Back to Search
Detached Brick 3-Family Home

132 Bay 28th Street Brooklyn, NY 11214

132 Bay 28th Street, Brooklyn, NY, 11214
$2,088,000
For Sale
$2,088,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,640 SF
Lot Size0.07 Acres
Price / SF$790.91
Days on Market50

Property Features for 132 Bay 28th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
Parking features
Garage - Detached
Patio and Porch features
Patio
Interior features
A/C Unit - Wall, A/C Unit - Window, Central Air - Split, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Washer, Window Treatments
Basement
Full, Finished
Standard status
Active
Size
2,640 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
10008

Building Details

Year built
1935
Floors in Building
2
Number of units
3
Flooring type
Ceramic, Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency eXp Realty BKNY
1 Pierrepont PLZ, Brooklyn, NY
Listed by Gennaro Lefosse
Added: Jun 1 Updated: Jul 11 at 6:33 pm Checked: Jul 20 at 8:06 pm
MLS# 501834 Listing URL

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.

A beautifully maintained, fully detached solid brick 3-family home offering a flexible mix of layouts across three levels. The property includes six bedrooms and five bathrooms, with hardwood floors throughout multiple living spaces. A finished basement adds substantial bonus utility, featuring a large kitchen, oversized recreation room, bathroom, separate laundry room, and additional bonus room, along with direct access to the backyard through a separate entrance. Outside, there is a shared driveway and an oversized detached garage, plus separate access to the backyard.

Located in Bath Beach, the home is positioned just minutes from 86th Street shopping, dining, and everyday conveniences. Public transportation access is also a key advantage, with the D train at 86th Street nearby, along with local B1, B6, and B82 bus lines. Express service to Manhattan is available via X28 and X29 express buses, supporting commuter-friendly use.

This property is well suited to both investors and end-users seeking flexibility. With separate unit configurations and direct basement/backyard access, it can accommodate a variety of rental or owner-occupied arrangements. Delivered vacant at closing, it offers a straightforward transition for new ownership with the opportunity to tailor occupancy to your strategy.

Key Highlights

  • Fully detached solid brick 3‑family home built in 1935 with 6 bedrooms and 5 bathrooms
  • Approximately 2,640 sq ft building (20' x 60') on an approximately 2,900 sq ft lot (30' x 96.67')
  • Front 1‑bedroom apartment with bright living room, full bathroom, generous kitchen, and hardwood floors

Local 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 $107.7k $40.80
− Vacancy −$4.8k −$1.84
EGI $102.9k $38.96
− OpEx −$30.9k −$11.69
NOI $72.0k $27.27
2,640 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.03M
$900.1K – $1.20M (±1% cap)
NOI $72,005 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$921.9K
$806.7K – $1.08M (±1% cap)
NOI $64,533 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,803 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub (Bike/Boat/Book/etc) Store Catering Service Skin Care Clinic Storage Facility

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

FAQs

What type of property is this?
Triplex - Fully detached solid brick residence 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 Street 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 built in 1935 with 6 bedrooms and 5 bathrooms; Approximately 2,640 sq ft building (20' x 60') on an approximately 2,900 sq ft lot (30' x 96.67'); Front 1‑bedroom apartment with bright living room, full bathroom, generous kitchen, and hardwood floors
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message