Detached Two-Family Duplex with
185 Bay 10th Street, Brooklyn, NY 11228
For Sale
$1,399,000
Residential, Brooklyn, NY
Property Size1,410 SF
Lot Size0.04 Acres
Price / SF$992.20
Days on Market54
Property Features for 185 Bay 10th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
split air condition units
washer/dryer
microwave
fire pit area
storage shed
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Your Home Sold Guaranteed Real
Listed By:
Lavinia Randazzo · License NY LR5825
(718) 608-4892
Added: Sep 22
Changed: Oct 28
Last Checked: Nov 14 at 12:06AM
MLS# 504783
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This detached, brick-and-wood-frame duplex contains two one-bedroom apartments, each with a bathroom. The 1,410-square-foot property was built in 1915 and sits on a 0.0444-acre lot. Interior features include updated kitchens and bathrooms, hardwood and tile flooring, two split air-conditioning units, and a washer and dryer. Each apartment has a separate boiler system, hot-water tank, and utilities; a second bedroom is identified as a possibility for each unit.
Outdoor features include a backyard with a fire-pit area and a storage shed with double-door entry. The property is zoned R4 and is described as close to schools, shopping, parks, public transportation, and major roadways.
Outdoor features include a backyard with a fire-pit area and a storage shed with double-door entry. The property is zoned R4 and is described as close to schools, shopping, parks, public transportation, and major roadways.
Key Highlights
- Detached two‑family property with two one‑bedroom apartments
- 1,410 square feet on a 0.0444‑acre lot; built in 1915
- Separate boiler systems, hot‑water tanks, and utilities for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,381
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,620
$987.6K
Cap Rate 7%
$705,443
$705.4K
Cap Rate 9%
$548,678
$548.7K
Market Conditions
NOI Build-Up for 1,410 SF
Gross rent
$71.9K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$70.5K $50.03/SF
− OpEx
−$21.2K −$15.01/SF
NOI
$49.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,620
Cap Rate 7%
$705,443
Cap Rate 9%
$548,678
Alternative Uses
Best Use
Multifamily LT 5
$705.4K
$617.3K – $823.0K
NOI $49,381 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$614.9K
$538.1K – $717.4K
NOI $43,046 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.36M
NOI $81,724 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,781
Businesses Nearby
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Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own boiler, hot-water tank, and utilities.
Where is this duplex located?
The property is located at 185 Bay 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Detached two‑family property with two one‑bedroom apartments; 1,410 square feet on a 0.0444‑acre lot; built in 1915; Separate boiler systems, hot‑water tanks, and utilities for each apartment
