Brooklyn Four-Family Home
1888 W 6th Street Brooklyn, NY 11223
For Sale
$1,690,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,485 SF
Lot Size0.06 Acres
Price / SF$484.94
Days on Market244
Property Features for 1888 W 6th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5B
Bedrooms
10
Bathrooms
4
Rooms
Bathroom 4, Bedroom 4, Bedroom 10, Bedroom 8, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 9, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Finished
Standard status
Active
Size
3,485 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
12291
Building Details
Year built
1931
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #10401310408
(718) 382-0001
Added: Nov 25, 2025
Changed: Jul 11
Last Checked: Jul 27 at 2:06PM
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.
Investment Insights
Based on property information with market context.
This solid brick 4-family home presents an incredible investment opportunity in the heart of Brooklyn. The property is ideally situated moments from Kings Highway and Avenue U, offering unmatched convenience to transportation, shops, restaurants, and neighborhood essentials. The first floor contains two units, each featuring 2 bedrooms and 1 full bathroom. The second floor provides two spacious units, each with 3 bedrooms and 1 full bathroom, ideal for strong rental income. The property includes a finished basement that adds valuable bonus space. A shared driveway offers added convenience. The property is located in Brooklyn, NY, within the postal code area 11223, and is zoned R5B. The lot size is 0.0574 acres. The property size is 3485 square feet.
Key Highlights
- Solid brick 4‑family home built in 1931
- First floor: two units, each with 2 bedrooms and 1 full bathroom
- Second floor: two units, each with 3 bedrooms and 1 full bathroom
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 | $177.7k | $51.00 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $174.4k | $50.03 |
| − OpEx | −$52.3k | −$15.01 |
| NOI | $122.1k | $35.02 |
3,485 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Solid brick 4-family home in prime Brooklyn location.
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: Solid brick 4‑family home built in 1931; First floor: two units, each with 2 bedrooms and 1 full bathroom; Second floor: two units, each with 3 bedrooms and 1 full bathroom
