195 30th Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: New York, NY 10001

Photos

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Investment Figures

Cap rate
5.30%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 195 30th Street, a three-unit multifamily property delivered fully vacant in Greenwood Heights, Brooklyn. The building spans 3,498 gross square feet across three free-market residential units, a 4-bedroom duplex with backyard access and two 1-bedroom apartments, along with a large 3-car garage. The property’s most compelling attribute is its delivery in fully vacant condition. All three units are unoccupied at closing, eliminating the tenant buyouts, holdover proceedings, and lease negotiations that encumber virtually every multifamily acquisition in New York City. 195 30th Street carries 2,500 square feet of unused air rights, providing a genuine path to a more transformative redevelopment strategy. Investment Highlights: • 195 30th Street, built in 1920, is a 3-unit 100% Free Market asset spanning 2 stories, and is approximately 3,498 SF. • Unused Air Rights: 2,500 SF | Tax Class: 1 | Zoning: R6B | Delivered 100% Vacant + 3-Car Garage • Transit access for 195 30th Street is exceptional. The D, N, and R trains at 36th Street and the N and W trains at 25th Street provide direct service to Midtown Manhattan in roughly 20 to 25 minutes.

Market Context

This multifamily in New York, NY is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in New York, NY — view the full market.

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