Two-Family Residential Income
187 Bay 14th Street, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
Property size:
2,480 SFLot size:
0.05 AcresPrice / SF:
$483/SF- Added:
- Jun 15, 2026
- Days on Market:
- 23
- Last Refresh:
- Jul 7 at 2:06 am
Property Features for 187 Bay 14th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3
- Interior features
- Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer, Window Treatments
- Basement
- Finished
- Standard status
- Active
- Size
- 2,480 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5056
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Ceramic, Tile, Hardwood
- Building materials
- Block, Wood Frame
- Roof type
- Flat
- Architectural style
- Tudor
Listing agent Antoinette Oddo (718) 680-6442
Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY (718) 680-6442
Listing date Jun 15, 2026
MLS# 502329
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.
HighLights
- Two‑family home built in 1910 with Tudor architectural style
- Each unit has 2 bedrooms and 2 full baths, plus central air
- Separate gas heating systems and hot water tanks for both units
- Finished basement with a separate entrance for recreation and storage
- First‑floor unit includes an open layout with vaulted ceilings and a spacious living room overlooking the large backyard
- Second‑floor unit features a sunny living room and access to a private terrace with sunset views
Overview
This two-family home in Brooklyn is set up for comfortable separate living, with each unit offering 2 bedrooms and 2 full baths. Both apartments include central air conditioning, and the property is supported by separate gas heating systems and hot water tanks for each unit. Interior space includes an open first-floor layout with vaulted ceilings and a spacious living room overlooking the large backyard. The second-floor unit has a bright kitchen and living room and provides access to a private terrace with sunset views. A finished basement with a separate entrance adds additional space for recreation or storage.
The home sits on a tree-lined block and is positioned for everyday convenience, with shopping, restaurants, and transportation nearby.
For owner-occupants, the layout supports living on one level while benefiting from independent services and amenities for the other unit. For investors or buyers seeking a residential income setup, the property offers two well-defined apartments, each with its own central air and separate utilities, plus added usable space in the basement.
The home sits on a tree-lined block and is positioned for everyday convenience, with shopping, restaurants, and transportation nearby.
For owner-occupants, the layout supports living on one level while benefiting from independent services and amenities for the other unit. For investors or buyers seeking a residential income setup, the property offers two well-defined apartments, each with its own central air and separate utilities, plus added usable space in the basement.
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 | $101.2k | $40.80 |
| − Vacancy | −$4.6k | −$1.84 |
| EGI | $96.6k | $38.96 |
| − OpEx | −$29.0k | −$11.69 |
| NOI | $67.6k | $27.27 |
2,480 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$966.3K
$845.5K – $1.13M
NOI $67,642 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$866.0K
$757.8K – $1.01M
NOI $60,622 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,270 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.009371
- Latitude
- 40.605157
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two units with central air, separate heating systems, and private outdoor space offer flexible living or rental options.
Where is this duplex located?
The property is located at 187 Bay 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family home built in 1910 with Tudor architectural style; Each unit has 2 bedrooms and 2 full baths, plus central air; Separate gas heating systems and hot water tanks for both units
