Single-Family Home with Renovated
3883 Bedford Avenue Brooklyn, NY 11229
3883 Bedford Avenue, Brooklyn, NY, 11229
$1,149,000
For Sale
$1,149,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,002 SF
Lot Size0.05 Acres
Price / SF$1,146
Days on Market494
Property Features for 3883 Bedford Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
- Interior features
- A/C Unit - Wall, Dishwasher, Laundry Area, Refrigerator, Stove, Window Treatments
- Basement
- Finished
- Standard status
- Active
- Size
- 1,002 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6277
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Carpet, Tile, Hardwood
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Brooklyn Residential R E Serv
(718) 676-1755
Listed by
Terry Franco
(718) 676-1755
Added: Mar 17, 2025 Updated: Jul 11 at 6:35PM Checked: Jul 23 at 4:06AM
MLS# 490095
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 bright, sunny single-family home offers three bedrooms and two bathrooms, with carpeted rooms and built-in closet storage throughout. The home includes updated windows for year-round comfort, an eat-in kitchen with new appliances, stone countertops, and a roomy dinette area. A newly renovated basement adds additional built-in closet space and a 3/4 bathroom.
Outside, the property features a lovely front yard and an extra-large backyard, including a large concrete shed. The home also has wall/window unit AC. A proposed plan for a carport is included, alongside easy curb parking.
Set on a lot measuring 20 x 107, the building measures 15 x 35 (approximately 1,002 square feet). The property is zoned R3-2.
Outside, the property features a lovely front yard and an extra-large backyard, including a large concrete shed. The home also has wall/window unit AC. A proposed plan for a carport is included, alongside easy curb parking.
Set on a lot measuring 20 x 107, the building measures 15 x 35 (approximately 1,002 square feet). The property is zoned R3-2.
Key Highlights
- 3‑bedroom, 2‑bath home in the Madison section of Brooklyn
- Wall/window AC units plus updated windows for insulation year‑round
- Updated EIK with new appliances, stone countertops, and a roomy dinette area
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 | $51.1k | $51.00 |
| − Vacancy | −$971 | −$0.97 |
| EGI | $50.1k | $50.03 |
| − OpEx | −$15.0k | −$15.01 |
| NOI | $35.1k | $35.02 |
1,002 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.3K
$438.7K – $584.9K
NOI $35,092 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$437.0K
$382.4K – $509.8K
NOI $30,590 @ 7.0% cap · market cap 2.66%
Theoretical Best
Specialty Retail
$829.7K
$726.0K – $967.9K
NOI $58,076 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Bright three-bedroom, two-bath home with a newly renovated basement, updated windows, and a large backyard.
Where is this duplex located?
The property is located at 3883 Bedford Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home in the Madison section of Brooklyn; Wall/window AC units plus updated windows for insulation year‑round; Updated EIK with new appliances, stone countertops, and a roomy dinette area
