Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Crown Heights Multi Family Homes

Multi Family Homes for Sale in Crown Heights

2-4 family investment properties in Crown Heights. Live in one unit, rent the others. NYC's most accessible path to real estate income.

$1.5M
Median Multi Family Home Price
22
Active Listings
+7.7%
Price Trend (YoY)
70
Avg Days on Market

Why Buy a Multi Family Home in Crown Heights?

What makes multi family homes stand out in this market

Rental Income Offsets Mortgage

Rental income from 1-3 units covers part or all of your carrying costs, making the purchase significantly more affordable.

Owner-Occupant Financing

Owner-occupied 2-4 family homes qualify for conventional financing (not commercial). Lower rates, smaller down payments.

Dual Return: Income + Appreciation

You capture both rental income and long-term land/building appreciation: two return streams from one purchase.

Recession Resilience

Rental housing demand stays strong in downturns. NYC vacancy rates for 2-4 family buildings historically stay below 3%.

Know Before You Buy

Tenant Rights and RS Status

Existing tenants carry legal protections. Milton verifies rent stabilization status, existing leases, and any tenant disputes before offer.

C of O and Unit Count

The Certificate of Occupancy must match the actual number of rentable units. Illegal conversions create liability for buyers.

Cap Rate Analysis Required

Milton runs a full cap rate and gross rent multiplier analysis on every multi-family offer to verify the investment case.

Active Multi Family Homes in Crown Heights

22 listings · Updated every 15 minutes

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REBNY RLS Powered by RLS

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Recently Sold Multi Family Homes in Crown Heights

4 recent closings · Live RLS data

REBNY RLS Powered by RLS

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Multi Family Home Expert in Crown Heights

25+ Years, 1,000+ Transactions
Former Managing Partner and Principal Broker. I know Crown Heights's multi family homes inside and out.
Live RLS Market Data
Every listing on this page comes directly from the RLS in real time. You see exactly what's available right now.
Bilingual Service
English and Spanish representation. Servicio completo en Espanol.
Keller Williams NYC
Backed by the world's largest real estate company with global buyer reach.
Milton Coste, Crown Heights Multi Family Home Specialist

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC | License #10301213304

Client Reviews

What Clients Say

★★★★★

"Milton helped us buy our first home in Washington Heights. He knew the neighborhood inside and out, negotiated a great price, and guided us through every step of the closing process."

M

Maria R.

Buyer · Washington Heights · $25K under asking

★★★★★

"He has a deep understanding of the value of apartments in NYC. Intelligent, professional, and always had my best interests in mind. This is the person you want on your side."

S

Sasha

Client · Google Review · 5 stars

★★★★★

"Pia Isabella Palomino: So thankful to work with Milton! He worked so fast to make sure I got my dream place. Great communication, super friendly and responsive."

P

Pia I.

Client · Google Review · 5 stars

★★★★★

"I was trying to rent out my newly renovated condo in NYC's competitive rental market, and Milton Coste handled everything from start to finish. Milton knows the area inside out and was communicative, knowledgeable, and proactive throughout the entire process. Thanks to his expertise, he found a great tenant within just one week at a strong rental price. I highly recommend Milton to anyone looking for a reliable, professional, and results-driven real estate broker."

L

Lucienne G.

Owner · Washington Heights

★★★★★

"Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton."

M

Mr. B

Buyer · Manhattan

★★★★★

"I had a great experience working with Milton. He was incredibly kind, courteous, and responsive throughout the entire process, and he helped get my apartment lease signed on a very quick turnaround. Everything felt smooth and well-organized, which I really appreciated during what was a stressful time. I would recommend him to anyone looking for an apartment."

E

Emily D.

Renter · Hudson Yards

★★★★★

"Great and fast service. Very easy to work with and fast solutions."

J

Juan Carlos R.

Client · New York City

★★★★★

"Milton was very helpful and kind throughout my apartment hunting in the city. He showed me different apartments and kept asking me questions about my preferences to help me find the one I would like the most."

J

Jorge E.

Renter · Manhattan

★★★★★

"Milton did a great job helping me find a place, and so far I have enjoyed living there. It's nice to have my own one-bedroom."

A

Andrew P.

Renter · New York City

★★★★★

"Milton is excellent. My apartment transition went very smoothly and quickly. He is very responsive and was extremely informed about both my property and the areas I was looking in. Highly recommended."

T

Tim W.

Seller · Washington Heights

★★★★★

"Milton made our apartment searching experience incredibly easy. He helped us find the apartment we loved, and told us exactly what we needed to do to get it quickly. He responded promptly to all my messages, and is still available when I need help. I highly recommend working with Milton."

R

Robert S.

Renter · Inwood

Read all reviews →

Multi Family Homes in Crown Heights: FAQ

What are cap rates for multi family homes in Crown Heights?

Cap rates for 2-4 family homes in Crown Heights typically range from 4-7% depending on location, condition, and rent roll. Milton provides a full income analysis before every offer, including current rents vs. market rents and expense estimates.

What financing do I use for a 2-4 family home?

Owner-occupied 2-4 family homes qualify for conventional conforming loans (FHA allows 3.5% down on 2-4 family with owner occupancy). Investment (non-owner-occupied) 2-4 family typically requires 20-25% down. Milton coordinates with lenders experienced in NYC multi-family purchases.

How do I handle existing tenants when buying a multi family home?

Existing tenants must be disclosed. Milton reviews all leases, rent stabilization status, and any open HPD violations before offer. You take the building with existing tenants: eviction is tightly regulated in NYC and Milton ensures you understand your rights and obligations going in.

Find a Multi Family Home in Crown Heights

Cap rate analysis, rent roll review, and tenant rights guidance included. Free consultation.

Milton Coste

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC | Lic. #10301213304

Hablo Español · English & Spanish

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