$3,500,000

Estimated payment $20,071/month

-- Bed
8 Baths
5,000 Sq Ft
$700 Price per Sq Ft

About This Home

Please reach out for income & expenses set up Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25' x 100' lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify). Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders. Annual property taxes are approximately $15,324, contributing to a favorable operating profile. Situated in one of Brooklyn's most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope. Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.

Listing Agent

Frank Galeano

FRANK GALEANO LICENSED REAL ESTATE BROKER INC Listed on: 06/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,324

Year Built

  • Built in 1900

Lot Details

  • 2,500 Sq Ft Lot

Interior Spaces

  • 8 Full Bathrooms
  • 5,000 Sq Ft Home
  • 4-Story Property

Community Details

  • Carroll Gardens Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,324

Year Built

Built in 1900

Lot Details

2,500 Sq Ft Lot

Listing Details

  • HamletID: 0
  • LandRentAmount: 0
  • Number Of Stories: 4
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • PropertyTownship: Kings
  • Prop. Type: Multi-Unit (5+)
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 5000

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Lot Size Sq Ft: 2500
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 15324

Tax Info

  • Tax Year: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/06/2026 06/06/26 For Sale $3,500,000 -- $700 / Sq Ft
Source: NY State MLS

Source: NY State MLS

MLS Number: 11874756

NY State MLS
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