1961 W 10th St, Brooklyn, NY 11223
Detached four-family brick building in Gravesend, great location.
- 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
Listing office Ben Bay Realty Co (718) 238-6080
Listing date Mar 11, 2026
Source Elliman
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9816
- Latitude
- 40.5993