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Vacant Two-Family Attached Home

250 Bay 14th Street Brooklyn, NY 11214

250 Bay 14th Street, Brooklyn, NY, 11214
$1,289,000
For Sale
$1,289,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,890 SF
Lot Size0.04 Acres
Price / SF$682.01
Days on Market51

Property Features for 250 Bay 14th Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2
Parking features
Driveway
Basement
Full, Finished, Apartment
Standard status
Active
APN
6461-224
Size
1,890 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
8323

Utilities

Sewer type
Public Sewer
Heating system
Steam, Natural Gas

Building Details

Year built
1940
Floors in Building
3
Number of units
2
Building materials
Brick
Listing agency Robert DeFalco Realty, Inc.
Listed by Raymond Ebro
Added: Jun 3 Updated: Jul 22 at 12:38PM Checked: Jul 23 at 2:06AM
MLS# 2603098

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This attached two-family residence is delivered completely vacant and available for immediate occupancy or rental. Unit 1 spans the first and second levels and includes three bedrooms, a full bathroom, a half bathroom, and living space throughout. Unit 2 is on the third level and features three rooms, a kitchen, a living room, and a full bathroom.

The property includes a private gated driveway providing off-street parking. The roof is reported to be approximately three years old.

The building is fully vacant and configured for a two-unit setup, offering flexibility for an owner-occupant or investor under R4 zoning.

Key Highlights

  • Brick two‑family attached home built in 1940 with 2 units
  • Unit 1: first and second levels with 3 bedrooms plus 2.5 bathrooms
  • Unit 2: third level with 3 rooms, kitchen, living room, and 1 full bathroom

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 $77.1k $40.80
− Vacancy −$3.5k −$1.84
EGI $73.6k $38.96
− OpEx −$22.1k −$11.69
NOI $51.5k $27.27
1,890 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$736.4K
$644.4K – $859.2K (±1% cap)
NOI $51,549 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$660.0K
$577.5K – $770.0K (±1% cap)
NOI $46,200 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.10M
$964.7K – $1.29M (±1% cap)
NOI $77,177 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Catering Service (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Storage Facility

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

FAQs

What type of property is this?
Duplex - Vacant attached two-family home with off-street parking via a private gated driveway and a three-year-old roof.
Where is this duplex located?
The property is located at 250 Bay 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Brick two‑family attached home built in 1940 with 2 units; Unit 1: first and second levels with 3 bedrooms plus 2.5 bathrooms; Unit 2: third level with 3 rooms, kitchen, living room, and 1 full bathroom
Contact an agent
More about this property
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