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Four-Unit Apartment Building
For Sale
$1,900,000
Pending

4-160 Decatur St, Brooklyn, NY 11216

One- and two-bedroom apartment mix with separate utility metering and flexible occupancy.

Property SizeContact for details
Days on Market275

Property Features for 4-160 Decatur St

General Information

Standard status Pending
Property subtype Residential Income
Occupancy 75%

Additional Details

Utilities to Site Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $9,137

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Exit Realty Group
Listed By: Stephanie Wilson
Source: Exprealty
Added: Nov 13, 2025 Changed: Aug 14 Last Checked: Aug 14 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Group

Investment Insights

Based on property information with market context.

Located at 4-160 Decatur St in Brooklyn, NY, this four-unit residential property includes a combination of one- and two-bedroom apartments. Three units are occupied, while none of the occupants have leases in place, providing flexibility at closing. Each apartment is supported by its own gas meter and electric meter, for four gas meters and four electric meters serving the building. The property is offered as-is and may accommodate an ownership structure that combines residence in one apartment with income from the remaining units.

Key Highlights

  • Four‑unit building with a mix of one- and two‑bedroom apartments
  • Three of four units are currently occupied
  • No leases are in place for the existing tenants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Nursing Home

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
75%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,450
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

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 - One- and two-bedroom apartment mix with separate utility metering and flexible occupancy.
Where is this quadplex located?
The property is located at 4-160 Decatur St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Four‑unit building with a mix of one- and two‑bedroom apartments; Three of four units are currently occupied; No leases are in place for the existing tenants
More about this property
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