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Free-Market Multifamily Building, Prime Brooklyn Location

$6,500,000

292 Frost Street, New York, NY 11211

Active
Last Updated: 02/17/2026

5.6

Cap Rate

370,000

NOI

Details:
Cap Rate:    5.6%
NOI:    $370,000
Building Size:    6,000 sqft
Lot Area:    3,000 sqft
Occupancy:    100%
Class:    B
Units:    100
Average Room Size:    650 sqft
Year Built:    1920
Floors:    4
Seller Financing:    No
Year Last Renovated:    2025
Investment Strategy:    Value Add
Highlights:
  • Free-Market Rents
  • Recent Renovation
Description:

The subject property is a multifamily walk-up building located in a desirable section of Brooklyn. Units have been renovated with stainless steel appliances, hardwood floors, and some with a washer/dryer. All free-market rents. It was built in the 1920’s.

NOTE: The address shown is not actual. Please request NCA to receive full information.

Map:
Documents:
Title
Flyer-_Off-Market_Brooklyn_Free-Market_Multifamily_Building.pdf
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Location
Gallery