Two Building Package | 12 Apartments | 9,720 SF
$6,000,000
731-729 East 32nd Street, Brooklyn, NY 11210
For Sale
Multifamily
Mid High Rise
Active
Last Updated: 06/24/2026
6.3
Cap Rate
376,676
NOI
Details:
Cap Rate: 6.3%
NOI: $376,676
Building Size: 9,720 sqft
Units: 12
GRM: 13.9
Year Built: 2021
Price Per Sqft: $617
Zoning: R6
Highlights:
- Two newly developed walk-up buildings with a total of 12 luxury residential units
- Each building is 65’ deep, offering spacious unit layouts with high ceilings
- New 35-year Affordable NY Tax Abatement 70% Free-Market/30% Affordable
- The property is located in the Flatbush section of Brooklyn, near shopping, dining and entertainment options
- Within walking distance to the Flatbush Avenue Station (2 train)
Documents:
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Location
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