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Three-Unit Multifamily Building
For Sale
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898 Belmont Ave, Brooklyn, NY 11208

Three-story, three-unit building with separate gas boilers, hot water heaters, and front and back yards.

Property SizeContact for details
Days on Market127

Property Features for 898 Belmont Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

front yard
back yard
basement

Building Details

Stories 3
Tenancy Multi
Listing Agency: Brown Harris Stevens
Listed By: Kervin Vales · License #109918089
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 1:44PM

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 Brown Harris Stevens

Investment Insights

Based on property information with market context.

This three-story, three-unit multifamily building is 20 feet wide and includes a ground-floor three-bedroom, a second-floor two-bedroom, and a third-floor four-bedroom apartment. The ground-floor unit has floor-through layout with access to the back yard. The property also features front and back yards and a basement. Throughout the apartments there are hardwood floors, and the kitchens are described as modern with stainless steel appliances and cherry wood countertops.

The building is described as being three blocks from the A train station and about eight minutes from Gateway Mall. Each unit is individually metered, with each floor paying its own light and cooking gas. Every unit has its own gas boiler and hot water heater.

At the time of sale, the first-floor space has two rooms occupied, while the second-floor two-bedroom unit and the third-floor four-bedroom apartment are vacant. The property is sold as-is condition.

Key Highlights

  • 3‑unit, three‑story building (20' wide) with a 3‑bedroom floor‑through unit on the ground floor
  • Ground floor unit has access to the back yard; plus front and back yards and a basement
  • Second‑floor unit is a 2‑bedroom apartment; third‑floor unit is a 4‑bedroom apartment

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,900
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
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?
Multifamily property - Three-story, three-unit building with separate gas boilers, hot water heaters, and front and back yards.
Where is this multifamily property located?
The property is located at 898 Belmont Ave Brooklyn, NY.
What are key features of this property?
This property features: 3‑unit, three‑story building (20' wide) with a 3‑bedroom floor‑through unit on the ground floor; Ground floor unit has access to the back yard; plus front and back yards and a basement; Second‑floor unit is a 2‑bedroom apartment; third‑floor unit is a 4‑bedroom apartment
(212) 396-8244 Call to check price and availability
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