Mixed-Use Residential and Retail
1704 Bath Avenue Brooklyn, NY 11214
1704 Bath Avenue, Brooklyn, NY, 11214
$1,399,999
For Sale
$1,399,999
Mixed-use property with 3BR residential units and a commercial storefront leased to a daycare.
Property Size3,816 SF
Price / SF$366.88
Days on Market24
Property Features for 1704 Bath Avenue
General Information
- Standard status
- Active
- Size
- 3,816 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agency
DiTommaso Real Estate
(718) 667-8000
Listed by
Stephanie X. Zhang · License #sz7890
(718) 667-8000
Source
Compass
Added: Jun 29 Updated: Jul 21 at 10:36AM Checked: Jul 22 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property features two residential units, each with 3 bedrooms, along with a commercial storefront that is currently leased to a daycare. The existing income stream is supported by the leased commercial space, while the residential units provide additional rental component within the same building configuration.
The property is located at 1704 Bath Avenue in Brooklyn, New York 11214.
The seller is offering the property for sale and is focused on a straightforward transaction process.
The property is located at 1704 Bath Avenue in Brooklyn, New York 11214.
The seller is offering the property for sale and is focused on a straightforward transaction process.
Key Highlights
- Mixed‑use building with 3 residential units (3BR/3BR) plus a commercial storefront leased to a daycare
- Commercial storefront includes restrooms for staff and interior fire/smoke alarm, kitchen, and staff restrooms
- Residential units feature 8–10 ft ceilings and tile flooring; full basement with cellar
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 | $155.7k | $40.80 |
| − Vacancy | −$7.0k | −$1.84 |
| EGI | $148.7k | $38.96 |
| − OpEx | −$44.6k | −$11.69 |
| NOI | $104.1k | $27.27 |
3,816 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.73M
NOI $104,081 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$1.33M
$1.17M – $1.55M
NOI $93,280 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $155,825 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sunflower Day Care ...
Daycare Center
Similar For Sale Nearby
Similar Off Market Nearby
- MAS Lighthouse Daycare — 1933 Bath Ave, Brooklyn, NY 11214
- American European Daycare — 2150 Benson Ave, Brooklyn, NY 11214
- Bright Kids Preschool — 2039 bath ave, brooklyn, ny 11214
- Smiling Day Care Center — 8841 20th Ave, Brooklyn, NY 11214
- YoungerMusik — 175 Bay 22nd St, Brooklyn, NY 11214
FAQs
What type of property is this?
Day care center - Mixed-use property with 3BR residential units and a commercial storefront leased to a daycare.
Where is this day care center located?
The property is located at 1704 Bath Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Mixed‑use building with 3 residential units (3BR/3BR) plus a commercial storefront leased to a daycare; Commercial storefront includes restrooms for staff and interior fire/smoke alarm, kitchen, and staff restrooms; Residential units feature 8–10 ft ceilings and tile flooring; full basement with cellar
