Detached Three-Family Home with
1536 Bath Avenue Brooklyn, NY 11228
New
1536 Bath Avenue, Brooklyn, NY, 11228
$1,980,000
For Sale
$1,980,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,720 SF
Lot Size0.10 Acres
Price / SF$532.26
Days on Market3
Property Features for 1536 Bath Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bathrooms
- 7
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 7, Bathroom 1, Bathroom 2
- Interior features
- A/C Unit, Microwave, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,720 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9102
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Ashford Homes LLC
(929) 364-1301
Listed by
Kawing Chiu · License #10301208208
(929) 364-1301
Added: Jul 19 Updated: Jul 20 at 11:38AM Checked: Jul 21 at 3:06PM
MLS# 503136
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 1536 Bath Avenue, this fully detached three-family home offers three spacious apartments plus a full finished basement. The property is described as well-maintained and includes a private driveway and a large backyard, providing flexible outdoor and everyday use across the building.
The home is situated in Dyker Heights and is presented as conveniently close to shopping, restaurants, schools, parks, public transportation, and major highways, supporting a practical residential location for occupants and visitors.
With approximately 3,720 square feet of living space, the layout is designed to accommodate multiple independent units within one detached structure, along with additional usable space in the finished basement.
The home is situated in Dyker Heights and is presented as conveniently close to shopping, restaurants, schools, parks, public transportation, and major highways, supporting a practical residential location for occupants and visitors.
With approximately 3,720 square feet of living space, the layout is designed to accommodate multiple independent units within one detached structure, along with additional usable space in the finished basement.
Key Highlights
- Fully detached three‑family home in the Dyker Heights neighborhood
- Approximately 3,720 SF of living space with three spacious apartments
- Full finished basement
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 | $189.7k | $51.00 |
| − Vacancy | −$3.6k | −$0.97 |
| EGI | $186.1k | $50.03 |
| − OpEx | −$55.8k | −$15.01 |
| NOI | $130.3k | $35.02 |
3,720 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.86M
$1.63M – $2.17M
NOI $130,281 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,568 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$3.08M
$2.70M – $3.59M
NOI $215,611 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully detached three-family residence includes three apartments, a finished basement, private driveway, and large backyard.
Where is this triplex located?
The property is located at 1536 Bath Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Fully detached three‑family home in the Dyker Heights neighborhood; Approximately 3,720 SF of living space with three spacious apartments; Full finished basement
