request_info_guest false
Street View
Map
16 Photos

814 Prospect Place | Multifamily Investment Opportunity

$4,250,000

814 Prospect Place, Brooklyn, NY 11216

Active
Last Updated: 10/17/2025

262,052

NOI

6,540 sqft

Building Size

Details:
NOI:    $262,052
Building Size:    6,540 sqft
Zoning:    R6 / R6A / C2-4
Year Last Renovated:    2018
Highlights:
  • Renovated & Turnkey: The entire building was fully renovated in 2018 and meticulously maintained since.
  • Fully Free Market: The building was destabilized via substantial rehabilitation in 2018 (supporting paperwork available upon request).
  • Tax Protected: Classified tax class 2B, limiting real estate tax increases to a max of 8% per year and 30% over five years.
  • Highly Efficient: Separate utilities, new appliances, and efficient unit layouts translate to low expenses and minimal maintenance.
  • Well-Located: Within blocks of countless café and restaurant options on Nostrand, Bedford, & Franklin Avenues.
  • Transportation Accessibility: Within blocks of the 2, 3, 4, 5, & S trains, with access to Downtown Brooklyn and the Financial District within 15 minutes.
Map:
Documents:
Title
Offering Memorandum
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery