731-729 E 32nd St

For Sale

729 E 32nd St, Brooklyn, NY 11210

This Brooklyn property for sale is located at 729 E 32nd St. The current listed sale price for 731-729 E 32nd St is $5,400,000. 731-729 E 32nd St is situated on a lot that is 0.09 acre in size.

Contacts

Lev Mavashev

Alpha Realty

Eli Yusupov

Alpha Realty

Property Details

  • Property Type Multi-Family
  • Property Size 9,720 SF
  • Units 12
  • Lot Size 0.09 Acre
  • Cap Rate % 7
  • # of Floors 4
  • Year Built 2021
  • Date Updated Aug 6, 2026

  • Turnkey Brooklyn Multifamily Portfolio: Two adjacent, newly constructed (2021) four-story walk-up buildings in East Flatbush, comprising 12 beautifully appointed apartments totaling 9,720 SF.

  • Strong Yield & High Asset Efficiency: 100% occupied with an in-place NOI of $376,676. Offered at a $6,000,000 asking price, representing an attractive 7.0% going-in cap rate, a 13.6x gross rent multiple, and a highly competitive $617 per square foot basis.

  • Highly Favorable Regulatory Profile: Ideal unit mix of ten 1-bedroom and two 2-bedroom layouts, featuring an advantageous split of eight free-market and four rent-stabilized units.

  • Insulated Revenue Stream: Predictable income mix driven by approximately 70% free-market revenue for immediate growth potential, balanced by 30% stable rent-stabilized cash flow.

  • Premium Construction & Design: Features 2021 luxury-tier interiors boasting spacious, high-ceiling layouts that maximize building depth and appeal to top-tier urban renters.

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Getting around

  • 93/100

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  • 99/100

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  • 59/100

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Location

  • City Brooklyn, NY
  • Neighborhood East Flatbush
  • Zip Code 11210
  • Market Brooklyn

Points of Interest

  • Flatbush Avenue–Brooklyn College

    0.11 miles

  • Avenue H

    0.89 miles

  • Avenue J

    0.99 miles

  • Mex Cabs

    1.09 miles

  • Cortelyou Road

    1.09 miles

  • Juniors Car Service

    1.12 miles

  • Beverley Road

    1.23 miles

  • A-Kings Highway Car Service

    1.82 miles

  • Norwood Car & Limo

    1.84 miles

  • Church Ave Express Car Service

    1.91 miles

  • Allegiance

    0.62 miles

  • Sunoco

    1.15 miles

  • Speedway

    1.17 miles

  • BP

    1.22 miles

  • Shell

    1.28 miles

  • Citgo

    1.43 miles

  • EVgo

    2.31 miles

  • Tesla Supercharger

    2.68 miles

  • plugNYC

    3.13 miles

  • FLO

    3.38 miles

  • Pathmark

    0.49 miles

  • Eastern Fruits and Vegetables

    1.15 miles

  • CVS

    1.17 miles

  • US Postal Service

    1.17 miles

  • Kings County Parking Garage

    1.61 miles

  • Kings Plaza Car Lot

    2.19 miles

  • Fine Fare

    2.23 miles

  • Roosevelt Savings Bank

    2.26 miles

  • Chase Bank Parking

    2.45 miles

  • The Brooklyn Museum and Botanic Garden

    2.75 miles

  • Ramada

    0.25 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    1.10 miles

  • Best Western Plus

    1.16 miles

  • Home

    1.94 miles

  • Days Inn

    2.34 miles

  • Holiday Inn Express

    2.82 miles

  • Knights Inn

    2.84 miles

  • The Brooklyn Riviera Hostel

    2.86 miles

  • Hotel Sunrise

    2.95 miles

  • Mirage Brooklyn

    3.07 miles

  • Target

    0.17 miles

  • Key Food

    0.39 miles

  • Pathmark

    0.48 miles

  • C-Town

    0.66 miles

  • Ideal Food Basket

    0.96 miles

  • Sears

    0.97 miles

  • Berry Goods Supermarket

    1.02 miles

  • Green Acre Farms

    1.10 miles

  • Flatbush Food Co-Op

    1.14 miles

  • Amazing Savings

    1.25 miles

Contact 731-729 E 32nd St
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