Gravesend Four-Family Investment
60 Quentin Road, Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
Property size:
3,262 SFLot size:
0.07 AcresPrice / SF:
$612/SF- Added:
- Apr 24, 2026
- Days on Market:
- 33
- Last Refresh:
- May 26 at 6:06 am
Property Features for 60 Quentin Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3
- Interior features
- A/C Unit - Window, Dishwasher, Refrigerator, Stove, Terrace, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,262 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 21134
Building Details
- Year built
- 1931
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Ceramic, Hardwood
- Building materials
- Brick, Wood Frame
- Roof type
- Flat
Listing agent Konstantina Zisimopoulou (718) 748-1800
Listing office Jabour Realty Company 8704 3rd Avenue, Brooklyn, NY (718) 748-1800
Listing date Apr 24, 2026
MLS# 500838
Listing URL
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.
HighLights
- Strong annual gross income of $132,000.
- Four‑family property with three 2‑bedroom apartments and one studio.
- First‑floor two‑bedroom unit with direct access to a large, private backyard.
- Each unit has its own independent heating and hot water system.
- Shared driveway leading to rear parking with space for up to two cars.
- Located in a convenient and desirable area of Gravesend, close to public transportation, shopping, and neighborhood amenities.
Overview
This well-maintained four-family property is located in Gravesend. Situated on a 0.0651-acre lot with a building footprint of 25 by 69 feet, the property offers an annual gross income of $132,000. The building, with a total size of 3,262 square feet, features three two-bedroom apartments and one studio. The apartments have living areas, updated kitchens, and bedrooms. The first-floor two-bedroom unit includes access to a private backyard. Each unit is equipped with its own independent heating and hot water system. The lower level has a separate entrance. A shared driveway leads to rear parking with space for up to two cars. The property is located near public transportation, shopping, and neighborhood amenities. It is located in Kings County (Brooklyn), New York.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.27M
NOI $114,241 @ 9.00% cap · cautious / downside scenario
Moderate
$1.63M
NOI $114,241 @ 7.00% cap · market / base-case scenario
Aggressive
$2.28M
NOI $114,241 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $166.4k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $163.2k | $50.03 |
| − OpEx | −$49.0k | −$15.01 |
| NOI | $114.2k | $35.02 |
3,262 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,241 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,585 @ 7.0% cap · market cap 4.98%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,066 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.984466
- Latitude
- 40.605118
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-family property in Gravesend with strong income potential.
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 $1,998,000.
What are key features of this property?
This property features: Strong annual gross income of $132,000.; Four‑family property with three 2‑bedroom apartments and one studio.; First‑floor two‑bedroom unit with direct access to a large, private backyard.
