Four-Family Residential
844 39th Street Brooklyn, NY 11232
For Sale
$1,990,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,252 SF
Lot Size0.06 Acres
Price / SF$611.93
Days on Market49
Property Features for 844 39th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M1-2
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 12, Bathroom 7, Bedroom 9, Bedroom 16, Bedroom 11, Bedroom 13, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 15, Bedroom 14, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 8, Bathroom 6, Bedroom 5
- Basement
- Finished
- Standard status
- Active
- Size
- 3,252 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9087
Building Details
- Year built
- 1931
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Qi Weng
(917) 708-9966
Added: Jun 8
Changed: Jul 17
Last Checked: Jul 26 at 9:06PM
MLS# 502116
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 four-family residential building features two stories of living space along with a finished basement. The property is described as being in good condition and includes a total lot size of 0.0575 acres, with 3,252 square feet of property size. Delivery is vacant, providing flexibility for an end user or investor looking to take occupancy immediately after closing.
Located at 844 39th Street in Brooklyn (11232), the property is positioned near restaurants, supermarkets, Sunset Park, and local shops. Public transportation access is noted as being just minutes away, including the D Line and nearby bus service.
The asset is listed under zoning designation M1-2. Additional income and operating details are not provided in the available information.
Located at 844 39th Street in Brooklyn (11232), the property is positioned near restaurants, supermarkets, Sunset Park, and local shops. Public transportation access is noted as being just minutes away, including the D Line and nearby bus service.
The asset is listed under zoning designation M1-2. Additional income and operating details are not provided in the available information.
Key Highlights
- Brick 4‑family house built in 1931
- 2 stories of living space plus a finished basement
- Flat roof
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 | $165.9k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $162.7k | $50.03 |
| − OpEx | −$48.8k | −$15.01 |
| NOI | $113.9k | $35.02 |
3,252 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.42M – $1.90M
NOI $113,891 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.65M
NOI $99,280 @ 7.0% cap · market cap 4.99%
Theoretical Best
Specialty Retail
$2.69M
$2.36M – $3.14M
NOI $188,486 @ 7.0% cap · market cap 9.47%
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 - Four-unit property with two stories plus a finished basement, delivered vacant, located near transit in Brooklyn.
Where is this quadplex located?
The property is located at 844 39th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Brick 4‑family house built in 1931; 2 stories of living space plus a finished basement; Flat roof
