Mixed-Use Building with
1742 Bath Avenue, Brooklyn, NY 11214
For Sale
New
$1,699,000
The two upper apartments each have three bedrooms, separate living and dining rooms, and a kitchen.
Property Size4,875 SF
Lot Size0.06 Acres
Price / SF$348.51
Days on Market1
Property Features for 1742 Bath Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Frontage
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Stories
Listing Agency:
RE/MAX Edge
Listed By:
Jason Zhou · License #JZ1320
(718) 612-3088
Source:
Prideestates
Added: Nov 6
Last Checked: Nov 6 at 2:49PM
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 RE/MAX Edge
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Investment Insights
Based on property information with market context.
At 1742 Bath Avenue, this three-story mixed-use building contains approximately 4,875 square feet, plus a cellar. The ground-floor laundromat has a separate water meter and no lease. Two apartments occupy the second and third floors; each has three bedrooms, a living room, dining room, and kitchen. High ceilings extend throughout, and each apartment may accommodate a fourth bedroom. Both apartments will be vacant at closing.
The building measures 25 by 70 feet on a 25-by-100-foot lot. The cellar has high ceilings and its own entrance. Improvements include a new roof and a fairly new water heater and gas boiler.
The building measures 25 by 70 feet on a 25-by-100-foot lot. The cellar has high ceilings and its own entrance. Improvements include a new roof and a fairly new water heater and gas boiler.
Key Highlights
- Approximately 4,875 square feet across three floors, plus cellar space
- Laundromat has no lease and a separate water meter
- Two upper‑floor apartments, each with three bedrooms and separate living and dining rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,167
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,340
$2.4M
Cap Rate 7%
$1,702,386
$1.7M
Cap Rate 9%
$1,324,078
$1.3M
Market Conditions
NOI Build-Up for 4,875 SF
Gross rent
$225.2K $46.20/SF
− Vacancy
−$8.6K −$1.76/SF
EGI
$216.7K $44.44/SF
− OpEx
−$97.5K −$20.00/SF
NOI
$119.2K $24.44/SF
Area
ZIP 11214
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,340
Cap Rate 7%
$1,702,386
Cap Rate 9%
$1,324,078
Alternative Uses
Best Use
Apartment 5plus
$1.70M
$1.49M – $1.99M
NOI $119,167 @ 7.0% cap · market cap 7.01%
Second Best
Mixed Use
$1.48M
$1.29M – $1.72M
NOI $103,483 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,068 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,085
Businesses Nearby
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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
$1,007,400
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two upper apartments each have three bedrooms, separate living and dining rooms, and a kitchen.
Where is this mixed-use property located?
The property is located at 1742 Bath Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Approximately 4,875 square feet across three floors, plus cellar space; Laundromat has no lease and a separate water meter; Two upper‑floor apartments, each with three bedrooms and separate living and dining rooms
