381 Manhattan Ave Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $16,404/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
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Ask me questions while you tour the home.