Three-Story Quadplex with
For Sale
$1,788,000
1640 Bath Ave, Brooklyn, NY 11214
Residential Income, Brooklyn, NY
Property Size3,237 SF
Lot Size0.05 Acres
Price / SF$552.36
Days on Market195
Property Features for 1640 Bath Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Mixed Use
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2
Subdivision
Bath Beach
View
City
Standard status
Active
Size
3,237 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2500
Utilities
Heating system
Hot Water(Heating), Natural Gas, Steam
Building Details
Year built
1926
Floors in Building
3
Flooring type
Hardwood
Roof type
Flat
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
(718) 887-5708
Listed By:
Vito Angelo · License #VITLO524
(718) 532-2000
Added: Mar 30
Changed: Sep 17
Last Checked: Oct 10 at 4:06PM
MLS# 11682551
Copyright © 2026 My State MLS. 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 1640 Bath Ave in Brooklyn, this three-story quadplex was converted from a mixed-use property and is currently vacant. The building contains 3,237 square feet on a 0.0475-acre lot, with a room schedule listing six bedrooms and four bathrooms. Hardwood flooring, a flat roof, and natural-gas heating with hot water and steam systems are among the existing improvements.
Exterior features include an extra-large backyard, private driveway, and two-car parking. Constructed in 1926, the property offers a four-family configuration along Bath Ave in Brooklyn, NY 11214.
Exterior features include an extra-large backyard, private driveway, and two-car parking. Constructed in 1926, the property offers a four-family configuration along Bath Ave in Brooklyn, NY 11214.
Key Highlights
- Four‑family, three‑story property at 1640 Bath Ave, Brooklyn, NY 11214
- 3,237 square feet on a 0.0475‑acre lot
- Six bedrooms and four bathrooms listed in the room schedule
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,289
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,765,780
$1.8M
Cap Rate 7%
$1,261,271
$1.3M
Cap Rate 9%
$980,989
$981.0K
Market Conditions
NOI Build-Up for 3,237 SF
Gross rent
$132.1K $40.80/SF
− Vacancy
−$5.9K −$1.84/SF
EGI
$126.1K $38.96/SF
− OpEx
−$37.8K −$11.69/SF
NOI
$88.3K $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%
$1,765,780
Cap Rate 7%
$1,261,271
Cap Rate 9%
$980,989
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,289 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$1.13M
$989.1K – $1.32M
NOI $79,127 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,181 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,607
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant four-family property with a private driveway, rear yard, and hardwood flooring.
Where is this quadplex located?
The property is located at 1640 Bath Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Four‑family, three‑story property at 1640 Bath Ave, Brooklyn, NY 11214; 3,237 square feet on a 0.0475‑acre lot; Six bedrooms and four bathrooms listed in the room schedule
