185 Bay 11th Street, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 14, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 24 at 8:06 pm
Property Features for 185 Bay 11th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6960
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Block, Brick
- Roof type
- Flat
Listing agent Xiao Hua (Jessie) Zhou (718) 532-2000
Listing office Re/Max Real Estate Professiona 6423 11th Ave, Brooklyn, NY (718) 872-5522
Listing date Jun 14, 2026
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.
HighLights
- Fully renovated 2‑family home with block and brick construction
- 20' x 100' lot with a 20' x 52' building size
- New electrical wiring, updated water and sewer lines, plus a new gas line
- Radiant heating with 3 separate heating zones and split AC units
- Tankless hot water system and flat roof
- Layout includes first floor: living room, kitchen, 1 bedroom, full bath; second floor: 3 bedrooms, kitchen, full bath, plus a full finished basement and backyard
Overview
Located at 185 Bay 11th Street in Brooklyn, NY 11228, the home is zoned R4. The layout provides two distinct residential levels, supported by a finished basement that can support additional living or utility space depending on tenant or owner needs.
For buyers seeking a move-in-ready residential income property, the recent core-system upgrades and modern mechanicals are practical considerations. The flexible first-floor bedroom configuration may also help accommodate different household layouts, while the completed basement and backyard add usable space beyond the main floors. This is a brick, fully renovated two-family asset designed for straightforward occupancy planning and long-term livability.
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 | $102.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $100.1k | $50.03 |
| − OpEx | −$30.0k | −$15.01 |
| NOI | $70.0k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.011728
- Latitude
- 40.606652
