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Duplex with Garden Apartment
New
For Sale
$2,449,999

394 Bainbridge Street, Brooklyn, NY 11233

MULTI_FAMILY - Brooklyn, NY

Property Size2,917 SF
Lot Size0.04 Acres
Price / SF$839.90
Days on Market6

Property Features for 394 Bainbridge Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2
Patio and Porch features Deck
Interior features A/C Unit, Central Air, Central Air - Split, Deck, Dishwasher, Dryer, Fireplace, Microwave, Refrigerator, Stove, Washer
Fireplace 1
Basement Full, Finished
Subdivision Bedford Stuyvesant
Standard status Active
Size 2,917 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4969

Amenities

private terrace
landscaped backyard
finished recreation level
fireplace

Building Details

Year built 1901
Number of units 2
Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: Revived Residential
Listed By: John Falce
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 1 at 4:06AM
MLS# 503303

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.

394 Bainbridge Street is a two-family brownstone configured as an expansive owner triplex above a private two-bedroom garden apartment. The home has oversized windows, white oak herringbone hardwood flooring, soaring ceilings, custom millwork, illuminated arched niches, and a fireplace. The kitchen includes custom oak cabinetry, Taj Mahal quartzite surfaces, and an island with a waterfall detail, with Wolf professional range and integrated Fisher & Paykel appliances, plus a built-in wine refrigerator. The upper levels include a primary suite with a custom walk-in closet and a spa-inspired bath with a freestanding soaking tub and an oversized glass shower. A finished recreation level provides additional flex space for a media room, home office, fitness studio, or playroom. A private terrace overlooks the landscaped backyard.

The property is on a 0.0396-acre lot and totals 2,917 square feet, with brick construction and a flat roof. Interior features include central air with split system capability and an A/C unit, along with a deck, washer and dryer, and additional standard appliances. The home was built in 1901 and is zoned R6B.

Located in historic Stuyvesant Heights, it’s moments from Saraghina, Chez Oskar, Trad Room, Peaches, Saratoga Park, and the A/C and J/Z trains.

Key Highlights

  • Two‑family duplex configured as an owner triplex over a private two‑bedroom garden apartment
  • Private two‑bedroom garden apartment with its own entrance
  • 2,917 SF on a 0.0396‑acre lot in zoning R6B

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 $148.8k $51.00
− Vacancy −$2.8k −$0.97
EGI $145.9k $50.03
− OpEx −$43.8k −$15.01
NOI $102.2k $35.02
2,917 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,158 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $89,053 @ 7.0% cap · market cap 3.63%
Theoretical Best
Specialty Retail
$2.42M
$2.11M – $2.82M (±1% cap)
NOI $169,069 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,337
Businesses Nearby

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex featuring an owner triplex plus a private two-bedroom garden apartment with its own entrance.
Where is this duplex located?
The property is located at 394 Bainbridge Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,449,999.
What are key features of this property?
This property features: Two‑family duplex configured as an owner triplex over a private two‑bedroom garden apartment; Private two‑bedroom garden apartment with its own entrance; 2,917 SF on a 0.0396‑acre lot in zoning R6B
More about this property
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