- Overview
- Description
- Property Details
- Location
- Facts & Features
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No HOA
Street View
$4,800,000
Monthly Est:$23,891
20 Beds
20 Baths20 full baths
18,000sqft
170 31st Street, Brooklyn, NY 11232
$4,800,000
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Multi Family
Built in 1916
$-- HOA
5,000 sqft lot
$267/sq.ft
Description
170 31st Street is a four-story brick mixed-use building on the corner of 4th Avenue and 31st Street. It has 18,000 square feet, 19 apartments and four ground-floor storefronts, and it’s being offered for the first time in many years.
The corner location gives the building frontage on two streets. The four storefronts face busy 4th Avenue and bring in $15,300 a month, about a third of gross income. The retail leases expire at staggered dates from 2027 through 2035, and one has built-in annual increases.
Upstairs, 19 rent-stabilized apartments provide steady, dependable income, and rents can rise within legal limits as leases renew. Gas is individually metered and the electric is separately metered. The building also has its original decorative brickwork, and the R train is a few blocks away at both 25th Street and 36th Street.
Gross income is $546,322 a year. The building is offered at a 6.32% cap rate (stabilized) and a 8.79× gross rent multiple, which works out to $267 per square foot and about $209,000 per unit.
It’s a long-held, well-located asset with income from both retail and residential tenants.
For the full offering memorandum, including the rent roll, lease terms and financials, contact the sales team:
- Houzeo last checked: 15 minutes ago
- Listing updated: November 4, 2026 at 10:27 am
- Listing Provided by: Ian Mednick (203) 858-5789 , Paul J Hyun (718) 690-0297 | Compass (212) 913-9058
- Source: Rebny MLS-NY | MLS#: RLS20124057
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1916
HOA Fees
-
Finished Area
18,000 sqft
Lot Size
5,000 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20124057
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 20
Utilities & Energy
Laundry Features
See Remarks
Other Features
Subdivision Name
Greenwood Heights
Price History
| Date | Event | Price |
|---|---|---|
11/04/2026 Source: | Listed for Sale | $4,800,000 $267/sqft |
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 04, 2026, 12:45PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
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