Detached Three-Unit
For Sale
$1,980,000
1536 Bath Avenue, Brooklyn, NY 11228
Residential, Triplex, Brooklyn, NY
Property Size3,720 SF
Lot Size0.10 Acres
Price / SF$532.26
Days on Market95
Property Features for 1536 Bath Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 2, Bathroom 7, Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 6
Interior features
A/C Unit, Microwave, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Dyker Heights
Standard status
Active
Size
3,720 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
9102
Amenities
full finished basement
private driveway
large backyard
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
Listed By:
Kawing Chiu
(929) 364-1301
Added: Jul 19
Changed: Oct 21
Last Checked: Oct 21 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This fully detached triplex contains three apartments within approximately 3,720 square feet of living space. The property includes a full finished basement, private driveway, and large backyard. Interior features include air-conditioning units, a microwave, refrigerator, and stove, with hardwood flooring and wood-frame construction. The asphalt roof and 1920 construction date further define the existing improvements.
Located at 1536 Bath Avenue in Brooklyn’s Dyker Heights neighborhood, the property is near shopping, restaurants, schools, parks, public transportation, and major highways. The 0.0985-acre lot provides the setting for the detached residence and its outdoor space.
Located at 1536 Bath Avenue in Brooklyn’s Dyker Heights neighborhood, the property is near shopping, restaurants, schools, parks, public transportation, and major highways. The 0.0985-acre lot provides the setting for the detached residence and its outdoor space.
Key Highlights
- Three apartments in a fully detached triplex
- Approximately 3,720 square feet of living space
- Full finished basement and large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,281
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,620
$2.6M
Cap Rate 7%
$1,861,157
$1.9M
Cap Rate 9%
$1,447,567
$1.4M
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$189.7K $51.00/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$186.1K $50.03/SF
− OpEx
−$55.8K −$15.01/SF
NOI
$130.3K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,620
Cap Rate 7%
$1,861,157
Cap Rate 9%
$1,447,567
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,781
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained multifamily property with three apartments, a finished basement, private driveway, and 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: Three apartments in a fully detached triplex; Approximately 3,720 square feet of living space; Full finished basement and large backyard
