Semi-Detached Brick
For Sale
$1,449,000
106 Newport Street, Brooklyn, NY 11212
MULTI_FAMILY - Brooklyn, NY
Property Size3,050 SF
Lot Size0.07 Acres
Price / SF$475.08
Days on Market192
Property Features for 106 Newport Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R6
Bedrooms
9
Bathrooms
7
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 6, Bathroom 6, Bathroom 3, Bathroom 5, Bedroom 4, Bathroom 7, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 8, Bedroom 3, Bedroom 9
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Brownsville
Standard status
Active
Size
3,050 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11204
Building Details
Year built
1930
Floors in Building
2
Number of units
4
Flooring type
Laminate, Linoleum, Ceramic, Hardwood
Building materials
Brick
Roof type
Rubber
Architectural style
Ranch
Listing Agency:
Champion Nation Realty Corp.
(718) 724-2606
Listed By:
Chris Honore
(718) 724-2606
Added: Jan 22
Changed: Jul 30
Last Checked: Aug 2 at 12:06PM
MLS# 498585
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Semi-detached brick quadplex featuring a four-unit layout in a Ranch-style building built in 1930. The configuration includes two 3-bedroom / 1-bath apartments, one 2-bedroom / 1-bath apartment, and one 1-bedroom / 1-bath apartment. Approx. 3,050 SF across the property with a full finished basement.
The home sits on a lot of 0.0658 acres and includes a private driveway with parking for 3+ vehicles. Zoning is R6.
The interior includes practical kitchen appliances and finishes such as laminate, linoleum, ceramic, and hardwood flooring, supporting comfortable day-to-day living for residents.
The home sits on a lot of 0.0658 acres and includes a private driveway with parking for 3+ vehicles. Zoning is R6.
The interior includes practical kitchen appliances and finishes such as laminate, linoleum, ceramic, and hardwood flooring, supporting comfortable day-to-day living for residents.
Key Highlights
- R6 zoning
- Semi‑detached brick quadplex built in 1930
- Two 3‑bedroom / 1‑bath units plus one 2‑bedroom / 1‑bath and one 1‑bedroom / 1‑bath
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.6k | $51.00 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $152.6k | $50.03 |
| − OpEx | −$45.8k | −$15.01 |
| NOI | $106.8k | $35.02 |
3,050 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.78M
NOI $106,816 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $93,113 @ 7.0% cap · market cap 6.43%
Theoretical Best
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $176,778 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,762
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - R6-zoned quadplex with three-bedroom and one-bedroom units, finished basement, and off-street parking for 3+ vehicles.
Where is this quadplex located?
The property is located at 106 Newport Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: R6 zoning; Semi‑detached brick quadplex built in 1930; Two 3‑bedroom / 1‑bath units plus one 2‑bedroom / 1‑bath and one 1‑bedroom / 1‑bath
