238 East 52nd Street

238 East 52nd Street, Brooklyn, NY 11203

  • For Sale $3,850,000
  • Property Type Special Purpose
  • Property Size 8,323 SF
  • Additional Rent Contact for pricing
  • Date Updated Jul 2, 2024

6,923 SF | 238 East 52nd Street | 9 Unit New Development For Sale 

Introducing 238 East 52nd Street, a multifamily investor's dream. This recently constructed 6,923 SF building offers 9 units, consisting of 6 one-bedroom units and 3 studios, including a stunning penthouse with its own rooftop patio. With a pending 421A and R6 zoning, this property presents a major value add opportunity. The building is fully occupied, and includes free market units, rented under market value, demonstrating the potential for increased revenue. Investors will appreciate the opportunity to capitalize on this prime asset and its strategic location in Brooklyn, NY.

This nine-unit new development was recently constructed and is ready to be marketed and leased. It is comprised of six one-bedroom units and three studios, one of them being a penthouse unit with its own rooftop patio. It also has a pending 421A, which can help reduce major annual costs.

Highlights:

- 238 E 52nd St

- 9 units

- 6 one-bedrooms

- 3 studios

- Penthouse with rooftop patio

- Pending 421A

- R6 zoning

- Total Space: 6,923 SF

A growing residential area with a massive need for newly renovated and affordable apartments. This property caters to a diverse mix of potential tenants and has a major upside for an outside investor. 

Located in the East Flatbush neighborhood of Brooklyn near the Sutter Ave - Rutland Rd subway station.

Nearest Transit: 2, 3, 4, & 5 trains at Sutter Ave - Rutland Rd and the B46 & B35 bus lines.      

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Attachments

Contacts

broker
Shlomi Bagdadi

Tri State Commercial Realty

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Transit Score ®

    75/100 Excellent Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood East Flatbush
  • Zip Code 11203

Points of Interest

  • Crown Heights–Utica Avenue

    0.95 miles

  • Norwood Car & Limo

    1.04 miles

  • Kingston Avenue

    1.21 miles

  • Canarsie–Rockaway Parkway

    1.54 miles

  • New Lots Avenue

    1.58 miles

  • Livonia Avenue

    1.61 miles

  • Sutter Avenue

    1.73 miles

  • Rockaway Avenue Station

    1.81 miles

  • Kingston–Throop Avenues

    1.82 miles

  • Flatbush Avenue–Brooklyn College

    1.82 miles

  • Amoco

    0.53 miles

  • Shell

    0.61 miles

  • BP

    1.13 miles

  • Mobil

    1.21 miles

  • Speedway

    1.44 miles

  • Sunoco

    1.54 miles

  • Tesla Supercharger

    2.05 miles

  • EVgo

    2.55 miles

  • plugNYC

    2.99 miles

  • Revel

    3.25 miles

  • Kings County Parking Garage

    0.62 miles

  • Pathmark

    1.37 miles

  • Havens Place Lot

    1.98 miles

  • School bus parking

    2.09 miles

  • The Brooklyn Museum and Botanic Garden

    2.14 miles

  • Underhill Garage

    2.47 miles

  • Rapid Park

    2.55 miles

  • Eastern Fruits and Vegetables

    2.71 miles

  • Cielo Garage

    2.73 miles

  • Car Park Systems

    2.79 miles

  • Days Inn

    1.44 miles

  • Surface Inn

    1.44 miles

  • Hotel Sunrise

    1.57 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    1.67 miles

  • Mirage Brooklyn

    1.74 miles

  • The Brooklyn Riviera Hostel

    1.76 miles

  • Latisha House

    1.84 miles

  • La Quinta

    1.98 miles

  • Ramada

    1.98 miles

  • East New York Inn

    1.99 miles

  • McDonald's

    0.11 miles

  • "diner"

    0.24 miles

  • Dunkin'

    0.27 miles

  • China Restaurant

    0.34 miles

  • Rosie's Jamaican Cuisine

    0.38 miles

  • Three Star Juice Lounge

    0.47 miles

  • Island Burger

    0.47 miles

  • KFC

    0.52 miles

  • White Castle

    0.58 miles

  • Brooklyn Wing House

    0.60 miles

  • Middle School Of Marketing And Legal Studies

    0.25 miles

  • Public School 135 - Sheldon A. Brookner

    0.25 miles

  • Intermediate School 232

    0.25 miles

  • Arts And Media Preparatory Academy

    0.26 miles

  • East Flatbush Community Research School

    0.27 miles

  • Kanut

    0.28 miles

  • Kennedy-King Elementary

    0.44 miles

  • Northeastern Adventist Academy

    0.44 miles

  • Intermediate School 252

    0.52 miles

  • Middle School For Art and Philosophy

    0.52 miles

  • Seneca Village Montessori School

    0.70 miles

  • Brooklyn Kids Academy

    1.03 miles

  • Childrens Paradise

    1.04 miles

  • All My Children Daycare & Nursery School

    1.08 miles

  • Premier Stepping Stones Child Care

    1.18 miles

  • Lefferts Gardens Montessori

    1.30 miles

  • Kiddie Science

    1.31 miles

  • Eva Crèche Daycare

    1.37 miles

  • Discovery Kids

    1.38 miles

  • The Hollow

    1.38 miles

Frequently Asked Questions

How much does 238 East 52nd Street cost?

The space currently listed for sale at 238 East 52nd Street asks for $3,850,000.

What is the total square footage of 238 East 52nd Street?

238 East 52nd Street totals 8,323 square feet.

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Contact Listing Broker
broker
Shlomi Bagdadi

Tri State Commercial Realty