Spacious Brooklyn Four-Family Investment
2402 82nd Street Brooklyn, NY 11214
For Sale
$2,150,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,240 SF
Lot Size0.06 Acres
Price / SF$663.58
Days on Market432
Property Features for 2402 82nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,240 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13822
Building Details
- Year built
- 1921
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Emily Hui Chen-Liang
(917) 708-9966
Added: May 20, 2025
Changed: Jul 20
Last Checked: Jul 25 at 9:06PM
MLS# 492814
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 spacious four-family investment corner property is located at the intersection of 82nd Street and 24th Avenue in Brooklyn, New York. The property is situated minutes away from the D train at 86th Street and close to local attractions. The lot size is 2,700 square feet (27' x 100'), and the building size is 27' x 70'. The property includes a private driveway on 24th Avenue with space for two cars. Each of the four units features three bedrooms and is equipped with its own dedicated boiler, hot water heater, electric meter, and gas meter, offering independence and efficiency for tenants. The property, with zoning designation R5, is suitable for investors seeking a high-demand location with strong rental potential. The building size is 3,240 square feet.
Key Highlights
- Brick 4‑family corner property built in 1921 with a flat roof
- 27' x 70' building on a 27' x 100' (2,700 SF) lot
- Each of the four units has 3 bedrooms and its own dedicated boiler and hot water heater
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 | $132.2k | $40.80 |
| − Vacancy | −$5.9k | −$1.84 |
| EGI | $126.2k | $38.96 |
| − OpEx | −$37.9k | −$11.69 |
| NOI | $88.4k | $27.27 |
3,240 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,370 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,304 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Spacious four-family corner property in Brooklyn with strong rental potential.
Where is this quadplex located?
The property is located at 2402 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Brick 4‑family corner property built in 1921 with a flat roof; 27' x 70' building on a 27' x 100' (2,700 SF) lot; Each of the four units has 3 bedrooms and its own dedicated boiler and hot water heater
