Four-Unit Brick
1888 W 6th Street, Brooklyn, NY 11223
For Sale
$1,690,000
Residential, Duplex, Brooklyn, NY
Property Size3,485 SF
Lot Size0.06 Acres
Price / SF$484.94
Days on Market350
Property Features for 1888 W 6th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License NY MJL6058
(718) 382-0001
Added: Nov 25, 2025
Changed: Oct 28
Last Checked: Nov 9 at 11:06AM
MLS# 497576
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 3,485-square-foot brick quadplex, built in 1931, contains four residential units across two floors. The first level includes two two-bedroom apartments, each with one full bathroom. Two additional three-bedroom apartments occupy the second floor, also with one full bathroom each. Hardwood flooring, refrigerators, and stoves are included, while the finished basement provides additional interior space. A flat roof and shared driveway are also part of the property configuration.
The property is located in Brooklyn near Kings Highway and Avenue U, with transportation, shops, restaurants, and other neighborhood services nearby. The lot encompasses 0.0574 acres and carries R5B zoning.
The property is located in Brooklyn near Kings Highway and Avenue U, with transportation, shops, restaurants, and other neighborhood services nearby. The lot encompasses 0.0574 acres and carries R5B zoning.
Key Highlights
- Four‑unit brick property with 3,485 square feet of building area
- Unit mix includes two 2‑bedroom apartments and two 3‑bedroom apartments
- Each apartment includes 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,051
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,020
$2.4M
Cap Rate 7%
$1,743,586
$1.7M
Cap Rate 9%
$1,356,122
$1.4M
Market Conditions
NOI Build-Up for 3,485 SF
Gross rent
$177.7K $51.00/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$174.4K $50.03/SF
− OpEx
−$52.3K −$15.01/SF
NOI
$122.1K $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%
$2,441,020
Cap Rate 7%
$1,743,586
Cap Rate 9%
$1,356,122
Alternative Uses
Best Use
Multifamily LT 5
$1.74M
$1.53M – $2.03M
NOI $122,051 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,393 @ 7.0% cap · market cap 6.30%
Theoretical Best
Specialty Retail
$2.89M
$2.52M – $3.37M
NOI $201,991 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,643
Businesses Nearby
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Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Brooklyn, NY
Properties on Market for Quadplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with varied unit layouts, finished basement space, and shared driveway access.
Where is this quadplex located?
The property is located at 1888 W 6th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Four‑unit brick property with 3,485 square feet of building area; Unit mix includes two 2‑bedroom apartments and two 3‑bedroom apartments; Each apartment includes 1 full bathroom
