6,923 SF | 238 East 52nd Street | 9 Unit New Development For Sale

For Sale

238 East 52nd Street, Brooklyn, NY 11203

This Brooklyn property for sale is located at 238 East 52nd Street. The current listed sale price for 6,923 SF | 238 East 52nd Street | 9 Unit New Development For Sale is $3,850,000. 6,923 SF | 238 East 52nd Street | 9 Unit New Development For Sale is situated on a lot that is 0.08 acre in size.

Contacts

broker
Shlomi Bagdadi

Tri State Commercial® Realty Services

Property Details

  • Property Type Multi-Family
  • Property Size 6,923 SF
  • Units 9
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 7, 2024
A growing residential area with a massive need for newly renovated and affordable apartments. This property caters to a diverse mix of potential tenants and has a major upside for an outside investor. Located in the East Flatbush neighborhood of Brooklyn near the Sutter Ave - Rutland Rd subway station. Nearest Transit: 2, 3, 4, & 5 trains at Sutter Ave - Rutland Rd and the B46 & B35 bus lines.Introducing 238 East 52nd Street, a multifamily investor's dream. This recently constructed 6,923 SF building offers 9 units, consisting of 6 one-bedroom units and 3 studios, including a stunning penthouse with its own rooftop patio. With a pending 421A and R6 zoning, this property presents a major value add opportunity. The building is fully occupied, and includes free market units, rented under market value, demonstrating the potential for increased revenue. Investors will appreciate the opportunity to capitalize on this prime asset and its strategic location in Brooklyn, NY.
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Highlights

  • This nine-unit new development was recently constructed and is ready to be marketed and leased. It is comprised of six one-bedroom units and three studios, one of them being a penthouse unit with its own rooftop patio. It also has a pending 421A, which can help reduce major annual costs.
  • 238 E 52nd St
  • 9 units
  • 6 one-bedrooms
  • 3 studios
  • Penthouse with rooftop patio
  • Pending 421A
  • R6 zoning
  • Total Space: 6,923 SF

Attachments

Getting around

  • 89/100

    Walk Score ®

  • 75/100

    Transit Score ®

  • 53/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood East Flatbush
  • Zip Code 11203
  • Market Brooklyn

Points of Interest

  • Crown Heights–Utica Avenue

    0.95 miles

  • Norwood Car & Limo

    1.04 miles

  • Kingston Avenue

    1.21 miles

  • Canarsie–Rockaway Parkway

    1.54 miles

  • New Lots Avenue

    1.58 miles

  • Livonia Avenue

    1.61 miles

  • Sutter Avenue

    1.73 miles

  • Rockaway Avenue Station

    1.81 miles

  • Kingston–Throop Avenues

    1.82 miles

  • Flatbush Avenue–Brooklyn College

    1.82 miles

  • Amoco

    0.53 miles

  • Shell

    0.61 miles

  • BP

    1.13 miles

  • Mobil

    1.21 miles

  • Speedway

    1.44 miles

  • Sunoco

    1.54 miles

  • Tesla Supercharger

    2.05 miles

  • EVgo

    2.55 miles

  • plugNYC

    2.99 miles

  • Revel

    3.25 miles

  • Kings County Parking Garage

    0.62 miles

  • Pathmark

    1.37 miles

  • Havens Place Lot

    1.98 miles

  • School bus parking

    2.09 miles

  • The Brooklyn Museum and Botanic Garden

    2.14 miles

  • Underhill Garage

    2.47 miles

  • Rapid Park

    2.55 miles

  • Eastern Fruits and Vegetables

    2.71 miles

  • Cielo Garage

    2.73 miles

  • Car Park Systems

    2.79 miles

  • Days Inn

    1.44 miles

  • Surface Inn

    1.44 miles

  • Hotel Sunrise

    1.57 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    1.67 miles

  • Mirage Brooklyn

    1.74 miles

  • The Brooklyn Riviera Hostel

    1.76 miles

  • Latisha House

    1.84 miles

  • La Quinta

    1.98 miles

  • Ramada

    1.98 miles

  • East New York Inn

    1.99 miles

  • Ideal Food Basket

    0.30 miles

  • Associated Supermarket

    0.55 miles

  • Church Farm Market

    0.62 miles

  • Key Food

    0.71 miles

  • Green Acre Farms

    0.76 miles

  • Fine Fare

    0.84 miles

  • Foodsaver NY Retail

    1.03 miles

  • Target

    1.30 miles

  • Sears

    1.55 miles

  • Bobby's Dept. Store

    1.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Shlomi Bagdadi

Tri State Commercial® Realty Services