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Multifamily

1298 Rogers Avenue

1298 Rogers Ave, Brooklyn, NY 11210

Listing Price: $1,295,000

Cap Rate
6.40%
Number of Units
8
GRM
8.13
Price/Unit
$161,875
Price/Gross SF
$161.88
Gross SF
8,000

Investment Overview

Marcus and Millichap is pleased to offer 1298 Rogers Avenue, an outstanding multifamily investment opportunity in the heart of Flatbush, one of Brooklyn’s most dynamic residential neighborhoods. The property features eight rent-stabilized apartments, including spacious 3- and 4-bedroom layouts, with two vacant units offering immediate lease-up potential. At an attractive $162 per square foot and $161,875 per unit, this asset is well-positioned for both stable in-place cash flow and long-term appreciation.

Investment Highlights

  • 1298 Rogers Avenue was built in 1931, spans 4 stories containing 8 units, at 8000 SF.
  • Zoning: R6B, C2-4 – flexible residential with potential commercial overlay. Residential Mix: 2 three-bedroom units, 6 four-bedroom units (Two units currently vacant).
  • Located in Flatbush, a neighborhood known for its strong rental demand, cultural vibrancy, and proximity to major transit lines, retail corridors, and educational institutions.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    Manhattan

  • Daniel Greenblatt

    Licensed Associate Real Estate Broker

    (718) 475-4357

    Email Daniel

    License(s): NY: 10301215921

    Manhattan

Financing By

Multifamily

1298 Rogers Avenue

Listing Price: $1,295,000

Cap Rate
6.40%
Number of Units
8
GRM
8.13
Price/Unit
$161,875
Price/Gross SF
$161.88
Gross SF
8,000

Investment Highlights

  • 1298 Rogers Avenue was built in 1931, spans 4 stories containing 8 units, at 8000 SF.
  • Zoning: R6B, C2-4 – flexible residential with potential commercial overlay. Residential Mix: 2 three-bedroom units, 6 four-bedroom units (Two units currently vacant).
  • Located in Flatbush, a neighborhood known for its strong rental demand, cultural vibrancy, and proximity to major transit lines, retail corridors, and educational institutions.

Investment Overview

Marcus and Millichap is pleased to offer 1298 Rogers Avenue, an outstanding multifamily investment opportunity in the heart of Flatbush, one of Brooklyn’s most dynamic residential neighborhoods. The property features eight rent-stabilized apartments, including spacious 3- and 4-bedroom layouts, with two vacant units offering immediate lease-up potential. At an attractive $162 per square foot and $161,875 per unit, this asset is well-positioned for both stable in-place cash flow and long-term appreciation.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    Manhattan

  • Daniel Greenblatt

    Licensed Associate Real Estate Broker

    (718) 475-4357

    Email Daniel

    License(s): NY: 10301215921

    Manhattan

Financing By

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