96-Unit Post-war Elevator Building in Ditmas Park
415 Stratford Rd, Brooklyn, NY 11218
Investment Highlights
• A prominent six-story, elevator-serviced apartment building spanning approximately 88,000 gross square feet
• The property features a highly desirable amenity package, including a live-in superintendent, on-premises porter, parttime doorman, laundry room, package room, parking garage, inground swimming pool, and private outdoor terraces
• Strong in-place cash flow of $2,360,000 gross annual income, with future upside of $472,331 to be realized over time through recapture of preferential rents
• Features a diverse unit mix totaling 96 units comprised of (20) Studios, (39) 1-bedrooms and (37) 2-bedrooms
• Situated in Ditmas Park, the property is a 5-minute walk to the Cortelyou Road subway station (Q line) and within short walking distance to the Newkirk Avenue station (B/Q lines)
• Located just minutes from the iconic Prospect Park and Brooklyn Botanic Garden. Close proximity to local dining and nightlife along Cortelyou Road including Cafe Madeline and Sycamore Bar & Flower Shop
Building Details
- For Sale $15,250,000
- Property Type Multi-Family
- Property Size 88,000 SF
- Units 96
- Lot Size 0.55 Acre
- Cap Rate % 7.85
- Taxes / YR $319,294.00
- Additional Rent Price on request
- Year Built 1963
- Date Updated Jul 27, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Location
- City Brooklyn, NY
- Neighborhood Ditmas Park
- Zip Code 11218
- Market Brooklyn
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Walk score 94/100 Walker's Paradise -
Transit score 98/100 Rider's Paradise -
Bike score 90/100 Biker's Paradise
Points of Interest
Cortelyou Road
0.25 miles
Juniors Car Service
0.27 miles
Mex Cabs
0.34 miles
Beverley Road
0.41 miles
Avenue H
0.71 miles
Church Ave Express Car Service
0.71 miles
Church Ave
0.72 miles
Fort Hamilton Parkway
0.96 miles
Avenue J
0.99 miles
Flatbush Avenue–Brooklyn College
1.11 miles
BP
0.12 miles
Speedway
0.26 miles
Citgo
0.35 miles
Shell
0.41 miles
Allegiance
0.69 miles
Mobil
0.73 miles
Sunoco
0.77 miles
EVgo
1.35 miles
FLO
2.18 miles
Tesla Supercharger
2.19 miles
Eastern Fruits and Vegetables
0.74 miles
US Postal Service
0.88 miles
Pathmark
1.61 miles
Kings County Parking Garage
1.87 miles
CVS
1.91 miles
Car Park Systems
1.96 miles
Ultra Car Park Systems
1.97 miles
Fine Fare
2.09 miles
The Brooklyn Museum and Botanic Garden
2.23 miles
Rapid Park
2.38 miles
Giant Car Wash
0.20 miles
Hollywood Car Wash
0.54 miles
Brooklyn's Famous Car Wash
0.92 miles
M&M Car Wash & Lube
1.67 miles
Platinum Car Wash
1.80 miles
Guadalupana Car & Limo Services
1.82 miles
Car Lease Brooklyn LLC
1.85 miles
White Swan Auto Spa
2.12 miles
Super Clean Car Wash
2.13 miles
Tropical Breeze Car Wash
2.21 miles
George's Restaurant
0.06 miles
Jalsa
0.07 miles
Lea
0.07 miles
Bella's Pizzeria
0.08 miles
Loony's Juice Bar
0.09 miles
Buger Bhai
0.09 miles
Bashi Channel
0.09 miles
Linda Restaurant
0.10 miles
Namaste Brooklyn
0.10 miles
Taqueria Maria and Ricardo
0.11 miles
Natural Frontier Market
0.08 miles
Ideal Food Basket
0.16 miles
Flatbush Food Co-Op
0.24 miles
Key Food
0.31 miles
C-Town
0.34 miles
Interfood
0.39 miles
Fortune Supermarket
0.61 miles
Desi Bazzar Supermarket
0.62 miles
Rosners
0.66 miles
Bobby's Dept. Store
0.75 miles
Ditmas Park Wellness
0.10 miles
Family Health Care Plaza
0.11 miles
FDNY Engine 281/Ladder 147
0.11 miles
Walgreens
0.27 miles
Duane Reade
0.29 miles
CVS Pharmacy
0.40 miles
Best Medical Care, PC
0.49 miles
First Care Pharmacy
0.49 miles
Drugs Care Pharmacy
0.59 miles
City Drugs Pharmacy
0.59 miles
Listing Summary
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Property Financials 415 Stratford Rd is currently listed for sale at $15,250,000 for a price per square foot of $173.3. Yearly taxes for this property stand at $319294.
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Property Details 415 Stratford Rd totals 88,000 square feet of Multi-Family space on a lot spanning 0.55 acres. The property was initially built in 1963.
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Area Characteristics 415 Stratford Rd is located in the Ditmas Park neighborhood.
In terms of ease of commuting, the area has a walk score of 94, indicating that it is perfect for walking.
