Three-Family
New
For Sale
$1,780,000
149 Bay 34th Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,228 SF
Lot Size0.07 Acres
Price / SF$551.43
Days on Market1
Property Features for 149 Bay 34th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3
Interior features
Refrigerator, Stove
Subdivision
Bath Beach
Standard status
Active
Size
3,228 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7493
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Flooring type
Hardwood, Tile
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Oct 11
Last Checked: Oct 11 at 2:06PM
MLS# 505237
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.
This three-family residential property in Brooklyn contains 3,228 square feet, with eight bedrooms and three bathrooms. Interior features include hardwood and tile flooring, a refrigerator, and a stove. The home was built in 1915 and has R5 zoning.
The property occupies a 30-by-96-foot lot at 149 Bay 34th Street. Its reported lot area is 0.0665 acres.
The property occupies a 30-by-96-foot lot at 149 Bay 34th Street. Its reported lot area is 0.0665 acres.
Key Highlights
- Three‑family residential property with 3,228 square feet
- Eight bedrooms and three bathrooms
- R5 zoning
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.
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - The residence has eight bedrooms, three bathrooms, and hardwood and tile flooring.
Where is this triplex located?
The property is located at 149 Bay 34th Street 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‑family residential property with 3,228 square feet; Eight bedrooms and three bathrooms; R5 zoning
