Multifamily Residential Income
For Sale
$4,200,000
4721 13th Ave, Brooklyn, NY 11219
Residential income multifamily property available for sale in Brooklyn, New York.
Property Size7,000 SF
Days on Market216
Property Features for 4721 13th Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Multi-Family
Building Details
Building Size
7,000 SF
Year Built
1931
Stories
3
Units
4
Listing Agency:
GFI Realty Services, LLC
Listed By:
Traci-lea Dixon · License #NY 10491205528
Source:
Commercialcafe
Added: Mar 31
Changed: Oct 31
Last Checked: Oct 30 at 11:10AM
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 GFI Realty Services, LLC
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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 is a multifamily residential income property being offered for sale. The available information does not specify the building layout, unit count, or interior/exterior condition.
The property is located at 4721 13th Ave in Brooklyn, New York (11219). No additional details are provided regarding access, frontage, parking, or nearby retail or transit.
For additional specifics on the building configuration and income details, please request the available offering materials.
The property is located at 4721 13th Ave in Brooklyn, New York (11219). No additional details are provided regarding access, frontage, parking, or nearby retail or transit.
For additional specifics on the building configuration and income details, please request the available offering materials.
Key Highlights
- Income multifamily property for sale in Brooklyn, New York
- Built in 1931
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,464
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,629,280
$3.6M
Cap Rate 7%
$2,592,343
$2.6M
Cap Rate 9%
$2,016,267
$2.0M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$344.4K $49.20/SF
− Vacancy
−$14.5K −$2.07/SF
EGI
$329.9K $47.13/SF
− OpEx
−$148.5K −$21.21/SF
NOI
$181.5K $25.92/SF
Area
ZIP 11219
Vacancy
4.20%
Lease Rate
$49.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,629,280
Cap Rate 7%
$2,592,343
Cap Rate 9%
$2,016,267
Alternative Uses
Best Use
Apartment 5plus
$2.59M
$2.27M – $3.02M
NOI $181,464 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,654 @ 7.0% cap · market cap 7.56%
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
Location Intelligence
Trade Area within ½ mile
7,740
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income multifamily property available for sale in Brooklyn, New York.
Where is this multifamily property located?
The property is located at 4721 13th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Income multifamily property for sale in Brooklyn, New York; Built in 1931
