Description
332 28th Street in Brooklyn is a fully renovated multi-unit residential property comprised of six apartments totaling 10 bedrooms. The building includes two spacious three-bedroom duplex units along with four generously sized one-bedroom apartments, offering a diverse unit mix suited to a variety of tenant needs. Each apartment is fully electric, with tenants responsible for their own utilities, helping to minimize owner operating expenses. The current rent roll includes a three-bedroom duplex on the first floor leased at $3,600 per month, two vacant one-bedroom units on the second floor presenting immediate lease-up potential, one-bedroom apartments on the third floor rented at $1,900 and $2,400 per month respectively, and a three-bedroom unit on the fourth floor leased at $2,500 per month. With renovated interiors, flexible unit configurations, and additional upside through the vacant apartments, the property offers a strong investment opportunity in a well-established Brooklyn neighborhood.
Listing Details
- Cap Rate
6.3%
- Space Type
multifamily
- Sub Category
apartments-building
- Sale Type
Investment Sale
- Date Listed
5/14/2026
Property Specifics
- Property Name
332 E 28th St
- Property Class
B
- No of Buildings
1
- No of Stories
4
- No of Units
6
- Year Built
2022
- Building Size
6,197 SF
- Lot Size
0.05 Ac
- APN
05193-0020
- Zoning
R6


