135 Bay 29th Street Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 19, 2026
- Days on Market:
- 24
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 135 Bay 29th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- A/C Unit - Window, Deck, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,542 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13197
Building Details
- Year built
- 1960
- Floors in Building
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jason Zhou License #10301217017 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jun 19, 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.
Set on a lot sized 31' x 97', the building size is approximately 23' x 57'. Outdoor space includes a rear deck and a large backyard. The home is bright throughout with abundant windows. Recent updates include newer gas boilers and a hot water heater.
For buyers seeking a residential income property configuration, the unit design offers two self-contained apartment floors with consistent rooming and kitchen setups. The finished basement adds flexible space with its own full bathroom, while the built-in garage and two private driveways support off-street parking needs. With its 2-family structure and updated mechanicals, it can be a practical fit for owner-occupants or investors evaluating a Brooklyn R5-zoned property.
Key Highlights
- Semi‑detached 2‑family brick home built in 1960 with a flat roof
- Approx. 23' x 57' building size on a 31' x 97' lot
- 1st and 2nd floors each offer a 3‑bedroom, 1.5‑bath apartment with a separate living room, dining room, and eat‑in kitchen
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 | $144.5k | $40.80 |
| − Vacancy | −$6.5k | −$1.84 |
| EGI | $138.0k | $38.96 |
| − OpEx | −$41.4k | −$11.69 |
| NOI | $96.6k | $27.27 |
