Brick 4-Family
856 42nd Street Brooklyn, NY 11232
For Sale
$3,999,999
MULTI_FAMILY - Brooklyn, NY
Property Size3,198 SF
Lot Size0.06 Acres
Price / SF$1,250
Days on Market52
Property Features for 856 42nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R6
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Interior features
- A/C Unit - Window, Refrigerator, Stove, Window Treatments
- Basement
- Full
- Standard status
- Active
- Size
- 3,198 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15295
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing Agency:
Real Broker NY LLC
(718) 256-4000
Listed By:
Patricia J. Caltabiano
(718) 269-4598
Added: Jun 6
Changed: Jun 9
Last Checked: Jul 26 at 11:06PM
MLS# 502029
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.
This brick, four-family duplex offers a well-maintained exterior and updated interior units. The property has had recent building system improvements, including a new boiler and a new water heater with new pipelines, along with updated apartments throughout.
The building is located in Brooklyn’s Sunset Park area, at 856 42nd Street (11232). The property is positioned for tenants who value access to nearby Brooklyn waterfront and the surrounding commercial activity referenced by Industry City, with proximity to the D/N/R subway lines also mentioned in the listing remarks.
For investors and owner-operators seeking a four-unit residential income property, this asset provides a straightforward multifamily configuration in a residential income and mixed-use context. The listing indicates strong rental demand in the area for working families, and notes that net income and expenses are available upon request. For additional details and to schedule a showing, contact the listing broker.
The building is located in Brooklyn’s Sunset Park area, at 856 42nd Street (11232). The property is positioned for tenants who value access to nearby Brooklyn waterfront and the surrounding commercial activity referenced by Industry City, with proximity to the D/N/R subway lines also mentioned in the listing remarks.
For investors and owner-operators seeking a four-unit residential income property, this asset provides a straightforward multifamily configuration in a residential income and mixed-use context. The listing indicates strong rental demand in the area for working families, and notes that net income and expenses are available upon request. For additional details and to schedule a showing, contact the listing broker.
Key Highlights
- Brick 4‑family duplex built in 1920 with multiple bedrooms and bathrooms across the units
- New boiler and new water heater, with updates described as new pipelines to the building
- Updated apartments with in‑unit finishes including tile and hardwood flooring
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 | $163.1k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $160.0k | $50.03 |
| − OpEx | −$48.0k | −$15.01 |
| NOI | $112.0k | $35.02 |
3,198 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $111,999 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.63M
NOI $97,632 @ 7.0% cap · market cap 2.44%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,356 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Updated, well-maintained four-unit building with a new boiler and updated water system in Brooklyn.
Where is this quadplex located?
The property is located at 856 42nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: Brick 4‑family duplex built in 1920 with multiple bedrooms and bathrooms across the units; New boiler and new water heater, with updates described as new pipelines to the building; Updated apartments with in‑unit finishes including tile and hardwood flooring
