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    Brooklyn Multi-Family Brick Home Title is generated by Realmo AI

    106 Newport Street, Brooklyn, NY 11212

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    Claim this Listing
    For Sale
    $1,449,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Single Family Residence
    Property size:
    3,050 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $475/SF
    Added:
    Jan 22, 2026
    Days on Market:
    144
    Last Refresh:
    Jun 15 at 2:06 pm

    Property Features for 106 Newport Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R6
    Bedrooms
    9
    Bathrooms
    7
    Rooms
    Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 1, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 6, Bedroom 9, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 5
    Interior features
    Refrigerator, Stove
    Basement
    Finished
    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, Ceramic, Hardwood, Linoleum
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Chris Honore

    Listing agent Chris Honore

    Listing office Champion Nation Realty Corp. 316 E 94th Street #1R, Brooklyn, NY

    Listing date Jan 22, 2026

    MLS# 498585 Listing URL

    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.

    HighLights

    • 4‑unit semi‑detached brick multi‑family building in Brownsville, Brooklyn
    • Unit mix: two 3BR/1BA apartments, one 2BR/1BA apartment, and one 1BR/1BA apartment
    • Built in 1930; approx. 3,050 SF total building size
    • Private driveway with parking for 3+ vehicles
    • Full finished basement
    • Interior features include refrigerator and stove; flooring options include hardwood, laminate, ceramic, and linoleum

    Overview

    This semi-detached, four-family brick building is located in the Brownsville section of Brooklyn. Constructed in 1930, the building offers approximately 3,050 square feet of living space. The property includes two 3-bedroom/1-bathroom apartments, one 2-bedroom/1-bathroom apartment, and one 1-bedroom/1-bathroom apartment. It features a full finished basement and a private driveway with parking for 3+ vehicles. Situated on a lot of 0.0658 acres, this property is zoned R6. The location provides convenient access to the 3, 4, and L subway lines. It is also near Brookdale Hospital, parks, shopping, and local amenities. This property presents a strong income potential for investors or owner-occupants.

    Local 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 (±1% cap)
    NOI $106,816 @ 7.0% cap · market cap 7.37%
    Second Best
    Apartment 5plus
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $93,113 @ 7.0% cap · market cap 6.43%
    Theoretical Best
    Specialty Retail
    $2.53M
    $2.21M – $2.95M (±1% cap)
    NOI $176,778 @ 7.0% cap · market cap 12.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.91143
    Latitude
    40.658752

    FAQs

    What type of property is this?
    Quadplex - Four-unit brick building in Brownsville, Brooklyn with parking.
    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: 4‑unit semi‑detached brick multi‑family building in Brownsville, Brooklyn; Unit mix: two 3BR/1BA apartments, one 2BR/1BA apartment, and one 1BR/1BA apartment; Built in 1930; approx. 3,050 SF total building size
    More about this property
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