381 Manhattan Ave Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $16,171/month
About This Home
Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value. Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,760
Year Built
- Built in 1931
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Additional Features
- 3-Story Property
- 2,500 Sq Ft Lot
Listing and Financial Details
- Property Available on 7/19/26
- Legal Lot and Block 25 / 2738
Community Details
Overview
- 5 Units
- East Williamsburg Subdivision
Amenities
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $14,761 | $707,850 | $95,400 | $612,450 |
| 2025 | $13,673 | $679,500 | $95,400 | $584,100 |
| 2024 | $13,673 | $849,150 | $95,400 | $753,750 |
| 2023 | $12,661 | $766,350 | $95,400 | $670,950 |
| 2022 | $11,447 | $638,550 | $95,400 | $543,150 |
| 2021 | $11,321 | $548,100 | $95,400 | $452,700 |
| 2020 | $11,253 | $599,850 | $95,400 | $504,450 |
| 2019 | $10,527 | $535,680 | $95,400 | $440,280 |
| 2018 | $9,908 | $77,899 | $16,648 | $61,251 |
| 2017 | $9,178 | $72,157 | $17,912 | $54,245 |
| 2016 | $9,302 | $72,157 | $20,342 | $51,815 |
| 2015 | $5,592 | $69,873 | $23,625 | $46,248 |
| 2014 | $5,592 | $64,712 | $25,034 | $39,678 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2026 07/19/26 | For Sale | $2,750,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20104431
- 361 Manhattan Ave Unit 3AB
- 382 Manhattan Ave
- 390 Manhattan Ave Unit 3
- 130 Jackson St Unit 1E
- 357 Leonard St Unit 2-F
- 357 Leonard St Unit GARDEN
- 357 Leonard St Unit 2-R
- 88 Withers St Unit 4A
- 139 Skillman Ave Unit 6D
- 74 Jackson St Unit 4
- 76 Richardson St Unit 7
- 396 Graham Ave
- 636 Lorimer St Unit TWNHS
- 636 Lorimer St Unit 3
- 632 Lorimer St Unit 301
- 415 Leonard St Unit 5F
- 415 Leonard St Unit 6BC
- 176 Frost St Unit 2-A
- 176 Frost St Unit 3-B
- 176 Frost St Unit 4-B
- 387 Manhattan Ave Unit 2-D
- 88 Withers St Unit 4B
- 381 1/2 Graham Ave Unit SI ID1539413P
- 57 Withers St Unit SI ID1461434P
- 57 Withers St Unit SI ID1579332P
- 193 Withers St Unit 3
- 583 Lorimer St Unit SI ID1013674P
- 583 Lorimer St Unit SI ID1013673P
- 323 Graham Ave Unit SI FL2-ID1021977P
- 323 Graham Ave Unit SI FL3-ID1021982P
- 286 Manhattan Ave
- 234 Skillman Ave Unit 4L
- 511 Meeker Ave
- 511 Meeker Ave
- 231 Jackson St Unit 3
- 516 Lorimer St Unit SI FL2-ID797
- 308 N 7th St Unit 7B
- 18 Monitor St Unit DG2
- 162 N 12th St Unit 3A
- 162 N 12th St Unit 16B
Ask me questions while you tour the home.