About This Home

This 0-bedroom, 8-bathroom commercial at 89 Luquer Street in Brooklyn, NY is listed for $3,500,000 ($700 per sqft). Built in 1900, the home offers 5,000 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1900
  • 0.06 acre lot
  • 4 stories

Property Details

4 stories
8 full
1900
Listing Description

Please reach out for income & expenses set up Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25' x 100' lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify).

Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders.

Annual property taxes are approximately $15,324, contributing to a favorable operating profile. Situated in one of Brooklyn's most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope.

Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

89 Luquer Street

Brooklyn, NY 11231

Carroll Gardens

Questions & Answers

This 0-bedroom, 8-bathroom commercial at 89 Luquer Street is listed at $3,500,000 ($700/sqft). The estimated monthly payment is $18,719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.06 acre lot, 4 stories.

This property is listed by Francesco Galeano.

FG

Francesco Galeano

Agent at FRANK GALEANO LICENSED REAL ESTATE BROKER INC

Listed by FRANK GALEANO LICENSED REAL ESTATE BROKER INC · Broker phone: 718-596-9545

MLS# 11874756· Source: My State MLS· 143 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

89 Luquer Street, Brooklyn, NY 11231

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