4-Unit Brick
For Sale
$1,888,888
60 Quentin Road, Brooklyn, NY 11223
Four apartments have individual heating and hot water systems, with a private driveway serving the property.
Property Size3,262 SF
Price / SF$579.06
Days on Market43
Property Features for 60 Quentin Road
General Information
Standard status
Active
Size
3,262 SF
Property subtype
Residential Income
Units
Unit Mix
1 x studio, 3 x 2BR
Multifamily Units
4
Individually Metered Utilities
gas, electricity
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$21,134
Amenities
Formal Dining
Granite Counters
High Ceilings
Building Details
Building Size
3,262 SF
Year Built
1931
Buildings
1
Units
4
Construction
brick
Listing Agency:
Landmark International R E LLC
(718) 898-8300
Listed By:
Dongyue Niu · License #10401282827
(347) 870-1239
Source:
Clairedleone
Added: Sep 12
Changed: Oct 23
Last Checked: Oct 23 at 8:56AM
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 Landmark International R E LLC
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Investment Insights
Based on property information with market context.
This brick quadplex, built in 1931, contains one studio and three two-bedroom apartments, along with a finished basement accessed through a separate entrance. The property has its own driveway and can be delivered vacant. Each apartment has an individual heating and hot water system; those systems were replaced in 2024. The first-floor studio and two-bedroom apartment were renovated three years ago, and exterior pointing was completed in 2023. Five gas meters and six electric meters serve the building, allowing tenants to pay their own utility costs.
At 60 Quentin Road in Brooklyn’s Bensonhurst area, the property is a short distance from the NWDF train, the 86th Street supermarket, shopping and restaurants. Public schools in the area include PS 97 and IS 096 Seth Low.
At 60 Quentin Road in Brooklyn’s Bensonhurst area, the property is a short distance from the NWDF train, the 86th Street supermarket, shopping and restaurants. Public schools in the area include PS 97 and IS 096 Seth Low.
Key Highlights
- One studio and three two‑bedroom apartments
- Private driveway and a finished basement with separate entrance
- Individual heating and hot water systems replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,241
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,820
$2.3M
Cap Rate 7%
$1,632,014
$1.6M
Cap Rate 9%
$1,269,344
$1.3M
Market Conditions
NOI Build-Up for 3,262 SF
Gross rent
$166.4K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$163.2K $50.03/SF
− OpEx
−$49.0K −$15.01/SF
NOI
$114.2K $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%
$2,284,820
Cap Rate 7%
$1,632,014
Cap Rate 9%
$1,269,344
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,241 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,585 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,066 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,119
Businesses Nearby
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Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
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 apartments have individual heating and hot water systems, with a private driveway serving the property.
Where is this quadplex located?
The property is located at 60 Quentin Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,888,888.
What are key features of this property?
This property features: One studio and three two‑bedroom apartments; Private driveway and a finished basement with separate entrance; Individual heating and hot water systems replaced in 2024
