Brick 4-Unit
New
For Sale
$2,200,000
1642 66th Street, Brooklyn, NY 11204
Residential, Brooklyn, NY
Property Size3,680 SF
Lot Size0.06 Acres
Price / SF$597.83
Days on Market2
Property Features for 1642 66th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
5
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 2
Patio and Porch features
Deck
Interior features
Deck, Dryer, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
Bensonhurst
Standard status
Active
Size
3,680 SF
Lot size
0.06 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Annual Amount
14987
Amenities
private backyard
Building Details
Year built
1931
Floors in Building
2
Number of units
4
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Rubber
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Nov 5
Last Checked: Nov 6 at 9:06AM
MLS# 505855
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.
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Investment Insights
Based on property information with market context.
This 3,680-square-foot brick quadplex contains four apartments with a combined 11 bedrooms and five bathrooms. The unit mix includes two-, three-, and four-bedroom layouts. One first-floor apartment connects to the basement, which includes recreation areas and laundry; the property also has a private backyard and deck. The lot measures 27.5' by 100', with a building footprint of 23' by 80'.
Reported work includes roof repairs, brick pointing, waterproofing, insulation, and updates to the heating and hot-water systems. The building has five electric meters and four gas meters, and was built in 1931.
The property is near N and D subway service, B64 and B4 buses, educational options, and the 18th Avenue shopping corridor, with restaurants, cafes, banks, and everyday services in the surrounding area.
Reported work includes roof repairs, brick pointing, waterproofing, insulation, and updates to the heating and hot-water systems. The building has five electric meters and four gas meters, and was built in 1931.
The property is near N and D subway service, B64 and B4 buses, educational options, and the 18th Avenue shopping corridor, with restaurants, cafes, banks, and everyday services in the surrounding area.
Key Highlights
- Four apartments with 11 bedrooms and five bathrooms in total
- 3,680 square feet on a 0.0631‑acre lot
- Building footprint: 23' * 80'; lot dimensions: 27.5' * 100'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,880
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,577,600
$2.6M
Cap Rate 7%
$1,841,143
$1.8M
Cap Rate 9%
$1,432,000
$1.4M
Market Conditions
NOI Build-Up for 3,680 SF
Gross rent
$187.7K $51.00/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$184.1K $50.03/SF
− OpEx
−$55.2K −$15.01/SF
NOI
$128.9K $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%
$2,577,600
Cap Rate 7%
$1,841,143
Cap Rate 9%
$1,432,000
Alternative Uses
Best Use
Multifamily LT 5
$1.84M
$1.61M – $2.15M
NOI $128,880 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$1.60M
$1.40M – $1.87M
NOI $112,347 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$3.05M
$2.67M – $3.55M
NOI $213,293 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,075
Businesses Nearby
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Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments provide a range of bedroom layouts, including two-, three-, and four-bedroom units.
Where is this quadplex located?
The property is located at 1642 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four apartments with 11 bedrooms and five bathrooms in total; 3,680 square feet on a 0.0631‑acre lot; Building footprint: 23' * 80'; lot dimensions: 27.5' * 100'
