241 Marcus Garvey Blvd — Sale in Brooklyn, NY

  • Price: $3.1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11221
  • Size: 4,722 SF

Investment Figures

Cap rate
7.00%
Price per square foot
$657

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

Great Generational Investment Buildings! Being Offered Together With 239 Marcus Garvey Blvd. 6 Free Market Unit at 239 and 8 Free Market Units at 241. Zoning R6A/C2-4 241 Marcus Garvey Blvd Approximate Monthly Expenses Fire Alarm $173.08 Exterminator $50 Utilities $41.67 Internet/Cameras $50 Insurance $787.10 RE Taxes $680 Maintenance $208.33 Monthly Rent Roll Unit 1 & Back Storage Room – Studio 1 Bath $2,200 Unit 2A – 1 Bedroom 1 Bath $2,400 / Lease Ends July 2025 Unit 2B – 1 Bedroom 1 Bath $2,150 / Lease Ends April 2025 Unit 3A – 1 Bedroom 1 Bath $2,100 / Lease Ends June 2025 Unit 3B – 1 Bedroom 1 Bath $2,350 / Lease Ends June 2025 Unit 4A – 1 Bedroom 1 Bath $2,100 / Lease Ends June 2025 Unit 4B – 1 Bedroom 1 Bath / Empty Unit 5 – 3 Bedroom 2 Bath $2,950 / Lease Ends June 2025 239 Marcus Garvey Blvd Approximate Monthly Expenses RE Taxes $2,750 Monthly Rent Roll Unit 1A – 2 Bedroom 1.5 Bath / Empty Unit 2A Duplex – 1 Bedroom 1.5 Bath / Empty Unit 2B – 1 Bedroom 1.5 Bath / Empty Unit 3B – 1 Bedroom 1 Bath / Empty Unit 4A Duplex – 1 Bedroom 1.5 Bath / Empty Unit 4B – 1 Bedroom 1 Bath / Empty Building SF: 4722 | Land Size: 0.04 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Brooklyn, NY is listed for sale at $3,100,000 across 4,722 SF. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 71 days. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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