4-Unit Apartment
For Sale
$1,650,000
4019 10th Avenue, Brooklyn, NY 11219
A finished basement and four-story configuration distinguish this Brooklyn property near the D train.
Property Size3,700 SF
Price / SF$445.95
Days on Market111
Property Features for 4019 10th Avenue
General Information
Standard status
Active
Size
3,700 SF
Property subtype
Quadruplex
Zoning
R6, C2-3
Additional Details
Public Transit
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,288
Building Details
Building Size
3,700 SF
Year Built
1930
Buildings
1
Stories
4
Listing Agency:
RE/MAX Edge
Listed By:
Zaiyou Zhu · License #10401312891
(718) 288-3835
Source:
Poljanproperties
Added: Jul 19
Changed: Oct 31
Last Checked: Nov 5 at 9:34AM
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 RE/MAX Edge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-family apartment property has four stories and a finished basement. Built in 1930, it is located at 4019 10th Avenue in Brooklyn.
The property is near 8th Avenue and Fort Hamilton Parkway, with the D train a short walk away and access to Manhattan. Zoning is identified as R6 and C2-3.
The property is near 8th Avenue and Fort Hamilton Parkway, with the D train a short walk away and access to Manhattan. Zoning is identified as R6 and C2-3.
Key Highlights
- Four‑family building arranged across four stories, with a finished basement
- Zoning: R6 and C2‑3
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,853
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,060
$2.1M
Cap Rate 7%
$1,526,471
$1.5M
Cap Rate 9%
$1,187,256
$1.2M
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$159.8K $43.20/SF
− Vacancy
−$7.2K −$1.94/SF
EGI
$152.6K $41.26/SF
− OpEx
−$45.8K −$12.38/SF
NOI
$106.9K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,060
Cap Rate 7%
$1,526,471
Cap Rate 9%
$1,187,256
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.78M
NOI $106,853 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,917 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,903 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
5,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - A finished basement and four-story configuration distinguish this Brooklyn property near the D train.
Where is this quadplex located?
The property is located at 4019 10th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four‑family building arranged across four stories, with a finished basement; Zoning: R6 and C2‑3; Built in 1930
