26 Bay 11th Street Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
Property Features for 26 Bay 11th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Garage
- Interior features
- Dishwasher, Garage Door Opener(s), Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9944
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Parquet Wood
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Richard Gravante (718) 236-3800
Listing office Shore Road Realty 1514 86th Street, Brooklyn, NY (718) 236-3800
Listing date Jul 9, 2026
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Investment Insights
Based on property information with market context.
Located in the Dyker Park area of Brooklyn, the property is described as convenient to shopping, restaurants, schools, parks, and public transportation.
With a straightforward two-unit configuration and garage-based parking, the building is suited for buyers seeking a residential duplex setup with apartment-level bedroom flexibility.
Key Highlights
- Vacant two‑family home with 3 bedrooms in each apartment for flexible living or rental use
- Garage and shared driveway provide off‑street parking
- Brick construction with rubber roof
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 | $110.2k | $51.00 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $108.1k | $50.03 |
| − OpEx | −$32.4k | −$15.01 |
| NOI | $75.6k | $35.02 |
