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Three-Story Brick Quadplex
For Sale
$1,550,000

2630 Harway Avenue, Brooklyn, NY 11214

Residential, Brooklyn, NY

Property Size3,500 SF
Lot Size0.05 Acres
Price / SF$442.86
Days on Market142

Property Features for 2630 Harway Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Subdivision Bensonhurst
Standard status Active
Size 3,500 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 9592

Building Details

Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: Ashford Homes LLC
Listed By: Christina T. Liang · License #CTL8850
Added: May 27 Changed: Oct 13 Last Checked: Oct 15 at 12:06PM
MLS# 501789

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 three-story, four-family residence at 2630 Harway Avenue contains approximately 3,500 square feet and is constructed of brick beneath a flat roof. The first and second floors each provide three bedrooms, a living room, dining area, eat-in kitchen, and full bathroom. The third floor is divided into front and rear one-bedroom units, each with living space, an eat-in kitchen, and a full bathroom. Hardwood flooring is included among the interior finishes.

The property occupies a 21-by-118-foot lot, with a building footprint measuring 21 by 56 feet. It is located in Bath Beach, Brooklyn, within ZIP Code 11214, and carries R5 zoning. The source information also notes room for a potential 20-foot extension.

Key Highlights

  • Four‑family, three‑story brick residence
  • Approximately 3,500 square feet on a 0.0482‑acre lot
  • 21‑by‑56‑foot building on a 21‑by‑118‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$95,462
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,909,240 $1.9M
Cap Rate 7%
$1,363,743 $1.4M
Cap Rate 9%
$1,060,689 $1.1M
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$142.8K $40.80/SF
− Vacancy
−$6.4K −$1.84/SF
EGI
$136.4K $38.96/SF
− OpEx
−$40.9K −$11.69/SF
NOI
$95.5K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,909,240
Cap Rate 7%
$1,363,743
Cap Rate 9%
$1,060,689

Alternative Uses

Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,462 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,555 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,921 @ 7.0% cap · market cap 9.22%
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 (Bike/Boat/Book/etc) Store Hotel & Motel Catering Service

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

1,728
Businesses Nearby

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Four-family layout with hardwood flooring, separate residential units, and R5 zoning in Bath Beach.
Where is this quadplex located?
The property is located at 2630 Harway Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Four‑family, three‑story brick residence; Approximately 3,500 square feet on a 0.0482‑acre lot; 21‑by‑56‑foot building on a 21‑by‑118‑foot lot
More about this property
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