Elegant Two-Family Residence,
189 Bay 10th Street Brooklyn, NY 11228
For Sale
$2,480,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,116 SF
Lot Size0.09 Acres
Price / SF$1,172
Days on Market93
Property Features for 189 Bay 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage - Detached
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,116 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7589
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Meiwen (Carmen) Li
(917) 708-9966
Added: Apr 23
Changed: Jul 12
Last Checked: Jul 24 at 3:06AM
MLS# 500805
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.
Investment Insights
Based on property information with market context.
This two-family residence is located in Dyker Park, Brooklyn. The property features two expansive duplex residences on a 40x96 lot, with a 23x47 building footprint. A private driveway and a detached two-level garage are included. The first duplex, located on the main and lower levels, contains two bedrooms, formal living and dining rooms, a kitchen, and two full bathrooms. The upper duplex, occupying the second and third floors, features three bedrooms, a full kitchen, and two full bathrooms. The lower level is finished and includes a full bathroom, a living room, and a separate rear entrance. The property includes a private, maintained backyard. The property is intended for use as a multi-family residence or for rental income.
Key Highlights
- Two‑family (duplex‑over‑duplex) home in Dyker Park built in 1920
- 40x96 lot with a 23x47 building footprint, plus a private driveway and detached two‑level garage
- Main/lower duplex layout: 2 bedrooms, formal living and dining rooms, a kitchen, and 2 full bathrooms
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 | $107.9k | $51.00 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $105.9k | $50.03 |
| − OpEx | −$31.8k | −$15.01 |
| NOI | $74.1k | $35.02 |
2,116 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$926.3K – $1.24M
NOI $74,106 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$922.8K
$807.5K – $1.08M
NOI $64,599 @ 7.0% cap · market cap 2.60%
Theoretical Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,643 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alrich Clening Co
Home Help
FAQs
What type of property is this?
Duplex - Spacious two-family home in Dyker Park with private drive.
Where is this duplex located?
The property is located at 189 Bay 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: Two‑family (duplex‑over‑duplex) home in Dyker Park built in 1920; 40x96 lot with a 23x47 building footprint, plus a private driveway and detached two‑level garage; Main/lower duplex layout: 2 bedrooms, formal living and dining rooms, a kitchen, and 2 full bathrooms
