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    Gravesend Detached Four Family Brick Title is generated by Realmo AI

    1961 W 10th St, Brooklyn, NY 11223

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    For Sale
    $1,888,000

    Detached four-family brick building in Gravesend, great location.

    Type:Multi Family
    Property size:
    3,100 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $609/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 3 at 2:44 am

    Property Features for 1961 W 10th St

    General Information

    Standard status
    Active
    Size
    3,100 SF
    Lot size
    0.06 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1931

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    Anthony Mussolino

    Listing office Ben Bay Realty Co

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ben Bay Realty Co

    HighLights

    • Detached 4‑family brick building
    • Over 3100 sq. ft. of living space plus a full basement
    • Four apartments: two 2‑bedroom units and two 1‑bedroom units
    • Great location near Avenue S & T, with access to schools, shopping, and transportation
    • Full basement with rear entrance
    • Shared drive with curb cut

    Overview

    This detached two-story brick four-family building is located in Gravesend. Constructed in 1931, the property offers over 3100 square feet of living space plus a full basement with a rear entrance. The building's dimensions are 20 feet by 78 feet, situated on a 25 foot by 100 foot lot. The first floor features two apartments: the front apartment has 4 rooms with 2 bedrooms, a living room, a kitchen, and a full bath; the rear apartment has 3 rooms with 1 bedroom, a living room, a kitchen, and a full bath. The second floor also contains two apartments: the front apartment has 3 bedrooms, a living room, a kitchen, and a full bath; the rear apartment has 1 bedroom, a living room, a kitchen, and a full bath. The property includes a shared drive with a curb cut in front. It is located between Avenue S and T, near schools, shopping, and transportation. This property is suitable for a 1031 exchange.

    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 $158.1k $51.00
    − Vacancy −$3.0k −$0.97
    EGI $155.1k $50.03
    − OpEx −$46.5k −$15.01
    NOI $108.6k $35.02
    3,100 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,567 @ 7.0% cap · market cap 5.75%
    Second Best
    Apartment 5plus
    $1.35M
    $1.18M – $1.58M (±1% cap)
    NOI $94,640 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Specialty Retail
    $2.57M
    $2.25M – $2.99M (±1% cap)
    NOI $179,676 @ 7.0% cap · market cap 9.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bed & Breakfast Nursing Home Tattoo & Piercing Shop Storage Facility Coworking & Hybrid Office Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9816
    Latitude
    40.5993

    FAQs

    What type of property is this?
    Quadplex - Detached four-family brick building in Gravesend, great location.
    Where is this quadplex located?
    The property is located at 1961 W 10th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,888,000.
    What are key features of this property?
    This property features: Detached 4‑family brick building; Over 3100 sq. ft. of living space plus a full basement; Four apartments: two 2‑bedroom units and two 1‑bedroom units
    More about this property
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