Skip to main content

Multifamily

579 Decatur Street

579 Decatur Street, Brooklyn, NY 11233

Listing Price: $1,995,000

Cap Rate
6.30%
Number of Units
3
GRM
12.89
Price/Unit
$665,000
Price/Gross SF
$423.39
Gross SF
4,712

Investment Overview

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.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

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

    New York City

  • Dan Greenblatt

    Licensed Associate Real Estate Broker

    (718) 475-4357

    Email Dan

    License(s): NY: 10301215921

    New York City

Financing By

Multifamily

579 Decatur Street

Listing Price: $1,995,000

Cap Rate
6.30%
Number of Units
3
GRM
12.89
Price/Unit
$665,000
Price/Gross SF
$423.39
Gross SF
4,712

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.

Investment Overview

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

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

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

    New York City

  • Dan Greenblatt

    Licensed Associate Real Estate Broker

    (718) 475-4357

    Email Dan

    License(s): NY: 10301215921

    New York City

Financing By

MM Texture Background
MM Textured Background Lower