerator and stove

    Overview

    This is an excellent investment opportunity located in the heart of Bushwick. The well-maintained 6-family residential building is located at 858 Hart St, Brooklyn, NY 11237. The property features 3 recently renovated apartments with updated kitchens, bathrooms, flooring, and finishes. The property has strong rental income potential with convenient access to the DeKalb L train and Knickerbocker M train, supporting high tenant demand in the area. The lot size is 0.0574 acres. The property size is 5250 square feet. The zoning is R6. Close to shopping, restaurants, parks, and local amenities, this is an ideal opportunity for investors seeking a stable asset in one of Brooklyn's most active rental markets.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $297.4k $56.64
    − Vacancy −$5.9k −$1.13
    EGI $291.4k $55.51
    − OpEx −$131.1k −$24.98
    NOI $160.3k $30.53
    5,250 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.29M
    $2.00M – $2.67M (±1% cap)
    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 (±1% cap)
    NOI $304,290 @ 7.0% cap · market cap 16.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Acupuncture Veterinary Clinic Travel Agency Nursing Home Tanning Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.921992
    Latitude
    40.702329

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-family building in Bushwick with strong rental income.
    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: Well‑maintained 6‑family residential building at 858 Hart St, Brooklyn, NY 11237; 3 recently renovated apartments with updated kitchens, bathrooms, flooring, and finishes; Construction with block and brick, built in 1931
    More about this property
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