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Brick Quadplex with Finished Basement
For Sale
$1,980,000

2234 63rd Street, Brooklyn, NY 11204

Residential, Brooklyn, NY

Property Size3,200 SF
Lot Size0.06 Acres
Price / SF$618.75
Days on Market50

Property Features for 2234 63rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 10, Bedroom 7, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 2
Interior features Refrigerator, Stove
Basement Full, Finished
Subdivision Bensonhurst
Standard status Active
Size 3,200 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 17972

Building Details

Year built 1925
Floors in Building 2
Number of units 4
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Listing Agency: Tiger Realty
Listed By: Hang (Tyler) Chen · License #HC3855
Added: Aug 25 Changed: Oct 10 Last Checked: Oct 13 at 4:06PM
MLS# 504018

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.

Located at 2234 63rd Street in Brooklyn, this semi-detached quadplex was built in 1925 and provides approximately 3,200 square feet of interior space. The brick property contains 10 bedrooms and 4 bathrooms, with a full finished basement adding useful additional area. Hardwood and tile flooring, a flat roof, and a shared driveway are among the existing features.

The building occupies a 0.0574-acre lot measuring 25 by 100 feet, while the structure measures approximately 21 by 80 feet. Interior equipment includes a refrigerator and stove. The property is zoned R4-1 and is situated near shopping, restaurants, schools, and public transportation.

Key Highlights

  • Four‑family quadplex with 10 bedrooms and 4 bathrooms
  • Approximately 3,200 square feet of building area
  • Full finished basement and shared driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$112,069
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,241,380 $2.2M
Cap Rate 7%
$1,600,986 $1.6M
Cap Rate 9%
$1,245,211 $1.2M
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$163.2K $51.00/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$160.1K $50.03/SF
− OpEx
−$48.0K −$15.01/SF
NOI
$112.1K $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%
$2,241,380
Cap Rate 7%
$1,600,986
Cap Rate 9%
$1,245,211

Alternative Uses

Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,069 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,693 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,472 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,854
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Semi-detached four-family property with a shared driveway and mixed hardwood and tile flooring.
Where is this quadplex located?
The property is located at 2234 63rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Four‑family quadplex with 10 bedrooms and 4 bathrooms; Approximately 3,200 square feet of building area; Full finished basement and shared driveway
More about this property
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