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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

Property Amenities

Unit Amenities

24 Hour Access
Air Conditioning
Dishwasher
Kitchen
Microwave
Refrigerator

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation