Four-Family Brick
2238 63rd Street Brooklyn, NY 11204
2238 63rd Street, Brooklyn, NY, 11204
$1,950,000
For Sale
$1,950,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,200 SF
Lot Size0.06 Acres
Price / SF$609.38
Days on Market9
Property Features for 2238 63rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bathroom 1
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 18706
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
JC Real Estate Capital Inc
(718) 513-1885
6702 20th Ave, Brooklyn, NY
Listed by
Jean-Claude Ho
(718) 513-1885
Added: Jul 9 Checked: Jul 17 at 3:06 am
MLS# 502841
Listing URL
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.
This four-family brick property includes one 1-bedroom apartment and three 2-bedroom apartments. The building features a shared driveway and a full basement with approximately 7-foot ceilings. Building systems include a hot water system approximately 7 years old, and a roof approximately 10 years old. Several units have been updated, while others may offer renovation opportunities for future improvements.
The property is located at 2238 63rd Street in Brooklyn (Bensonhurst area), within zoning R4-1. It measures approximately 20.5 feet by 80 feet and provides approximately 3,200 square feet of living space.
A portion of the property may be available for vacant possession, supporting straightforward transition for an investor or an owner-occupant. The building is positioned for daily convenience with nearby shopping, restaurants, schools, parks, houses of worship, and access to the N Train at Bay Parkway Station.
The property is located at 2238 63rd Street in Brooklyn (Bensonhurst area), within zoning R4-1. It measures approximately 20.5 feet by 80 feet and provides approximately 3,200 square feet of living space.
A portion of the property may be available for vacant possession, supporting straightforward transition for an investor or an owner-occupant. The building is positioned for daily convenience with nearby shopping, restaurants, schools, parks, houses of worship, and access to the N Train at Bay Parkway Station.
Key Highlights
- 1925 brick 4‑family property with a unit mix of 1 one‑bedroom and 3 two‑bedroom apartments
- Building measures approx. 20.5 ft x 80 ft with approx. 3,200 SF of living space
- Shared driveway plus a full basement with approx. 7‑foot ceilings
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 | $163.2k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $160.1k | $50.03 |
| − OpEx | −$48.0k | −$15.01 |
| NOI | $112.1k | $35.02 |
3,200 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $112,069 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,693 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,472 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - 4-family brick property with one 1-bedroom and three 2-bedroom units, plus a full basement and shared driveway.
Where is this quadplex located?
The property is located at 2238 63rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 1925 brick 4‑family property with a unit mix of 1 one‑bedroom and 3 two‑bedroom apartments; Building measures approx. 20.5 ft x 80 ft with approx. 3,200 SF of living space; Shared driveway plus a full basement with approx. 7‑foot ceilings
