East Flatbush Multi-Family
Withheld Road, Brooklyn, NY 11203
MULTI_FAMILY - Brooklyn, NY
Property size:
2,881 SFLot size:
0.11 AcresPrice / SF:
$485/SF- Added:
- Apr 15, 2026
- Days on Market:
- 47
- Last Refresh:
- May 31 at 1:06 pm
Property Features for Withheld Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 1, Bedroom 8
- Parking features
- Garage - Detached
- Patio and Porch features
- Porch
- Interior features
- A/C Unit - Wall, A/C Unit - Window, Microwave, Porch, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,881 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9312
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Laminate, Hardwood
- Roof type
- Shingle
Listing agent Samuel Bernadeau (718) 692-2010
Listing office Kingsview Realty Corp. 4713 Avenue N, Brooklyn, NY (718) 692-2010
Listing date Apr 15, 2026
MLS# 500528
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
- Multi‑family home with three units offering immediate rental income potential.
- Large 5,000 sq ft corner lot (50x100) in East Flatbush, Brooklyn.
- Includes a detached garage.
- Convenient access to transportation (2/5 trains, B8, B35, B44, B6 buses).
- Close proximity to essential amenities.
- Classic 1930s frame residence suitable for primary residence or full‑scale transformation.
Overview
Located in East Flatbush, Brooklyn, this three-story multi-family home presents an investment opportunity. The 1930s frame residence is configured as a three-unit home, offering rental income potential or transformation into a primary residence. The property includes a full basement and a detached garage. Situated on a 5,000-square-foot corner lot (50x100), the property is located in the East Flatbush neighborhood of Brooklyn, New York. The surrounding yard is suitable for gatherings or private use. Transportation options include the 2 and 5 trains, as well as the B8, B35, B44, and B6 buses. Nearby amenities include grocers, a supermarket, a laundromat, Asian cuisine, a barber/salon, places of worship, and daycares. The Church Avenue and Nostrand Avenue shopping corridors are also nearby. The property is zoned R4.
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 | $163.2k | $56.64 |
| − Vacancy | −$3.3k | −$1.13 |
| EGI | $159.9k | $55.51 |
| − OpEx | −$72.0k | −$24.98 |
| NOI | $88.0k | $30.53 |
2,881 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.26M
$1.10M – $1.47M
NOI $87,954 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.39M
$2.09M – $2.78M
NOI $166,983 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Multifamily properties
Map
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.934
- Latitude
- 40.6498
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three-unit home on a 5,000 sq ft corner lot.
Where is this multifamily property located?
The property is located at Withheld Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Multi‑family home with three units offering immediate rental income potential.; Large 5,000 sq ft corner lot (50x100) in East Flatbush, Brooklyn.; Includes a detached garage.
