Duplex Condo with Roof
For Sale
Contact for pricing
1830 Bath Avenue #102, Brooklyn, NY 11214
A three-bedroom layout pairs a custom kitchen with central air conditioning and in-unit laundry.
Property Size1,605 SF
Price / SF$467.29
Days on Market8
Property Features for 1830 Bath Avenue #102
General Information
Standard status
Active
Size
1,605 SF
Property subtype
Multifamily
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Amenities
hardwood floors
granite countertops
central A/C
in-unit washer and dryer
roof access
pet-friendly building
Jacuzzi tub
Listing Agency:
REMAX EDGE
Listed By:
ZaiYou (Joe) Zhu · License #NY 10401312891
Source:
Crexi
Added: Sep 19
Changed: Sep 24
Last Checked: Sep 26 at 7:14AM
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 REMAX EDGE
Investment Insights
Based on property information with market context.
This duplex condo offers 1,605 square feet with three bedrooms and three bathrooms. Hardwood flooring runs throughout, and the split-bedroom arrangement separates the primary suite from the other bedrooms. The kitchen has granite countertops, while central air conditioning and heating serve the home. An in-unit washer and dryer add everyday convenience, and the primary bathroom includes a Jacuzzi tub. Roof access is also available to residents.
The property is at 1830 Bath Avenue in Brooklyn, across the street from shopping, dining, playgrounds, and schools.
The property is at 1830 Bath Avenue in Brooklyn, across the street from shopping, dining, playgrounds, and schools.
Key Highlights
- Duplex condo with 1,605 square feet, three bedrooms, and three bathrooms
- Split‑bedroom layout with hardwood floors throughout
- Granite‑counter kitchen, central A/C and heating, and in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,660
$784.7K
Cap Rate 7%
$560,471
$560.5K
Cap Rate 9%
$435,922
$435.9K
Market Conditions
NOI Build-Up for 1,605 SF
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.
Gross rent
$74.2K $46.20/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$71.3K $44.44/SF
− OpEx
−$32.1K −$20.00/SF
NOI
$39.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,660
Cap Rate 7%
$560,471
Cap Rate 9%
$435,922
Alternative Uses
Best Use
Apartment 5plus
$560.5K
$490.4K – $653.9K
NOI $39,233 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$936.3K
$819.2K – $1.09M
NOI $65,539 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,085
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A three-bedroom layout pairs a custom kitchen with central air conditioning and in-unit laundry.
Where is this residential income property located?
The property is located at 1830 Bath Avenue #102 Brooklyn, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex condo with 1,605 square feet, three bedrooms, and three bathrooms; Split‑bedroom layout with hardwood floors throughout; Granite‑counter kitchen, central A/C and heating, and in‑unit washer and dryer
