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Brooklyn Multifamily Investment Opportunity
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Lawrence Ave, Brooklyn, NY 11230

Two six-family brick buildings in prime Brooklyn location.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market171

Property Features for Lawrence Ave

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Multifamily
Zoning R5, R7A

Building Details

Year Built 1930
Buildings 2
Listing Agency: EXP Realty
Listed By: Ira Landau · License #NY 10301222913
Source: Crexi
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 12 at 4:05AM

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 EXP Realty

Investment Insights

Based on property information with market context.

This offering presents an investment opportunity featuring two six-family brick buildings, situated side by side, and totaling 12 units in a Brooklyn location. The building mix comprises 11 two-bedroom units and 1 one-bedroom unit. The lot dimensions measure 48 x 100, while the building dimensions are 48 x 71. The property is zoned R5 / R7 OP, potentially offering long-term upside and future redevelopment possibilities.

Key Highlights

  • 12‑unit package deal of two six‑family brick buildings in a prime Brooklyn location
  • All tenants are current on rent with zero arrears, providing immediate income
  • Features a mix of 11 two‑bedroom units and 1 one‑bedroom unit

Property Analytics

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Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

3,962
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two six-family brick buildings in prime Brooklyn location.
Where is this apartment building located?
The property is located at Lawrence Ave Brooklyn, NY.
What are key features of this property?
This property features: 12‑unit package deal of two six‑family brick buildings in a prime Brooklyn location; All tenants are current on rent with zero arrears, providing immediate income; Features a mix of 11 two‑bedroom units and 1 one‑bedroom unit
More about this property
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