Brick Duplex-Style
152 Bay 40th Street Brooklyn, NY 11214
152 Bay 40th Street, Brooklyn, NY, 11214
$1,260,000
For Sale
$1,260,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,764 SF
Lot Size0.04 Acres
Price / SF$714.29
Days on Market75
Property Features for 152 Bay 40th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Interior features
- A/C Unit, Dishwasher, Dryer, Porch, Refrigerator, Stove, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 1,764 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8112
Building Details
- Year built
- 1965
- Floors in Building
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
RE/MAX Edge
(718) 612-3088
1812 Bath Ave, Brooklyn, NY
Listed by
Jason Zhou · License #10301217017
(718) 612-3088
Added: May 6 Checked: Jul 19 at 3:06 am
MLS# 501203
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.
Located at 152 Bay 40th Street in Brooklyn, this brick residence is configured as a 2-family layout with separate entrances. The main portion features a duplex arrangement across the 1st and 2nd floors, offering three bedrooms and a full bathroom on the top floor over a formal living room, with an eat-in kitchen, rear laundry room, and a half bathroom on the main level.
The basement includes an additional space and has its own separate front entrance, bringing the total to five bedrooms and 2.5 bathrooms throughout the home. Climate control is supported by four split-unit systems for air conditioning and supplemental heating.
A community driveway provides parking for up to two spots. The property is listed under R5 zoning.
The basement includes an additional space and has its own separate front entrance, bringing the total to five bedrooms and 2.5 bathrooms throughout the home. Climate control is supported by four split-unit systems for air conditioning and supplemental heating.
A community driveway provides parking for up to two spots. The property is listed under R5 zoning.
Key Highlights
- Brick single‑family home with a 2‑family layout and separate entrances
- Total 5 bedrooms and 2.5 bathrooms across the duplex‑style layout and basement
- Top floor includes 3 bedrooms and a full bathroom over a formal living room
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 | $72.0k | $40.80 |
| − Vacancy | −$3.2k | −$1.84 |
| EGI | $68.7k | $38.96 |
| − OpEx | −$20.6k | −$11.69 |
| NOI | $48.1k | $27.27 |
1,764 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$687.3K
$601.4K – $801.9K
NOI $48,113 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$616.0K
$539.0K – $718.7K
NOI $43,120 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.03M
$900.4K – $1.20M
NOI $72,032 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex-style home with separate entrances, multiple bedrooms and bathrooms, and split-unit systems, plus a community driveway for up to two cars.
Where is this duplex located?
The property is located at 152 Bay 40th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: Brick single‑family home with a 2‑family layout and separate entrances; Total 5 bedrooms and 2.5 bathrooms across the duplex‑style layout and basement; Top floor includes 3 bedrooms and a full bathroom over a formal living room
