$2,950,000

Estimated payment $19,035/month

-- Bed
-- Bath
12,000 Sq Ft
$246 Price per Sq Ft

Highlights

  • Ocean Front
  • Property is near public transit
  • 3-minute walk to Van Voorhees Playground
  • P.S. 29 John M. Harrigan Rated A

About This Home

This is a rare opportunity to acquire a contiguous two-building portfolio comprising 16 residential units in the desirable Columbia Waterfront District of Brooklyn. The portfolio consists of two adjacent four-story, eight-unit walk-up buildings, offering stable current income with significant future upside. The units are a mix of free market, rent stabilized, and rent controlled apartments. This tenancy structure provides investors with an immediate cash flow and the potential for substantial rental growth through capital improvements and natural unit turnover in the free market sector. A major growth catalyst for this investment is the large-scale redevelopment of the Brooklyn Marine Terminal happening just across the street. This significant project is expected to bring substantial commercial activity and further enhance the long-term value and desirability of the immediate neighborhood. Residents benefit from excellent transportation access (F and G trains nearby) and proximity to Brooklyn Bridge Park and the thriving retail and dining options along Atlantic Avenue and Court Street. This is an excellent acquisition for an investor seeking a substantial asset with strong value-add potential poised for continued appreciation. * Strategic Location: Located directly across from the Brooklyn Marine Terminal, which is slated for a multi-billion-dollar, 122-acre redevelopment. * Irreplaceable Scale: Acquiring 16 units across two contiguous four-story buildings in a low-density, high demand neighborhood. * Acquisition Strategy: This offering targets investors seeking to leverage a below-market PPU entry point to secure a significant footprint. * Neighborhood: High quality of life supported by proximity to world-class amenities, including Brooklyn Bridge Park, Piers 5 & 6. * Transportation & Access: Excellent connectivity for tenants with easy access to the F and G subway lines.

Listing Agent

Robert Shiryak

Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,836

Year Built

  • Built in 1900

Lot Details

  • 5,242 Sq Ft Lot
  • Ocean Front

Property Views

  • Ocean
  • City
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 12,000 Sq Ft Home
  • 4-Story Property
  • Partially Finished Basement
  • Partial Basement

Location

  • Property is near public transit
  • Property is near a bus stop

Community Details

  • Columbia Street Waterfront District Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,836

Year Built

Built in 1900

Lot Details

0

Listing Details

  • HamletID: 0
  • LandRentAmount: 0
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 4
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • PropertyTownship: Cobble Hill
  • Prop. Type: Multi-Unit (5+)
  • Renovation Year: 0
  • RoofRubber: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: NY
  • ViewCity: Yes
  • ViewOcean: Yes
  • ViewPark: Yes
  • ViewScenic: Yes
  • ViewStreet: Yes
  • View Water: Yes
  • WaterfrontOcean: Yes
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • BasementPartlyFinished: Yes
  • Basement Type: Partial
  • Fireplaces: 0
  • AboveArea Sq Ft: 12000

Exterior Features

  • Construction Type: Masonry - Brick
  • Waterfront Property: Yes

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: 5242
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 41836

Tax Info

  • Tax Year: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $2,950,000 -- $246 / Sq Ft
Source: My State MLS

Source: My State MLS

MLS Number: 11609573