Brick Quadplex with Private
For Sale
$1,449,000
106 Newport Street, Brooklyn, NY 11212
Residential, Ranch, Brooklyn, NY
Property Size3,050 SF
Lot Size0.07 Acres
Price / SF$475.08
Days on Market274
Property Features for 106 Newport Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R6
Bedrooms
9
Bathrooms
7
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 5, Bedroom 7, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Brownsville
Standard status
Active
Size
3,050 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11204
Building Details
Year built
1930
Floors in Building
2
Number of units
4
Flooring type
Ceramic, Hardwood, Laminate, Linoleum
Building materials
Brick
Roof type
Rubber
Architectural style
Ranch
Listing Agency:
Champion Nation Realty Corp.
Listed By:
Chris Honore
(718) 724-2606
Added: Jan 22
Changed: Oct 20
Last Checked: Oct 23 at 6:06AM
MLS# 498585
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,050-square-foot quadplex is a semi-detached brick building constructed in 1930. The layout includes two three-bedroom, one-bathroom apartments, plus one two-bedroom, one-bathroom apartment and one one-bedroom, one-bathroom apartment. A full finished basement adds usable interior space. The property also includes a private driveway with parking for 3+ vehicles, rubber roofing, and a mix of linoleum, ceramic, hardwood, and laminate flooring. Refrigerators and stoves are included, and the property is zoned R6.
Located at 106 Newport Street in Brooklyn’s Brownsville section, the building is near the 3, 4, and L subway lines, Brookdale Hospital, parks, shopping, and local amenities. The 0.0658-acre parcel provides a compact urban setting for a four-unit residential configuration.
Located at 106 Newport Street in Brooklyn’s Brownsville section, the building is near the 3, 4, and L subway lines, Brookdale Hospital, parks, shopping, and local amenities. The 0.0658-acre parcel provides a compact urban setting for a four-unit residential configuration.
Key Highlights
- Four‑unit brick building with two 3‑bedroom, 1‑bath apartments, one 2‑bedroom, 1‑bath apartment, and one 1‑bedroom, 1‑bath apartment
- 3,050 square feet on a 0.0658‑acre parcel
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,816
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,320
$2.1M
Cap Rate 7%
$1,525,943
$1.5M
Cap Rate 9%
$1,186,844
$1.2M
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$155.6K $51.00/SF
− Vacancy
−$3.0K −$0.97/SF
EGI
$152.6K $50.03/SF
− OpEx
−$45.8K −$15.01/SF
NOI
$106.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,320
Cap Rate 7%
$1,525,943
Cap Rate 9%
$1,186,844
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.78M
NOI $106,816 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $93,113 @ 7.0% cap · market cap 6.43%
Theoretical Best
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $176,778 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,762
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with a finished basement, private parking, and a varied bedroom mix.
Where is this quadplex located?
The property is located at 106 Newport Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Four‑unit brick building with two 3‑bedroom, 1‑bath apartments, one 2‑bedroom, 1‑bath apartment, and one 1‑bedroom, 1‑bath apartment; 3,050 square feet on a 0.0658‑acre parcel; Full finished basement
