Renovated Four-Unit
2219 60th Street, Brooklyn, NY 11204
For Sale
$2,500,000
Residential, Brooklyn, NY
Property Size3,280 SF
Lot Size0.06 Acres
Price / SF$762.20
Days on Market101
Property Features for 2219 60th 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
Amenities
private driveway
spacious backyard
fully finished basement
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
ProBase Real Estate
Listed By:
Xi Xian (Johnny) Pan · License NY XXP4124
(718) 210-2727
Added: Aug 7
Changed: Nov 15
Last Checked: Nov 15 at 5:06PM
MLS# 503622
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 renovated quadplex contains four vacant apartments, each arranged with two bedrooms and one bathroom. The 3,280-square-foot brick property was built in 1928 and includes laminate and tile flooring, refrigerators, and stoves. A finished basement with direct outdoor access expands the usable space, while a private driveway and backyard add practical exterior features. The flat-roof building is zoned R6 and occupies 0.0644 acres.
The property is located between Bay Parkway and 60th Street in Brooklyn. Restaurants, shops, supermarkets, and other everyday services surround the area, with access to the B6 and B9 bus lines and the F and N trains. The four-unit layout supports full-property occupancy, owner use in one apartment with additional units available, or multigenerational residential arrangements.
The property is located between Bay Parkway and 60th Street in Brooklyn. Restaurants, shops, supermarkets, and other everyday services surround the area, with access to the B6 and B9 bus lines and the F and N trains. The four-unit layout supports full-property occupancy, owner use in one apartment with additional units available, or multigenerational residential arrangements.
Key Highlights
- Four vacant apartments, each with 2 bedrooms and 1 bathroom
- 3,280‑square‑foot brick quadplex built in 1928
- Finished basement with direct outdoor access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,871
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,297,420
$2.3M
Cap Rate 7%
$1,641,014
$1.6M
Cap Rate 9%
$1,276,344
$1.3M
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$167.3K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$164.1K $50.03/SF
− OpEx
−$49.2K −$15.01/SF
NOI
$114.9K $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%
$2,297,420
Cap Rate 7%
$1,641,014
Cap Rate 9%
$1,276,344
Alternative Uses
Best Use
Multifamily LT 5
$1.64M
$1.44M – $1.91M
NOI $114,871 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,135 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.17M
NOI $190,109 @ 7.0% cap · market cap 7.60%
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
3,114
Businesses Nearby
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Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Market
Average Price Trend$/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 - Four vacant two-bedroom apartments provide flexible residential occupancy options in a brick building with a finished basement.
Where is this quadplex located?
The property is located at 2219 60th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four vacant apartments, each with 2 bedrooms and 1 bathroom; 3,280‑square‑foot brick quadplex built in 1928; Finished basement with direct outdoor access
