Duplex Brownstone with Garden
New
For Sale
$2,449,999
394 Bainbridge St, Brooklyn, NY 11233
Two-family brownstone in Stuyvesant Heights featuring a private two-bedroom garden apartment with its own entrance.
Days on Market5
Property Features for 394 Bainbridge St
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Building Size
2,917 SF
Year Built
1901
Buildings
1
Tenancy
Multi
Listing Agency:
Revived Residential
(929) 379-3750
Listed By:
John Falce
(929) 379-3750
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 31 at 12:09PM
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 Revived Residential
Investment Insights
Based on property information with market context.
394 Bainbridge St is a two-family brownstone in historic Stuyvesant Heights. The home has been configured as an expansive owner’s triplex above a private two-bedroom garden apartment. The garden unit has its own entrance, supporting rental income flexibility, multigenerational living, or guest use.
Interiors emphasize natural light with oversized windows, white oak herringbone floors, and soaring ceilings. The kitchen is anchored by custom oak cabinetry and Taj Mahal quartzite, with a Wolf professional range, Fisher & Paykel integrated appliances, a built-in wine refrigerator, and oversized sliding glass doors opening to a private terrace overlooking the landscaped backyard. Upstairs, the primary suite includes a custom walk-in closet and a spa-inspired bath with a freestanding soaking tub, oversized glass shower, porcelain slab finishes, and Delta fixtures. A finished recreation level adds flexibility for a media room, home office, fitness studio, or playroom.
Built in 1901, the home blends classic brownstone character with newly rebuilt finishes throughout, and is near Saraghina, Chez Oskar, Trad Room, Peaches, Saratoga Park, and the A/C and J/Z trains. BikeScore is 74 and WalkScore is 88, with a TransitScore of 98.
Interiors emphasize natural light with oversized windows, white oak herringbone floors, and soaring ceilings. The kitchen is anchored by custom oak cabinetry and Taj Mahal quartzite, with a Wolf professional range, Fisher & Paykel integrated appliances, a built-in wine refrigerator, and oversized sliding glass doors opening to a private terrace overlooking the landscaped backyard. Upstairs, the primary suite includes a custom walk-in closet and a spa-inspired bath with a freestanding soaking tub, oversized glass shower, porcelain slab finishes, and Delta fixtures. A finished recreation level adds flexibility for a media room, home office, fitness studio, or playroom.
Built in 1901, the home blends classic brownstone character with newly rebuilt finishes throughout, and is near Saraghina, Chez Oskar, Trad Room, Peaches, Saratoga Park, and the A/C and J/Z trains. BikeScore is 74 and WalkScore is 88, with a TransitScore of 98.
Key Highlights
- Two‑family brownstone configured as owner’s triplex over a private two‑bedroom garden apartment
- Garden apartment has its own entrance for rental, guest, or multigenerational flexibility
- Oversized windows, soaring ceilings, and white oak herringbone floors
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
NOI $102,158 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $89,053 @ 7.0% cap · market cap 3.63%
Theoretical Best
Specialty Retail
$2.42M
$2.11M – $2.82M
NOI $169,069 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,337
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family brownstone in Stuyvesant Heights featuring a private two-bedroom garden apartment with its own entrance.
Where is this duplex located?
The property is located at 394 Bainbridge St 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 brownstone configured as owner’s triplex over a private two‑bedroom garden apartment; Garden apartment has its own entrance for rental, guest, or multigenerational flexibility; Oversized windows, soaring ceilings, and white oak herringbone floors
