Ad #7477401
MLS #1009859
Calling All Investors, Developers, & End-Users!!! 100% Occupied
16 & 18 Lenox Rd 12, Brooklyn, NY 11226
$4,650,000
--Beds
--Baths
--Sqft
0.092Acres
About this property
Calling All Investors, Developers, & End-Users!!! 100% Occupied 12 Unit Free Market Apartment Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, (7) 2 Bedroom Apts., (5) 1 Bedroom Apts., Security Camera System, High 9' Ceilings, Basement, Separate Meters, 6 Parking Spaces, 3 Phase Power, All New LED LIghting, A/C, +++!!! The Property Is Located In The Heart Of Flatbush Just Off Rt. 27 Near The Brooklyn Museum, Kings Theatre, Prospect Park & Just Minutes From I-278!!! Neighbors Include Chase Bank, USPS, Safeguard Self Storage, Target, Foot Locker, Old Navy, Planet Fitness, AT&T, Boost Mobile, Dunkin', Key Food, H & R Block, Walgreens, McDonald's, Popeye's Louisiana Kitchen, Domino's Pizza, CVS, +++!!! The Entire Building Underwent A Gut Renovation In 2024!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1: $26,400 Ann.; Lease Exp.: 11/30/26. Apt. 2: $30,000 Ann.; Lease Exp.: 5/31/27. Apt. 3: $30,300 Ann.; Lease Exp.: 12/31/26. Apt. 4: $30,000 Ann.; Lease Exp.: 10/31/26. Apt. 5: $39,000 Ann.; Lease Exp.: 5/31/26. Apt. 6: $27,600 Ann.; Lease Exp.: 9/30/26. Apt. 7: $28,800 Ann.; Lease Exp.: 10/31/25. Apt. 8: $36,000 Ann.; Lease Exp.: 7/3/26. Apt. 9: $26,400 Ann.; Lease Exp.: 9/30/25. Apt. 10: $30,000 Ann.; Lease Exp.: 12/31/26. Apt. 11: $36,000 Ann.; Lease Exp.: 6/30/26. Apt. 12: $27,600 Ann.; Lease Exp.: 4/30/27. Gross Income: $368,100 Ann. Expenses: LHP: $9,108.05 Ann. Insurance: $ 7,200 Ann. Cleaning & Maintenance: $3,600 Ann. Security System/Cable: $632.64 Ann. Water: $3,929.23 Ann. Taxes: $71,895.92 Ann. Total Expenses: $96,365.84 Ann. Net Operating Income (NOI): 274,731.16 Ann.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1912
0.092 Acres
On Street
Siding: Brick, Frame
Natural Gas
$71,292 / yr property tax
Kings County
Additional Photos
Contact Information
Richard Matt Shane
All Island Estates Realty Corp
516-279-8828
Location
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 28, 2026
Photo Gallery
$4,650,000
--
Beds
--
Baths
--
Sqft
16 & 18 Lenox Rd 12, Brooklyn, NY 11226
By contacting this agent you agree to these Terms and Conditions.
MLS# 1009859
Calling All Investors, Developers, & End-Users!!! 100% Occupied
$4,650,000
16 & 18 Lenox Rd 12, Brooklyn, NY 11226
--
Beds
--
Baths
--
Sqft
0.092
Acres
$4,650,000
16 & 18 Lenox Rd 12, Brooklyn, NY 11226
-- Beds
-- Baths
-- Sqft
0.092 Acres
Calling All Investors, Developers, & End-Users!!! 100% Occupied 12 Unit Free Market Apartment Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, (7) 2 Bedroom Apts., (5) 1 Bedroom Apts., Security Camera System, High 9' Ceilings, Basement, Separate Meters, 6 Parking Spaces, 3 Phase Power, All New LED LIghting, A/C, +++!!! The Property Is Located In The Heart Of Flatbush Just Off Rt. 27 Near The Brooklyn Museum, Kings Theatre, Prospect Park & Just Minutes From I-278!!! Neighbors Include Chase Bank, USPS, Safeguard Self Storage, Target, Foot Locker, Old Navy, Planet Fitness, AT&T, Boost Mobile, Dunkin', Key Food, H & R Block, Walgreens, McDonald's, Popeye's Louisiana Kitchen, Domino's Pizza, CVS, +++!!! The Entire Building Underwent A Gut Renovation In 2024!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1: $26,400 Ann.; Lease Exp.: 11/30/26. Apt. 2: $30,000 Ann.; Lease Exp.: 5/31/27. Apt. 3: $30,300 Ann.; Lease Exp.: 12/31/26. Apt. 4: $30,000 Ann.; Lease Exp.: 10/31/26. Apt. 5: $39,000 Ann.; Lease Exp.: 5/31/26. Apt. 6: $27,600 Ann.; Lease Exp.: 9/30/26. Apt. 7: $28,800 Ann.; Lease Exp.: 10/31/25. Apt. 8: $36,000 Ann.; Lease Exp.: 7/3/26. Apt. 9: $26,400 Ann.; Lease Exp.: 9/30/25. Apt. 10: $30,000 Ann.; Lease Exp.: 12/31/26. Apt. 11: $36,000 Ann.; Lease Exp.: 6/30/26. Apt. 12: $27,600 Ann.; Lease Exp.: 4/30/27. Gross Income: $368,100 Ann. Expenses: LHP: $9,108.05 Ann. Insurance: $ 7,200 Ann. Cleaning & Maintenance: $3,600 Ann. Security System/Cable: $632.64 Ann. Water: $3,929.23 Ann. Taxes: $71,895.92 Ann. Total Expenses: $96,365.84 Ann. Net Operating Income (NOI): 274,731.16 Ann.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1912
0.092 Acres
EXTERIOR
On Street
Siding: Brick, Frame
INTERIOR
Natural Gas
FINANCIAL & COMMUNITY
$71,292 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7477401
Viewed
20 times
Listing Status
Active
Added
Jun 25, 2026
Last Refresh
Jul 28, 2026 08:05:58 AM
Listing Information
Data Source
OneKey MLS
Source Property ID
1009859
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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