Detached Brick 3-Family
For Sale
$2,088,000
Pending
132 Bay 28th St, Brooklyn, NY 11214
A fully detached brick triplex with separate backyard access and an oversized detached garage, delivered vacant at closing.
Property Size2,640 SF
Days on Market147
Property Features for 132 Bay 28th St
General Information
Standard status
Pending
Size
2,640 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,008
Building Details
Building Size
2,640 SF
Year Built
1935
Stories
2
Listing Agency:
eXp Realty BKNY
Listed By:
Gennaro Lefosse
(888) 276-0630
Source:
Elliman
Added: Jun 3
Changed: Oct 25
Last Checked: Oct 26 at 3:52PM
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 eXp Realty BKNY
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Investment Insights
Based on property information with market context.
This fully detached solid brick 3-family home offers a straightforward income-and-occupancy layout with separate access to the backyard. The property includes 6 bedrooms and 5 bathrooms, providing flexible configurations for a range of household and tenant needs. A shared driveway serves the home, and an oversized detached garage adds practical off-street utility.
Located at 132 Bay 28th St in Brooklyn’s Bath Beach area, the property is set on an approximately 30’ x 96.67’ lot with an approximately 20’ x 60’ building footprint (about 2,640 sq. ft. building area). BikeScore is listed at 78 and WalkScore at 78, with TransitScore of 66, supporting daily accessibility by foot, bicycle, and public transit.
The home will be delivered vacant at closing, which can simplify moves for end-users and streamline onboarding for investors. With its detached brick construction, oversized garage, and separate backyard access, it’s well suited for buyers looking for a detached multi-family asset with room to adapt to their preferred living or leasing setup.
Located at 132 Bay 28th St in Brooklyn’s Bath Beach area, the property is set on an approximately 30’ x 96.67’ lot with an approximately 20’ x 60’ building footprint (about 2,640 sq. ft. building area). BikeScore is listed at 78 and WalkScore at 78, with TransitScore of 66, supporting daily accessibility by foot, bicycle, and public transit.
The home will be delivered vacant at closing, which can simplify moves for end-users and streamline onboarding for investors. With its detached brick construction, oversized garage, and separate backyard access, it’s well suited for buyers looking for a detached multi-family asset with room to adapt to their preferred living or leasing setup.
Key Highlights
- Fully detached solid brick 3‑family home in Bath Beach
- Delivered vacant at closing
- Approx. 20' x 60' (2,640 SF) building size with approx. 30' x 96.67' (2,900 SF) lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,005
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,100
$1.4M
Cap Rate 7%
$1,028,643
$1.0M
Cap Rate 9%
$800,056
$800.1K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$107.7K $40.80/SF
− Vacancy
−$4.8K −$1.84/SF
EGI
$102.9K $38.96/SF
− OpEx
−$30.9K −$11.69/SF
NOI
$72.0K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,100
Cap Rate 7%
$1,028,643
Cap Rate 9%
$800,056
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$900.1K – $1.20M
NOI $72,005 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$921.9K
$806.7K – $1.08M
NOI $64,533 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,803 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - A fully detached brick triplex with separate backyard access and an oversized detached garage, delivered vacant at closing.
Where is this triplex located?
The property is located at 132 Bay 28th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,088,000.
What are key features of this property?
This property features: Fully detached solid brick 3‑family home in Bath Beach; Delivered vacant at closing; Approx. 20' x 60' (2,640 SF) building size with approx. 30' x 96.67' (2,900 SF) lot
