Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,900,000

Listed at $2,750,000 · Sold 5.5% above asking · Closed October 23, 2026

SOLD: 381 Manhattan Avenue
SOLD $2,900,000
Sold Multi Family

$2,900,000

Listed at $2,750,000 +$150,000 vs asking

381 Manhattan Avenue

East Williamsburg, Brooklyn

MLS® #RLS20104431

RLS at REBNY

Listing by Brick & Mortar LLC

7

Bedrooms

5

Baths

N/A

Sq. Ft.

1931

Year Built

Sale Details

Sale Price $2,900,000
Original List Price $2,750,000
Close Date October 23, 2026
vs. Asking Sold 5.5% above asking

Property Summary

Bedrooms 7
Bathrooms 5
Year Built 1931
Ownership None
Property Taxes $14,760/yr
Neighborhood East Williamsburg

Description

Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value. Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.

Property Details

Type Multi Family
Ownership None
Total Rooms 18
Year Built 1931
RLS at REBNY

Listing courtesy of David Soltero at Brick & Mortar LLC. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. 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.

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