Four-Unit Residential Income
419 Amboy Street Brooklyn, NY 11212
New
For Sale
$1,200,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,198 SF
Lot Size0.06 Acres
Price / SF$375.23
Days on Market4
Property Features for 419 Amboy Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4
Basement
Full
Standard status
Active
Size
3,198 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
9576
Building Details
Year built
1930
Floors in Building
2
Number of units
4
Flooring type
Laminate
Building materials
Block, Brick
Roof type
Flat
Listing Agency:
Keller Williams Realty Landmar
(718) 475-2700
Listed By:
Winston Williams
(718) 475-2700
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 27 at 9:06AM
MLS# 503298
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-unit residential income property offers a simple, functional layout as a multi-family building. The property is described as having a shared driveway, and it is positioned on a relatively small lot.
Located at 419 Amboy Street in Brooklyn, NY 11212, the property is listed as zoned R6. It is presented for sale as a four-family asset.
With 3,198 square feet reported, this is a straightforward residential income option for buyers looking for a four-unit configuration with shared access.
Located at 419 Amboy Street in Brooklyn, NY 11212, the property is listed as zoned R6. It is presented for sale as a four-family asset.
With 3,198 square feet reported, this is a straightforward residential income option for buyers looking for a four-unit configuration with shared access.
Key Highlights
- 4‑family property with a shared driveway
- Built in 1930 with block and brick construction
- Flat roof
Financial Insights For Apartment 5plus
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 | $181.1k | $56.64 |
| − Vacancy | −$3.6k | −$1.13 |
| EGI | $177.5k | $55.51 |
| − OpEx | −$79.9k | −$24.98 |
| NOI | $97.6k | $30.53 |
3,198 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $111,999 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.63M
NOI $97,632 @ 7.0% cap · market cap 8.14%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,356 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-family residential income property with a shared driveway on a small lot.
Where is this quadplex located?
The property is located at 419 Amboy Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4‑family property with a shared driveway; Built in 1930 with block and brick construction; Flat roof