4-Unit Detached Brick
817 Crown Street, Brooklyn, NY 11213
For Sale
New
$1,600,000
Residential, Brooklyn, NY
Property Size4,500 SF
Lot Size0.07 Acres
Price / SF$355.56
Days on Market2
Property Features for 817 Crown Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Subdivision
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Re/Max Central
Listed By:
Jose L. Paucar
(732) 972-1000
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 506065
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.
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Investment Insights
Based on property information with market context.
At 817 Crown Street in Brooklyn, this detached brick quadplex contains 4,500 square feet on a 0.0733-acre lot. The building measures 21' x 80', and the parcel measures 25' x 127'. A full basement has separate entrances at the front and rear. The property also includes a shared driveway and a detached 2-car garage. The first-floor front apartment has been renovated; the second-floor front unit is mid-rehabilitation and requires completion. The 2F, 1F, and 2R apartments, along with the basement and garage, are identified for vacant delivery. The listed apartment configurations are three bedrooms at 2F, two at 1F, and one at 2R.
The property is zoned R7-1. Building systems include a gas boiler, five electric meters, and four gas meters. The building dates to 1924.
The property is zoned R7-1. Building systems include a gas boiler, five electric meters, and four gas meters. The building dates to 1924.
Key Highlights
- Detached brick 4‑family building with 4,500 SF
- Building dimensions: 21' x 80'; lot dimensions: 25' x 127'
- 0.0733‑acre lot with shared driveway and detached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,380
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,600
$2.7M
Cap Rate 7%
$1,962,571
$2.0M
Cap Rate 9%
$1,526,444
$1.5M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$254.9K $56.64/SF
− Vacancy
−$5.1K −$1.13/SF
EGI
$249.8K $55.51/SF
− OpEx
−$112.4K −$24.98/SF
NOI
$137.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,600
Cap Rate 7%
$1,962,571
Cap Rate 9%
$1,526,444
Alternative Uses
Best Use
Multifamily LT 5
$2.25M
$1.97M – $2.63M
NOI $157,598 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$1.96M
$1.72M – $2.29M
NOI $137,380 @ 7.0% cap · market cap 8.59%
Theoretical Best
Specialty Retail
$3.73M
$3.26M – $4.35M
NOI $260,820 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,649
Businesses Nearby
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Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Brooklyn, NY
Properties on Market for Quadplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - R7-1 zoning, a full basement, and detached garage add practical features to this Brooklyn multifamily property.
Where is this quadplex located?
The property is located at 817 Crown Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Detached brick 4‑family building with 4,500 SF; Building dimensions: 21' x 80'; lot dimensions: 25' x 127'; 0.0733‑acre lot with shared driveway and detached 2‑car garage
