Brick Quadplex with Detached
For Sale
$1,999,999
316 84th Street, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size2,458 SF
Lot Size0.06 Acres
Price / SF$813.67
Days on Market135
Property Features for 316 84th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 4
Patio and Porch features
Patio, Deck, Porch
Interior features
A/C Unit, A/C Unit - Wall, A/C Unit - Window, Central Air, Central Air - Split, Deck, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer, Window Treatments
Subdivision
Bay Ridge
Standard status
Active
Size
2,458 SF
Lot size
0.06 Acres
Amenities
washer and dryer
private balcony
Building Details
Year built
1926
Floors in Building
2
Number of units
4
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Compass Greater New York, LLC
Listed By:
Athena Salavantis
(718) 921-0500
Added: Jun 10
Changed: Oct 20
Last Checked: Oct 22 at 9:06PM
MLS# 502180
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 2,458-square-foot brick quadplex was built in 1926 and contains four free-market apartments. The layout includes a garden-level residence, two apartments on the first floor, and a top-floor unit with a private balcony. Two apartments are occupied and two are vacant. Interior features include wall, window, and split-system air-conditioning options, along with kitchens equipped with refrigerators, stoves, dishwashers, and microwaves. Hardwood and tile flooring are also present.
The property occupies a 0.0574-acre lot at 316 84th Street in Brooklyn, NY 11209. Exterior features include a shared driveway, detached two-car garage, porch, deck, patio garden, and flat roof. A washer and dryer are included, and the property is zoned R4-1.
The property occupies a 0.0574-acre lot at 316 84th Street in Brooklyn, NY 11209. Exterior features include a shared driveway, detached two-car garage, porch, deck, patio garden, and flat roof. A washer and dryer are included, and the property is zoned R4-1.
Key Highlights
- Four free‑market apartments: one garden‑level, two first‑floor, and one top‑floor unit
- 2,458 square feet on a 0.0574‑acre lot
- Two occupied apartments and two vacant apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,083
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,721,660
$1.7M
Cap Rate 7%
$1,229,757
$1.2M
Cap Rate 9%
$956,478
$956.5K
Market Conditions
NOI Build-Up for 2,458 SF
Gross rent
$125.4K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$123.0K $50.03/SF
− OpEx
−$36.9K −$15.01/SF
NOI
$86.1K $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%
$1,721,660
Cap Rate 7%
$1,229,757
Cap Rate 9%
$956,478
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.43M
NOI $86,083 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$1.07M
$938.0K – $1.25M
NOI $75,040 @ 7.0% cap · market cap 3.75%
Theoretical Best
Specialty Retail
$2.04M
$1.78M – $2.37M
NOI $142,466 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,776
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four free-market apartments with a private balcony, shared driveway, laundry, and a detached two-car garage.
Where is this quadplex located?
The property is located at 316 84th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Four free‑market apartments: one garden‑level, two first‑floor, and one top‑floor unit; 2,458 square feet on a 0.0574‑acre lot; Two occupied apartments and two vacant apartments
