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Brick Two-Family Duplex
For Sale
$1,198,000

170 Bay 44th Street, Brooklyn, NY 11214

Residential Income, Brooklyn, NY

Property Size1,806 SF
Lot Size0.05 Acres
Price / SF$663.34
Days on Market50

Property Features for 170 Bay 44th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R5
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Rooms Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Parking features Driveway, Garage, Carport
Patio and Porch features Deck, Patio
Fencing Fenced
Basement Full, Finished
Lot features Front Yard, Back Yard
Subdivision Bath Beach
Standard status Active
APN 6898-0064
Size 1,806 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 9467

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas

Amenities

carport
garage
deck
finished basement

Building Details

Year built 1950
Floors in Building 3
Number of units 2
Building materials Brick
Listing Agency: Real Broker NY LLC
Listed By: Yongda Simon Liang · License #15254
Added: Aug 24 Changed: Oct 7 Last Checked: Oct 12 at 10:06PM
MLS# 2604798

Copyright © 2026 Staten Island Board of Realtors. 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 attached brick duplex in Brooklyn contains 1,806 square feet, with a three-bedroom residence above a two-bedroom residence. The upper apartment has an updated kitchen, a combined family and dining room, and access to a second-floor deck. The lower unit includes a combined living and dining room, kitchen, full bathroom, and backyard access from one bedroom. A finished basement adds a family room, three-quarter bathroom, utility room, storage, and an exit to the backyard.

The property occupies a 0.0459-acre lot measuring 21 by 97 feet; the building measures 21 by 43 feet. Parking features include a built-in garage and private carport. The roof is five years old, and each residence has its own gas and electric meter. The property is zoned R5.

Key Highlights

  • Two‑family layout with a three‑bedroom upper residence and two‑bedroom lower residence
  • Finished basement with family room, 3/4 bathroom, utility room, storage, and backyard exit
  • Built‑in garage and private carport parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,258
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,160 $985.2K
Cap Rate 7%
$703,686 $703.7K
Cap Rate 9%
$547,311 $547.3K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$73.7K $40.80/SF
− Vacancy
−$3.3K −$1.84/SF
EGI
$70.4K $38.96/SF
− OpEx
−$21.1K −$11.69/SF
NOI
$49.3K $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%
$985,160
Cap Rate 7%
$703,686
Cap Rate 9%
$547,311

Alternative Uses

Best Use
Multifamily LT 5
$703.7K
$615.7K – $821.0K (±1% cap)
NOI $49,258 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$630.7K
$551.8K – $735.8K (±1% cap)
NOI $44,147 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.05M
$921.8K – $1.23M (±1% cap)
NOI $73,747 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,728
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate gas and electric meters serve the two residences.
Where is this duplex located?
The property is located at 170 Bay 44th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Two‑family layout with a three‑bedroom upper residence and two‑bedroom lower residence; Finished basement with family room, 3/4 bathroom, utility room, storage, and backyard exit; Built‑in garage and private carport parking
More about this property
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