Sheepshead Bay Four-Family
2127 Haring St, Brooklyn, NY 11229
Well-maintained, newer construction multifamily in established Brooklyn neighborhood.
Type:Mixed Use
Property size:
4,050 SFLot size:
0.07 AcresPrice / SF:
$469/SF- Added:
- Feb 25, 2026
- Days on Market:
- 96
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2127 Haring St
General Information
- Standard status
- Active
- Size
- 4,050 SF
- Lot size
- 0.07 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2006
Listing agent Kenneth Pierre-louis License #NY
Listing office Hope Realty Group
Listing date Feb 25, 2026
Source Crexi
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 Hope Realty Group
HighLights
- Newer construction built in 2006, a rare find in Brooklyn.
- Income‑generating potential with four residential units, ideal for investors.
- Prime Sheepshead Bay location, close to shopping, dining, and transportation.
- Flood Zone X provides peace of mind.
- Solid construction and size, approximately 4,050 sq ft with functional layouts.
- Strong curb appeal on a quiet residential block.
Overview
This well-maintained four-family walk-up is located in Sheepshead Bay. Constructed in 2006, this multifamily property offers approximately 4,050 square feet across four residential units. The building features a functional layout and solid construction. Situated on a 32' x 100' lot with R4 zoning, the property is non-owner occupied. The property is located in Flood Zone X. This semi-attached structure has curb appeal on a quiet residential block. It is conveniently located near shopping, dining, transportation, and neighborhood amenities. The property is in close proximity to the Kings Highway corridor, schools, and major thoroughfares. This property is suited for both end users and investors.
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 | $206.6k | $51.00 |
| − Vacancy | −$3.9k | −$0.97 |
| EGI | $202.6k | $50.03 |
| − OpEx | −$60.8k | −$15.01 |
| NOI | $141.8k | $35.02 |
4,050 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.03M
$1.77M – $2.36M
NOI $141,838 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$1.77M
$1.55M – $2.06M
NOI $123,642 @ 7.0% cap · market cap 6.51%
Theoretical Best
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,738 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.940471
- Latitude
- 40.599795
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained, newer construction multifamily in established Brooklyn neighborhood.
Where is this quadplex located?
The property is located at 2127 Haring St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Newer construction built in 2006, a rare find in Brooklyn.; Income‑generating potential with four residential units, ideal for investors.; Prime Sheepshead Bay location, close to shopping, dining, and transportation.
