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916 41st Street, Brooklyn, NY, 11219
Brooklyn Four-Family Home with Parking

916 41st Street Brooklyn, NY 11219

For Sale
$3,990,000

MULTI_FAMILY - Brooklyn, NY

Property Size5,107 SF
Lot Size0.07 Acres
Price / SF$781.28
Days on Market81

Property Features for 916 41st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
16
Bathrooms
14
Rooms
Bathroom 14, Bathroom 10, Bedroom 16, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 11, Bedroom 5, Bedroom 3, Bathroom 8, Bedroom 6, Bedroom 9, Bedroom 4, Bathroom 9, Bathroom 1, Bedroom 13, Bedroom 10, Bedroom 1, Bathroom 13, Bathroom 3, Bathroom 4, Bedroom 15, Bedroom 14, Bedroom 7, Bathroom 12, Bathroom 7, Bedroom 8, Bedroom 12, Bedroom 11
Interior features
Refrigerator, Stove
Basement
Finished
Standard status
Active
Size
5,107 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
20363

Building Details

Year built
1935
Floors in Building
4
Number of units
4
Flooring type
Hardwood, Tile, Ceramic
Building materials
Brick
Roof type
Flat
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Jose I. Garcia · License #10301211790
Added: May 7 Changed: Jun 8 Last Checked: Jul 26 at 5:06PM
MLS# 501234

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.

Located in Brooklyn, NY, this well-maintained four-family, semi-detached brick home presents a rare opportunity in Sunset Park. The income-producing property features a rare 10-foot community driveway with parking for two cars. The property includes a finished basement and spacious layouts throughout. Each floor offers two bedrooms, a bright living room, and a functional layout. The units are in excellent, move-in condition. The property is conveniently located one block from the shopping and dining corridor of 8th Avenue, Brooklyn Chinatown, providing easy access to restaurants, shopping, schools, parks, public transportation to Manhattan, and daily necessities. This property is suitable for both end-users and investors seeking an income-producing property in a prime Brooklyn location. The lot size is 0.069 acres and the property size is 5107 square feet. The zoning is R6.

Key Highlights

  • Income‑producing 4‑family brick home in desirable Sunset Park location.
  • Rare 10‑foot community driveway with parking for 2 cars.
  • Excellent move‑in condition with spacious layouts: each floor has 2 bedrooms, living room, and functional layout.

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 $220.6k $43.20
− Vacancy −$9.9k −$1.94
EGI $210.7k $41.26
− OpEx −$63.2k −$12.38
NOI $147.5k $28.88
5,107 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,486 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$1.89M
$1.65M – $2.21M (±1% cap)
NOI $132,391 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M (±1% cap)
NOI $231,752 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quieju (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Veterinary Clinic Acupuncture Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Income-producing four-family home in Sunset Park with parking.
Where is this quadplex located?
The property is located at 916 41st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Income‑producing 4‑family brick home in desirable Sunset Park location.; Rare 10‑foot community driveway with parking for 2 cars.; Excellent move‑in condition with spacious layouts: each floor has 2 bedrooms, living room, and functional layout.
More about this property
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