This Multifamily Property is no longer advertised on LoopNet.com.

338 11th St
Brooklyn, NY 11215
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Fully leased mixed-use corner building in prime Park Slope
  • Retail tenant pays additional 25% of real estate taxes
  • Actual NOI of ~$224.8K; 4.50% cap rate
  • Three large 6-room / 2-bath residential units + stable retail tenant
  • Strong in-place income (~$256K)
  • Low-maintenance asset with Tax Class 2A and long-term stability

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 5,600 SF
Average Occupancy 100%
No. Stories 4
Year Built 1921
Zoning C4-3A - C4-3A mixed-use zoning permitting residential and retail uses; ideal for stable long-term investment as the building is near its maximum allowed size.

Amenities

Unit Amenities

  • Yard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 3 - 1,400 - 4,200

Property Taxes

Property Taxes

Parcel Number
01023-0011
Land Assessment
$293,850
Improvements Assessment
$1,111,500
Total Assessment
$1,405,350
  • Listing ID: 38697618

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 338 11th St, Brooklyn, NY 11215

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