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Renovated Duplex in Dyker Heights
For Sale
$1,600,000

342 Bay 11th St, Brooklyn, NY 11228

Completely renovated two-family home with modern amenities and parking.

Property SizeContact for details
Days on Market110

Property Features for 342 Bay 11th St

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,000

Building Details

Year Built 1950
Stories 2
Listing Agency: Compass Realty Central Inc.
Listed By: Jasper Marino
Source: Elliman
Added: May 12 Changed: Aug 15 Last Checked: Aug 29 at 11:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Realty Central Inc.

Investment Insights

Based on property information with market context.

Located in Dyker Heights on Independence Avenue, this corner property features a renovated two-family home. The layout includes a six-room duplex and a separate entrance to a three-room, one-bedroom apartment. The property was completely renovated within the last 1.5 years. The first floor features a new kitchen with granite countertops, a half bath, and washer/dryer hookup, along with a large living room and dining room. Sliding glass doors lead to a wrap-around deck and a large yard. The second floor includes a new bathroom with a Jacuzzi and double sink, three large bedrooms, and a new skylight on an automatic timer. The home has new Marvin French windows, new floors with radiant heat and separate thermostats, new walls and ceilings, a new AC system with five units, two new boilers, and a new roof. Additional features include a new camera security system, new electrics, three new awnings, and brick repointing completed less than two years ago. The property includes a garage and two private driveways, with parking for three cars. The location is described as very walkable with excellent transit and is bikeable.

Key Highlights

  • Completely renovated within the last 1 1/2 years, including new kitchen, bathrooms, floors, walls, ceilings, roof, electrics, and more.
  • Two‑family home featuring a spacious 6‑room duplex and a separate 1‑bedroom apartment with a separate entrance.
  • Radiant heat with separate thermostats throughout the house and new AC system with 5 units.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Law Firm Bar & Pub (Bike/Boat/Book/etc) Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Completely renovated two-family home with modern amenities and parking.
Where is this duplex located?
The property is located at 342 Bay 11th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Completely renovated within the last 1 1/2 years, including new kitchen, bathrooms, floors, walls, ceilings, roof, electrics, and more.; Two‑family home featuring a spacious 6‑room duplex and a separate 1‑bedroom apartment with a separate entrance.; Radiant heat with separate thermostats throughout the house and new AC system with 5 units.
More about this property
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