8423 14th Avenue Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
Property Features for 8423 14th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1
- Parking features
- Carport
- Basement
- Full
- Standard status
- Active
- Size
- 3,120 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15749
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Flat
Listing agent Annmarie Imbriale License #472066 (718) 491-6350
Listing office Annmarie Imbriale 9215 Ft. Hamilton Pkwy, Brooklyn, NY (718) 491-6350
Listing date Jul 13, 2026
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.
The exterior and structure are described as well-maintained, with a new roof and a skylight noted in the public remarks. The property also includes one private, gated off-street parking space.
Per the listing, all four apartments will be delivered vacant, and the full basement will also be delivered vacant. The property is zoned R4.
Key Highlights
- 4‑family property built in 1927 with 4 separate units and a full basement.
- New roof and skylight reported.
- All 4 apartments will be delivered vacant; full basement also delivered vacant.
Local Financial Insights For Multifamily LT 5
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 | $159.1k | $51.00 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $156.1k | $50.03 |
| − OpEx | −$46.8k | −$15.01 |
| NOI | $109.3k | $35.02 |
