579 Decatur Street — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11233

Photos

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Investment Figures

Cap rate
6.30%

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 present 579 Decatur Street, an opportunity to acquire a fully free-market multifamily asset in a high-demand Brooklyn submarket. The combination of stable residential income, limited operating complexity, and continued strength in the local rental market positions the property as an attractive long-term investment capable of delivering reliable income and future value appreciation Investment Highlights: • 579 Decatur Street is a restored 19th-century brownstone townhouse offering three free-market, two-bedroom residences in Stuyvesant Heights, Brooklyn. • Tax Class: 1 | Zoning: R6B | 100% Free Market • The property's central location places it within a short commute of Downtown Brooklyn, Williamsburg, Long Island City, and Manhattan with connectivity to the J, L, A or C Subway lines.

Market Context

This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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