$3,500,000
Multifamily property · MLS 11874756 · Listed 151 days ago (Jun 6, 2026)
Active: Listed and available according to the MyStateMLS feed.
Please reach out for income & expenses set up Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25' x 100' lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify). Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders. Annual property taxes are approximately $15,324, contributing to a favorable operating profile. Situated in one of Brooklyn's most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope. Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.
Description provided by the listing brokerage.
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
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Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Listing courtesy of FRANK GALEANO LICENSED REAL ESTATE BROKER INC. Listing agent: Francesco Galeano. Listings provided by MyStateMLS.
Listing last modified at the source Jul 29, 2026, 3:20 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 1:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.