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    712 Banner Ave Brooklyn, NY 11235

    For Sale
    $1,650,000

    Fully renovated 4-family home near Brighton Beach and Sheepshead Bay.

    Lot size:
    0.05 Acres

    Property Features for 712 Banner Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1930

    Source: Re Max Team Agent Natalya Gershanovich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated 4-Family Home For Sale

    This fully renovated 4-family home is located on the border of Brighton Beach and Sheepshead Bay. The semi-detached property has been completely renovated from top to bottom, offering modern comfort and quality finishes. Each unit is currently rented, providing immediate and reliable returns. The property also features a fully finished basement, ideal for additional recreation or storage space. The location is near public transportation, shopping, schools, and restaurants, and within a short distance of the beaches and the Brighton Beach Boardwalk. This property combines income potential with a prime location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.960799
    Latitude
    40.583141

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    FAQs

    What type of property is this?
    Quadplex - Fully renovated 4-family home near Brighton Beach and Sheepshead Bay.
    Where is this quadplex located?
    The property is located at 712 Banner Ave 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: - Fully renovated 4-family home offering modern comfort and quality finishes.; - Located on the border of Brighton Beach and Sheepshead Bay, a desirable coastal neighborhood.; - Currently rented units provide immediate and reliable rental income.
    (718) 312-0927
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    Brooklyn, NY 11235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    712 Banner Ave Brooklyn, NY 11235
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