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Multifamily Apartment Building
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864 49th St, Brooklyn, NY 11219

Residential income property in Borough Park, Brooklyn, suited for buyers seeking multifamily housing in a dense community.

Property Size209,380 SF
Days on Market105

Property Features for 864 49th St

General Information

Standard status Active
Size 209,380 SF
Property subtype Multifamily

Building Details

Buildings 6
Units 229
Listing Agency: Ariel Property Advisors
Listed By: Victor Sozio · License #NY 10301211469
Source: Crexi
Added: May 27 Changed: Sep 7 Last Checked: Sep 6 at 11:50PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

This offering is a multifamily apartment building in Brooklyn, listed as a residential income property. The asset is presented for sale with a total property size of 209,380 square feet, supporting a larger-scale residential use.

The building is located at 864 49th St in Borough Park, a neighborhood known for its busy shopping streets, strong cultural traditions, and family-oriented atmosphere. Borough Park is also characterized as one of New York City’s most densely populated areas, with a well-developed mix of local services and community institutions.

For investors and buyers looking at residential income opportunities, this property provides a straightforward multifamily format in a high-density Brooklyn neighborhood. The combination of a sizable building and its location within Borough Park’s retail and community environment may appeal to those seeking a residential portfolio asset positioned in an established area.

Key Highlights

  • Residential income property in Borough Park, Brooklyn
  • Suites buyers seeking multifamily housing in a densely populated NYC neighborhood

Property Analytics

Current Use

Amazon Locker - Armour Postal Service Gooden Sandra M Physician

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.

Location Intelligence

Trade Area within ½ mile

7,809
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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 - Residential income property in Borough Park, Brooklyn, suited for buyers seeking multifamily housing in a dense community.
Where is this apartment building located?
The property is located at 864 49th St Brooklyn, NY.
What are key features of this property?
This property features: Residential income property in Borough Park, Brooklyn; Suites buyers seeking multifamily housing in a densely populated NYC neighborhood
(212) 544-9500 Call to check price and availability
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