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Multifamily Building for Gut Renovation
For Sale
$2,100,000

889 Saint Marks Avenue Brooklyn, Ny, NY 11213

Multifamily building with gut renovation needs, featuring seven vacant units and one month-to-month occupied unit.

Property Size6,470 SF
Price / SF$324.57
Days on Market119

Property Features for 889 Saint Marks Avenue Brooklyn

General Information

Standard status Active
Size 6,470 SF
Zoning R6

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $22,435

Amenities

Full
Yes
Public
No
On Street
6470

Building Details

Building Size 6,470 SF
Year Built 1905
Listing Agency: Urban Vue Properties, Inc.
Listed By: Andrew Boodhoo
Source: Parkassets
Added: Apr 28 Changed: Aug 23 Last Checked: Aug 24 at 3:20AM

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 Urban Vue Properties, Inc.

Investment Insights

Based on property information with market context.

This multifamily building is in need of a gut renovation. The property has seven units currently vacant, with one additional unit occupied on a month-to-month basis, creating an ownership profile that can support renovation and reconfiguration.

Located at 889 Saint Marks Ave in Brooklyn, NY 11213, the surrounding area is supported by strong alternative transportation scores, including a BikeScore of 86, WalkScore of 93, and TransitScore of 100.

As presented, the building offers a clear starting point for a buyer planning substantial interior work, with the majority of units available to support renovation scheduling.

Key Highlights

  • Multifamily building built in 1905
  • Seven units are vacant and ready for renovation
  • One unit is currently occupied on a month‑to‑month basis

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic 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.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,848
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building with gut renovation needs, featuring seven vacant units and one month-to-month occupied unit.
Where is this apartment building located?
The property is located at 889 Saint Marks Avenue Brooklyn Ny, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Multifamily building built in 1905; Seven units are vacant and ready for renovation; One unit is currently occupied on a month‑to‑month basis
More about this property
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