Prime Williamsburg Multifamily Investment Opportunity
Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood.
The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value.
Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.
In contract
$2,750,000
381 Manhattan Ave, Brooklyn, NY 11211
7beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$2,680,000 Zestimate®
$--/sqft
$-- HOA
What's special
Immediate usabilityThree-story property
- 50 days
- 507
- 17
Zillow last checked:
Listing updated:
Listed by:
Brick&Mortar 917-974-0431,
David Soltero,
Rolan Sereny
Source: StreetEasy,MLS#: S1837856
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Williamsburg
Location
- Region: Brooklyn
Financial & listing details
- Annual tax amount: $14,760
- Date on market: 7/16/2026
Estimated market value
$2,680,000
$2.55M - $2.81M
$7,619/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Contingent | $2,750,000 |
Source: StreetEasy #S1837856 Report a problem | ||
| 7/16/2026 | Listed for sale | $2,750,000 |
Source: StreetEasy #S1837856 Report a problem | ||
Public tax history
Tax history is unavailable.




