Brick Quadplex With Private
For Sale
$1,480,000
1664 80th Street, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
Property Size3,280 SF
Lot Size0.07 Acres
Price / SF$451.22
Days on Market26
Property Features for 1664 80th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 2, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Bensonhurst
Standard status
Active
Size
3,280 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
12000
Amenities
private driveway
solar panels
Building Details
Year built
1931
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Edmond Lin · License #10301219270
(718) 382-0001
Added: Jul 18
Changed: Aug 12
Last Checked: Aug 12 at 6:06PM
MLS# 503123
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 semi-detached brick quadplex sits on a 30 x 100 lot and contains 3,280 square feet, with a 20.50 x 80 building footprint. The four-apartment configuration includes three two-bedroom units and one one-bedroom unit, totaling 7 bedrooms and 5 full baths. Hardwood flooring, refrigerators, stoves, a flat roof, and private driveway parking are among the physical features. The property was built in 1931 and is being offered in as-is condition. It also has 5 gas meters, 5 electric meters, and 2 solar panels serving the 1R apartment and hallway.
The property is located near shopping, restaurants, schools, and places of worship in Brooklyn. Public transportation is minutes away, including the 79th Street Station on the D-train line. R5 zoning is identified for the property.
The property is located near shopping, restaurants, schools, and places of worship in Brooklyn. Public transportation is minutes away, including the 79th Street Station on the D-train line. R5 zoning is identified for the property.
Key Highlights
- Four‑family brick property with private driveway
- 3,280 square feet on a 30 x 100 lot
- Unit mix includes three 2‑bedroom apartments and one 1‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,461
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,789,220
$1.8M
Cap Rate 7%
$1,278,014
$1.3M
Cap Rate 9%
$994,011
$994.0K
Market Conditions
NOI Build-Up for 3,280 SF
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.
Gross rent
$133.8K $40.80/SF
− Vacancy
−$6.0K −$1.84/SF
EGI
$127.8K $38.96/SF
− OpEx
−$38.3K −$11.69/SF
NOI
$89.5K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,789,220
Cap Rate 7%
$1,278,014
Cap Rate 9%
$994,011
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,461 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,178 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,937 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,541
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit layout includes three two-bedroom apartments and one one-bedroom apartment.
Where is this quadplex located?
The property is located at 1664 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Four‑family brick property with private driveway; 3,280 square feet on a 30 x 100 lot; Unit mix includes three 2‑bedroom apartments and one 1‑bedroom apartment
