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Brick 4-Family Quadplex with Finished Basement
For Sale
$1,690,000

1888 W 6th Street, Brooklyn, NY 11223

MULTI_FAMILY - Brooklyn, NY

Property Size3,485 SF
Lot Size0.06 Acres
Price / SF$484.94
Days on Market250

Property Features for 1888 W 6th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R5B
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 10, Bedroom 2, Bathroom 2, Bedroom 8, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 9, Bathroom 3, Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 4
Interior features Refrigerator, Stove
Basement Finished
Subdivision Gravesend
Standard status Active
Size 3,485 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 12291

Building Details

Year built 1931
Floors in Building 2
Number of units 4
Flooring type Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: Momentum Real Estate LLC
Listed By: Meijuan (Minnie) Lin · License #10401310408
Added: Nov 25, 2025 Changed: Jul 30 Last Checked: Aug 2 at 2:06AM
MLS# 497576

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.

This brick 4-family quadplex at 1888 W 6th Street offers a practical two-level layout and extra finished space. The first floor contains two units, each with 2 bedrooms and 1 full bathroom. The second floor provides two additional units with 3 bedrooms and 1 full bathroom. A finished basement adds valuable bonus space, and there is a shared driveway for added convenience. Interior finishes include hardwood flooring, and the home lists a refrigerator and stove among interior features. The roof is flat, and the building was constructed in 1931.

The property is located in Brooklyn near Kings Highway and Avenue U, placing everyday shopping, dining, and transportation within close reach.

Set on a 0.0574-acre lot with a building size of 3,485 square feet, this R5B-zoned quadplex presents a straightforward income-oriented configuration with a clear unit split between the first and second floors.

Key Highlights

  • 0.0574‑acre lot at 1888 W 6th Street, Brooklyn, NY 11223
  • 4‑family layout: two 2‑bedroom/1‑bath units on the first floor; two 3‑bedroom/1‑bath units on the second floor
  • Finished basement adds bonus space

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 $177.7k $51.00
− Vacancy −$3.4k −$0.97
EGI $174.4k $50.03
− OpEx −$52.3k −$15.01
NOI $122.1k $35.02
3,485 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.74M
$1.53M – $2.03M (±1% cap)
NOI $122,051 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,393 @ 7.0% cap · market cap 6.30%
Theoretical Best
Specialty Retail
$2.89M
$2.52M – $3.37M (±1% cap)
NOI $201,991 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Tattoo & Piercing Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,643
Businesses Nearby

Demographics for 11223, NY

83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - R5B-zoned brick 4-family quadplex with two units per floor, finished basement, and shared driveway in Brooklyn.
Where is this quadplex located?
The property is located at 1888 W 6th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 0.0574‑acre lot at 1888 W 6th Street, Brooklyn, NY 11223; 4‑family layout: two 2‑bedroom/1‑bath units on the first floor; two 3‑bedroom/1‑bath units on the second floor; Finished basement adds bonus space
More about this property
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