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141 Bay 47th Street, Brooklyn, NY, 11214
Brick Duplex with Two-Car Driveway

141 Bay 47th Street Brooklyn, NY 11214

For Sale
$1,380,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$690
Days on Market46

Property Features for 141 Bay 47th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
2,000 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
8725

Building Details

Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency: Winzone Realty Inc
Listed By: Bin Hu Zhan
Added: Jun 9 Changed: Jul 23 Last Checked: Jul 24 at 3:06AM
MLS# 502155

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 two-dwelling brick house is configured as a duplex with two separate apartments over two floors. The first-floor unit offers three bedrooms, including a master bedroom with a full bath, plus a large living room, dining room, open kitchen, and two full bathrooms. The second-floor unit also provides three bedrooms with its own living room, dining room, open kitchen, and a full bath with a skylight. A fully finished basement includes two separate entrances leading to a private backyard.

The property is located at 141 Bay 47th Street in Brooklyn, NY 11214, in Bath Beach. It is described as conveniently positioned near the D-line train station, supermarkets, convenience stores, restaurants, and well-known schools. The home also features a private driveway for two cars. Delivery is vacant.

The duplex layout and multiple entrances from the finished basement support flexible everyday access for residents. With two separate apartments and a private outdoor area, the property may appeal to owner-occupants or investors looking for a residential income structure that can be delivered vacant for immediate occupancy planning.

Key Highlights

  • Two‑dwelling brick house with building size 20x50 on a 20x97 lot
  • First‑floor 3‑bedroom apartment with master bedroom and full bath, plus large living and dining area and open kitchen
  • First floor includes 2 full bathrooms; second floor offers 3 bedrooms with open kitchen and full bath with skylight

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 $81.6k $40.80
− Vacancy −$3.7k −$1.84
EGI $77.9k $38.96
− OpEx −$23.4k −$11.69
NOI $54.5k $27.27
2,000 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$779.3K
$681.9K – $909.2K (±1% cap)
NOI $54,550 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$698.4K
$611.1K – $814.8K (±1% cap)
NOI $48,889 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,669 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flores Solutions Multiservices Construction Company Celestia Construction Construction Company

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Hotel & Motel Nursing Home Acupuncture Catering Service Clothing & Fashion Store Nursing Home

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

FAQs

What type of property is this?
Duplex - Two-unit brick duplex with two separate entrances to a finished basement and a private two-car driveway.
Where is this duplex located?
The property is located at 141 Bay 47th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Two‑dwelling brick house with building size 20x50 on a 20x97 lot; First‑floor 3‑bedroom apartment with master bedroom and full bath, plus large living and dining area and open kitchen; First floor includes 2 full bathrooms; second floor offers 3 bedrooms with open kitchen and full bath with skylight
More about this property
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