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    2343 Bath Ave Brooklyn, NY 11214

    For Sale
    $1,990,000

    Cash-producing 5-family building with commercial unit in Bath Beach.

    Lot size:
    0.05 Acres

    Property Features for 2343 Bath Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1923

    Source: Tiger Realty Agent Emily Hui Chen-Liang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bath Beach Mixed-Use Building

    A mixed-use, 5-family building is available in Bath Beach. The property includes one ground-floor commercial unit, currently operating as an insurance brokerage. There are five residential units: three 2-bedroom apartments and two 3-bedroom units. The residential units have been renovated within the past 10 years and feature high ceilings. The building size is 22 ft by 82 ft, situated on a lot of 22 ft by 100 ft. The location provides convenient access to a bus stop, the D train, and the 86th Street commercial corridor, with easy access to the Belt Parkway. The gross annual income is approximately $156,360, with annual insurance costs of $4,800. All tenants are reliable, and none of the units are rent-stabilized or under lease, offering rental flexibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    威信保险公司 Insurance Agency The Visionary Insurance Brokerage Insurance Agency The Visionary Insurance Corporate Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.993825
    Latitude
    40.596456

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    FAQs

    What type of property is this?
    Mixed-use property - Cash-producing 5-family building with commercial unit in Bath Beach.
    Where is this mixed-use property located?
    The property is located at 2343 Bath Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - High Gross Annual Income: Approx. $156,360; - Free-market property offering exceptional rental flexibility.; - Mixed-use building with ground-floor commercial unit and five residential units.
    (917) 708-9966
    Request Owner's contact information
    2343 Bath Ave Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2343 Bath Ave Brooklyn, NY 11214
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