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    137 Bay 11Th St Brooklyn, NY 11228

    Pending
    For Sale
    $1,999,000

    LAND - Brooklyn, NY

    Lot size:
    0.13 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 137 Bay 11Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R4
    APN
    06396-0018
    Lot size
    0.13 Acres

    Volpe Realty (718) 356-9200 [email protected]

    Listing agent Debra Ann Neglia (718) 356-9200

    Listing date Oct 17, 2025

    MLS# 2505398 Listing URL

    Copyright © 2025 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multifamily Property For Sale

    This is a rare opportunity to acquire a three-family property in Brooklyn, New York. The property is zoned R4, and prospective buyers are encouraged to consult with their architect. It is situated in a prime location near buses, shops, restaurants, and the train. The property will be delivered vacant. The lot size is approximately 0.13 acres. House and lot sizes are approximate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.010734
    Latitude
    40.607692

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    FAQs

    What type of property is this?
    Apartment building - Three-family property in prime location, R4 zoning, delivered vacant.
    Where is this apartment building located?
    The property is located at 137 Bay 11Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Rare opportunity: First time offered on the market.; - Delivered vacant: Ready for immediate occupancy or renovation.; - R4 zoning: Potential for development or expansion (consult architect).
    (718) 356-9200
    Request Owner's contact information
    137 Bay 11Th St Brooklyn, NY 11228
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    Brooklyn, NY 11228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    137 Bay 11Th St Brooklyn, NY 11228
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