For sale

$1,098,000

5,175 SF buildingBuilt 1931

183 Starr StreetBrooklyn, NY 11237

Multifamily property · MLS 12025745 · Listed 22 days ago (Oct 13, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

An exceptional opportunity to acquire a well-maintained 6-family prime investment apartment building. The property is in excellent condition and presents a strong, income-producing asset for an investor seeking a stable multifamily investment. The property generates approximately $126,000 in annual gross income and offers an approximately 7.4% capitalization rate. All apartments are currently occupied, providing immediate rental income and eliminating the need for a major lease-up or renovation program. The building has been carefully maintained and are in excellent overall condition. This is a turnkey investment with established rental income and significant long-term potential. Properties like this has strong income, excellent condition, and full occupancy, are rarely available as a package. Serious and qualified investors are encouraged to inquire for additional financial and property information.

Description provided by the listing brokerage.

Key facts

Asking price
$1,098,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Building area
5,175 SFSource field LivingArea
Year built
1931
MLS number
12025745

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.

Price

Asking price
$1,098,000
Price per SF of building
$212/SFAsking price ÷ 5,175 SF reported building area
Annual taxes
$15,719

Building and site

Stories
3
County
Kings County

Investment figures reported in the description

Cap rate
7.4% (actual or pro forma not stated)"…e and offers an approximately 7.4% capitalization rate. all apartments are currently…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Near public transit (from a listing field)
  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Construction

  • Brick

Roof

  • Flat

Water

  • Public (Water Source)

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Brooklyn or multifamily property in Brooklyn.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)

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Price and status history

    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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    Guides

    Listing courtesy of TIP TOP REALTY MANAGEMENT CORP. Listing agent: John Suarez. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 19, 2026, 5:39 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.