Four-Family Building with Finished
For Sale
$1,650,000
4019 10th Avenue, Brooklyn, NY 11219
MULTI_FAMILY - Brooklyn, NY
Property Size3,700 SF
Lot Size0.04 Acres
Price / SF$445.95
Days on Market872
Property Features for 4019 10th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 4
Basement
Full
Subdivision
Sunset Park
Standard status
Active
Size
3,700 SF
Lot size
0.04 Acres
Building Details
Year built
1930
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
ZaiYou (Joe) Zhu
(718) 612-3088
Added: Mar 14, 2024
Changed: Jul 31
Last Checked: Aug 2 at 11:06PM
MLS# 480583
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.
Four-family, four-story quadplex building with a finished basement, built in 1930. The property totals 3,700 square feet and sits on a 0.0356-acre lot.
Located at 4019 10th Avenue in Brooklyn (11219), the building is described as being close to 8th Ave and Fort Hamilton Pkwy, with access to the D-train just steps away. The listing also references zoning including R6 and C2-3.
The layout includes multiple bathrooms, and the basement is finished, offering additional usable space within the overall building configuration.
Located at 4019 10th Avenue in Brooklyn (11219), the building is described as being close to 8th Ave and Fort Hamilton Pkwy, with access to the D-train just steps away. The listing also references zoning including R6 and C2-3.
The layout includes multiple bathrooms, and the basement is finished, offering additional usable space within the overall building configuration.
Key Highlights
- Four‑family, four‑story building with a finished basement
- 3,700 SF total building area
- 0.0356‑acre lot
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 | $159.8k | $43.20 |
| − Vacancy | −$7.2k | −$1.94 |
| EGI | $152.6k | $41.26 |
| − OpEx | −$45.8k | −$12.38 |
| NOI | $106.9k | $28.88 |
3,700 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.78M
NOI $106,853 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,917 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,903 @ 7.0% cap · market cap 10.18%
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
5,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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 - Four-family, four-story building with a finished basement on a 0.0356-acre lot, zoned R6 and C2-3.
Where is this quadplex located?
The property is located at 4019 10th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four‑family, four‑story building with a finished basement; 3,700 SF total building area; 0.0356‑acre lot
