Renovated 4-Family Brick
18 Brighton 4th Terrace, Brooklyn, NY 11235
New
MULTI_FAMILY - Brooklyn, NY
Property size:
3,800 SFLot size:
0.06 AcresPrice / SF:
$421/SF- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 1:06 am
Property Features for 18 Brighton 4th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14640
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Qais Shawabkeh (718) 333-5530
Listing office Deera Realty Group 8515 3rd Ave, Brooklyn, NY (718) 333-5530
Listing date Jul 7, 2026
MLS# 502831
Listing URL
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.
HighLights
- Fully renovated brick semi‑detached 4‑family building built in 1930
- Unit mix: three 2‑bedroom, 1.5‑bathroom units plus one 1‑bedroom unit, all with free‑market rents
- Each unit has a dedicated Navien boiler and tankless water heater
- Tenants pay their own fuel and hot water, reducing owner utility expense
- Full finished basement
- Interior features include hardwood floors and a flat roof; kitchens include refrigerator and stove
Overview
Fully renovated brick semi-detached 4-family building offered turnkey. The property is configured as three spacious 2-bedroom, 1.5-bath units and one 1-bedroom unit. Each unit includes modern kitchens and updated bathrooms, along with its own dedicated Navien boiler and tankless water heater. A full finished basement provides additional usable space. Tenants pay their own fuel and hot water, which shifts those utility expenses to the residents. The building is listed within R6 zoning.
The property is located in Brooklyn on Brighton 4th Terrace, with convenient transit access to multiple subway lines. It is within a short distance to the B and Q trains at Brighton Beach Subway Station and the F train at Neptune Avenue, as well as the Q train at Ocean Parkway Station. The listing also notes close proximity to the beach, boardwalk, and Belt Parkway.
This layout is well-suited for an owner seeking a stable mix of unit types, including three larger 2-bedroom homes and a separate 1-bedroom unit. With individual heating and tankless water systems for each unit and resident responsibility for fuel and hot water, the property is positioned for straightforward day-to-day management. The listing also references potential to charge for parking.
The property is located in Brooklyn on Brighton 4th Terrace, with convenient transit access to multiple subway lines. It is within a short distance to the B and Q trains at Brighton Beach Subway Station and the F train at Neptune Avenue, as well as the Q train at Ocean Parkway Station. The listing also notes close proximity to the beach, boardwalk, and Belt Parkway.
This layout is well-suited for an owner seeking a stable mix of unit types, including three larger 2-bedroom homes and a separate 1-bedroom unit. With individual heating and tankless water systems for each unit and resident responsibility for fuel and hot water, the property is positioned for straightforward day-to-day management. The listing also references potential to charge for parking.
Local 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 | $193.8k | $51.00 |
| − Vacancy | −$3.7k | −$0.97 |
| EGI | $190.1k | $50.03 |
| − OpEx | −$57.0k | −$15.01 |
| NOI | $133.1k | $35.02 |
3,800 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.90M
$1.66M – $2.22M
NOI $133,082 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$1.66M
$1.45M – $1.93M
NOI $116,010 @ 7.0% cap · market cap 7.25%
Theoretical Best
Specialty Retail
$3.15M
$2.75M – $3.67M
NOI $220,248 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Herbhub Dispensary
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.963667
- Latitude
- 40.581706
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully renovated semi-detached four-family with separate boilers and tankless hot water, supported by individual tenant utility responsibility.
Where is this quadplex located?
The property is located at 18 Brighton 4th Terrace Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Fully renovated brick semi‑detached 4‑family building built in 1930; Unit mix: three 2‑bedroom, 1.5‑bathroom units plus one 1‑bedroom unit, all with free‑market rents; Each unit has a dedicated Navien boiler and tankless water heater
