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Sunset Park Four-Family Home

872 41st Street Brooklyn, NY 11232

Claim this Listing
For Sale
$2,980,000

MULTI_FAMILY - Brooklyn, NY

Property size:
4,400 SF
Lot size:
0.05 Acres
Price / SF:
$677/SF
Added:
Mar 13, 2025
Days on Market:
486
Last Refresh:
Jul 11 at 3:06 pm

Property Features for 872 41st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
16
Bathrooms
8
Rooms
Bedroom 2, Bedroom 4, Bedroom 11, Bedroom 8, Bathroom 1, Bedroom 7, Bathroom 7, Bedroom 12, Bathroom 2, Bedroom 9, Bedroom 3, Bedroom 15, Bathroom 5, Bedroom 1, Bathroom 8, Bedroom 14, Bedroom 13, Bedroom 10, Bedroom 6, Bedroom 16, Bathroom 6, Bathroom 4, Bathroom 3, Bedroom 5
Interior features
Refrigerator, Stove
Basement
Finished
Standard status
Active
Size
4,400 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
9681

Building Details

Year built
1945
Floors in Building
4
Number of units
4
Flooring type
Tile
Building materials
Brick
Roof type
Flat

Listing agent Hang (Tyler) Chen

Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

Listing date Mar 13, 2025

MLS# 489992 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.


Investment Insights

Based on property information with market context.

This semi-detached, brick, four-story building is a multifamily property located in Brooklyn, NY. The building contains four apartments, each featuring four bedrooms and two bathrooms. The building's dimensions are 20x55. The property includes private front parking and a semi-finished basement. Situated in Sunset Park, the property benefits from its location. The lot size is 0.046 acres. The first and third floors will be delivered vacant, offering flexibility. The property is zoned R6. The property size is 4400 square feet, presenting a potential investment opportunity.

Key Highlights

  • Brick 4‑family semi‑detached home with four 4‑bedroom, 2‑bath apartments
  • 20x55, 4‑story building with private front parking and a semi‑finished basement
  • Year built: 1945

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 $224.4k $51.00
− Vacancy −$4.3k −$0.97
EGI $220.1k $50.03
− OpEx −$66.0k −$15.01
NOI $154.1k $35.02
4,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.20M
$1.93M – $2.57M (±1% cap)
NOI $154,095 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,327 @ 7.0% cap · market cap 4.51%
Theoretical Best
Specialty Retail
$3.64M
$3.19M – $4.25M (±1% cap)
NOI $255,024 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store Acupuncture Skin Care Clinic Nursing Home Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-family home in Sunset Park with strong rental income.
Where is this quadplex located?
The property is located at 872 41st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Brick 4‑family semi‑detached home with four 4‑bedroom, 2‑bath apartments; 20x55, 4‑story building with private front parking and a semi‑finished basement; Year built: 1945
Contact an agent
More about this property
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