Detached
New
For Sale
$1,780,000
149 Bay 34th St, Brooklyn, NY 11214
The three-unit residence contains eight bedrooms and three bathrooms.
Property Size3,228 SF
Lot Size0.07 Acres
Days on Market7
Property Features for 149 Bay 34th St
General Information
Standard status
Active
Size
3,228 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,492
Building Details
Building Size
3,228 SF
Year Built
1915
Buildings
1
Stories
2
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Source:
Elliman
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 16 at 9:19AM
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 Tiger Realty
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Investment Insights
Based on property information with market context.
This detached triplex, built in 1915, contains 8 bedrooms and 3 bathrooms. The building measures 24 × 48 feet on a 30 × 96-foot lot.
At 149 Bay 34th St in Brooklyn, the property is near shopping, restaurants, schools, and public transportation. WalkScore is 96, TransitScore is 86, and BikeScore is 67.
At 149 Bay 34th St in Brooklyn, the property is near shopping, restaurants, schools, and public transportation. WalkScore is 96, TransitScore is 86, and BikeScore is 67.
Key Highlights
- Three‑unit detached property with 8 bedrooms and 3 bathrooms
- 24 × 48‑foot building on a 30 × 96‑foot lot
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,043
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,760,860
$1.8M
Cap Rate 7%
$1,257,757
$1.3M
Cap Rate 9%
$978,256
$978.3K
Market Conditions
NOI Build-Up for 3,228 SF
Gross rent
$131.7K $40.80/SF
− Vacancy
−$5.9K −$1.84/SF
EGI
$125.8K $38.96/SF
− OpEx
−$37.7K −$11.69/SF
NOI
$88.0K $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%
$1,760,860
Cap Rate 7%
$1,257,757
Cap Rate 9%
$978,256
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,043 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$1.13M
$986.3K – $1.32M
NOI $78,907 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,814 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,827
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The three-unit residence contains eight bedrooms and three bathrooms.
Where is this triplex located?
The property is located at 149 Bay 34th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Three‑unit detached property with 8 bedrooms and 3 bathrooms; 24 × 48‑foot building on a 30 × 96‑foot lot; Built in 1915
