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    Brooklyn Four-Family Building For Sale Title is generated by Realmo AI

    4019 10th Avenue, Brooklyn, NY 11219

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    For Sale
    $1,299,999

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    3,700 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $351/SF
    Added:
    Mar 14, 2024
    Days on Market:
    824
    Last Refresh:
    Jun 15 at 5:06 pm

    Property Features for 4019 10th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    5
    Rooms
    Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 1
    Basement
    Full
    Standard status
    Active
    Size
    3,700 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1930

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    Listing Contact
    ZaiYou (Joe) Zhu

    Listing agent ZaiYou (Joe) Zhu

    Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

    Listing date Mar 14, 2024

    MLS# 480583 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

    • Large 4‑family, 4‑story building in highly sought‑after Sunset Park/Boro Park.
    • Finished basement.
    • Conveniently located near 8th Ave and Fort Hamilton Pkwy.
    • Steps from the D‑train with easy access to Manhattan.
    • R6, C2‑3 zoning offers development potential.
    • Built in 1930.

    Overview

    This expansive four-story, four-family building with a finished basement is located in the Sunset Park-Boro Park area of Brooklyn. The property is situated close to 8th Avenue and Fort Hamilton Parkway, and is steps from the D-train, providing convenient access to Manhattan. The property is zoned R6, C2-3. This property may be suitable for investors seeking rental income, end-users looking to capitalize on rental income, or builders/developers. The lot size is 0.0356 acres and the property size is 3700 square feet.

    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 $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 (±1% cap)
    NOI $106,853 @ 7.0% cap · market cap 8.22%
    Second Best
    Apartment 5plus
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $95,917 @ 7.0% cap · market cap 7.38%
    Theoretical Best
    Office A
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $167,903 @ 7.0% cap · market cap 12.92%
    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
    -73.993666
    Latitude
    40.643537

    FAQs

    What type of property is this?
    Quadplex - Spacious four-story building in prime Brooklyn location near transportation.
    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 $1,299,999.
    What are key features of this property?
    This property features: Large 4‑family, 4‑story building in highly sought‑after Sunset Park/Boro Park.; Finished basement.; Conveniently located near 8th Ave and Fort Hamilton Pkwy.
    More about this property
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