Fully Renovated 4-Unit
18 Brighton 4th Terrace Brooklyn, NY 11235
18 Brighton 4th Terrace, Brooklyn, NY, 11235
$1,450,000
For Sale
$1,450,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,800 SF
Lot Size0.06 Acres
Price / SF$381.58
Days on Market10
Property Features for 18 Brighton 4th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Full, Unfinished
- 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 Agency
Deera Realty Group
(718) 333-5530
8515 3rd Ave, Brooklyn, NY
Listed by
Qais Shawabkeh
(718) 333-5530
Added: Jul 7 Checked: Jul 16 at 11:06 pm
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.
Investment Insights
Based on property information with market context.
This fully renovated brick semi-detached four-family building offers a total of three spacious two-bedroom, 1.5-bath units and one one-bedroom unit. Each unit has modern kitchens and updated bathrooms. Heating and hot water are handled with dedicated systems, including a Navien boiler and a tankless water heater for each unit.
The property includes a full finished basement. Tenants pay their own fuel and hot water, a structure designed to reduce owner utility expense. Additional income may be considered through parking charges, subject to tenant arrangements.
Located in Brighton Beach, Brooklyn, the building is within a short distance of multiple subway lines, including the B and Q at Brighton Beach Subway Station and the F at Neptune Avenue, as well as the Q at Ocean Parkway Station. It is also close to the beach, boardwalk, and Belt Parkway. This configuration makes the property a practical fit for an investor or end-user looking for a renovated, turnkey multifamily with independent utilities and a mix of unit sizes. The offering presents a straightforward way to own a four-unit income property in a well-connected coastal Brooklyn area.
The property includes a full finished basement. Tenants pay their own fuel and hot water, a structure designed to reduce owner utility expense. Additional income may be considered through parking charges, subject to tenant arrangements.
Located in Brighton Beach, Brooklyn, the building is within a short distance of multiple subway lines, including the B and Q at Brighton Beach Subway Station and the F at Neptune Avenue, as well as the Q at Ocean Parkway Station. It is also close to the beach, boardwalk, and Belt Parkway. This configuration makes the property a practical fit for an investor or end-user looking for a renovated, turnkey multifamily with independent utilities and a mix of unit sizes. The offering presents a straightforward way to own a four-unit income property in a well-connected coastal Brooklyn area.
Key Highlights
- Fully renovated brick semi‑detached 4‑family building with 3 two‑bedroom 1.5‑bath units and 1 one‑bedroom unit
- Each unit has modern kitchens and updated bathrooms, plus its own Navien boiler and tankless water heater
- Tenants pay their own fuel and hot water, helping reduce owner operating expenses
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 9.18%
Second Best
Apartment 5plus
$1.66M
$1.45M – $1.93M
NOI $116,010 @ 7.0% cap · market cap 8.00%
Theoretical Best
Specialty Retail
$3.15M
$2.75M – $3.67M
NOI $220,248 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Herbhub Dispensary
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey brick four-family with updated units and dedicated heating systems, offering income-focused potential.
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 $1,450,000.
What are key features of this property?
This property features: Fully renovated brick semi‑detached 4‑family building with 3 two‑bedroom 1.5‑bath units and 1 one‑bedroom unit; Each unit has modern kitchens and updated bathrooms, plus its own Navien boiler and tankless water heater; Tenants pay their own fuel and hot water, helping reduce owner operating expenses
