Multifamily
907 East 173rd Street & 211 Marion Street
211 Marion St, Brooklyn, NY 11233
Listing Price: $2,650,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of a two-building, 100% rent-stabilized portfolio located at 211 Marion Street in Brooklyn and 907 East 173rd Street in the Bronx.
211 Marion Street is located in the Bedford-Stuyvesant section of Brooklyn, one of the borough’s most dynamic residential neighborhoods. The property benefits from close proximity to Fulton Street retail, local dining, schools, and multiple subway lines providing direct access to Downtown Brooklyn and Manhattan. Professionally managed and well maintained, the building offers consistent occupancy supported by long-term tenants and a strong working-class renter base.
907 East 173rd Street is situated in the Soundview/West Farms section of the Bronx, a neighborhood experiencing steady population growth and continued investment. The property is positioned near major retail corridors, schools, and several subway lines, including the 2, 5, and 6, offering excellent connectivity to Manhattan. Its 100% rent-stabilized tenant base provides dependable income and minimizes vacancy risk, a hallmark of the Bronx multifamily market.
907 East 173rd Street & 211 Marion Street
Investment Highlights
- A well-maintained mixed-use property featuring ground-floor retail with strong visibility along Flatbush Avenue, complemented by residential units above.
- 10.1% Cap Rate | 5.4x GRM | $115K Price Per Unit | $138/SF
- Positioned in two stable, transit-connected neighborhoods, Ocean Hill and Soundview, the assets provide geographic diversity and long-term renter demand.
Listing Price: $2,650,000
Investment Highlights
- A well-maintained mixed-use property featuring ground-floor retail with strong visibility along Flatbush Avenue, complemented by residential units above.
- 10.1% Cap Rate | 5.4x GRM | $115K Price Per Unit | $138/SF
- Positioned in two stable, transit-connected neighborhoods, Ocean Hill and Soundview, the assets provide geographic diversity and long-term renter demand.
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of a two-building, 100% rent-stabilized portfolio located at 211 Marion Street in Brooklyn and 907 East 173rd Street in the Bronx. 211 Marion Street is located in the Bedford-Stuyvesant section of Brooklyn, one of the borough’s most dynamic residential neighborhoods. The property benefits from close proximity to Fulton Street retail, local dining, schools, and multiple subway lines providing direct access to Downtown Brooklyn and Manhattan. Professionally managed and well maintained, the building offers consistent occupancy supported by long-term tenants and a strong working-class renter base. 907 East 173rd Street is situated in the Soundview/West Farms section of the Bronx, a neighborhood experiencing steady population growth and continued investment. The property is positioned near major retail corridors, schools, and several subway lines, including the 2, 5, and 6, offering excellent connectivity to Manhattan. Its 100% rent-stabilized tenant base provides dependable income and minimizes vacancy risk, a hallmark of the Bronx multifamily market.
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