315 94th Street

315 94th Street, New York, NY, 11212

$1,000,000

active

Lot Size

2,700 sqft

Year Built

1931

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$7,015/month estimated

Principal & interest: $5,322
Property tax: $1,567
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $200,000 · Loan amount: $800,000

Description

315 East 94th Street is a classic Brooklyn multifamily residential property located in the Brownsville section of Brooklyn, New York. Positioned on a quiet residential block, the property reflects traditional New York City brick construction and offers long-term investment stability in an established rental corridor. Property Overview • Property Type: 6-Family Residential • Building Style: Brick Low-Rise Walk-Up • Stories: 3 • Configuration: Six Residential Apartments • Location: Brownsville / East Flatbush border, Brooklyn, NY Constructed in traditional masonry style, the building features a practical layout consistent with early-to-mid 20th century Brooklyn multifamily properties. The apartments are designed with functional living spaces including separate kitchens, living rooms, bedrooms, and bathrooms, appealing to workforce and family-oriented tenants. Investment Highlights • Income-producing multifamily asset • Strong rental demand in the Brownsville submarket • Proximity to public transportation, shopping corridors, schools, and neighborhood amenities • Stable Brooklyn rental market fundamentals • Opportunity for long-term hold, value enhancement, or portfolio repositioning Location & Accessibility Situated in Brooklyn’s Brownsville neighborhood, 315 East 94th Street benefits from access to major transportation routes, bus lines, and nearby subway stations, providing connectivity to Downtown Brooklyn and Manhattan. The surrounding area consists primarily of multifamily residences, community institutions, and neighborhood retail. Market Position Brooklyn continues to demonstrate resilient rental demand driven by limited housing supply and strong population density. Properties of this size and configuration remain attractive to investors seeking consistent cash flow and long-term appreciation potential.

Property Details

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Listed by Lamar M. Collins, Vanguard Real Estate Brokerage

MLS# 966987718-484-4569

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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