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Multifamily

352 Palmetto Street

352 Palmetto St, Brooklyn, NY 11237

Listing Price: $3,400,000

Cap Rate
6.80%
Number of Units
6
GRM
12.41
Price/Unit
$566,667
Price/Gross SF
$755.56
Gross SF
4,500

Investment Overview

Marcus and Millichap are pleased to offer 352 Palmetto Street a turnkey, free-market multifamily opportunity in one of Brooklyn’s most dynamic neighborhoods. With strong in-place income, minimal operating expenses, and quality renovations, the property provides both immediate returns and long-term appreciation potential. Surrounded by a vibrant mix of restaurants, cafes, bars, and cultural venues that continue to drive strong renter demand.

Investment Highlights

  • 352 Palmetto Street, built in 1931, spans 3 stories and comprises of 6 units, approx. 4,500 SF on a 25.17' x 100' Lot.
  • Free-market two-bedroom layouts with high-end finishes including Bosch washer/dryers, heated bathroom floors, custom closets, and split-unit HVAC.
  • Prime Bushwick location, just a 2-minute walk from the M and L subway lines, providing excellent access to Manhattan and surrounding Brooklyn neighborhoods.

Exclusively Listed By

Financing By

Multifamily

352 Palmetto Street

Listing Price: $3,400,000

Cap Rate
6.80%
Number of Units
6
GRM
12.41
Price/Unit
$566,667
Price/Gross SF
$755.56
Gross SF
4,500

Investment Highlights

  • 352 Palmetto Street, built in 1931, spans 3 stories and comprises of 6 units, approx. 4,500 SF on a 25.17' x 100' Lot.
  • Free-market two-bedroom layouts with high-end finishes including Bosch washer/dryers, heated bathroom floors, custom closets, and split-unit HVAC.
  • Prime Bushwick location, just a 2-minute walk from the M and L subway lines, providing excellent access to Manhattan and surrounding Brooklyn neighborhoods.

Investment Overview

Marcus and Millichap are pleased to offer 352 Palmetto Street a turnkey, free-market multifamily opportunity in one of Brooklyn’s most dynamic neighborhoods. With strong in-place income, minimal operating expenses, and quality renovations, the property provides both immediate returns and long-term appreciation potential. Surrounded by a vibrant mix of restaurants, cafes, bars, and cultural venues that continue to drive strong renter demand.

Exclusively Listed By

Financing By

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