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Renovated Semi-Detached Brick Duplex

202 Bay 34th Street Brooklyn, NY 11214

202 Bay 34th Street, Brooklyn, NY, 11214
$1,228,000
For Sale
$1,228,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,532 SF
Lot Size0.04 Acres
Price / SF$801.57
Days on Market126

Property Features for 202 Bay 34th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Interior features
A/C Unit - Wall, Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
1,532 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
6026

Building Details

Year built
1915
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency Tiger Realty
1484 86th Street, Brooklyn, NY
Listed by Emily Hui Chen-Liang
Added: Mar 17 Checked: Jul 20 at 3:06 am
MLS# 499694 Listing URL

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 spacious semi-detached brick one-family duplex was fully renovated in 2020 and is designed for flexible everyday living. The first floor features a living room, bright sunroom, eat-in kitchen, and a full bathroom. The upper level offers three well-sized bedrooms. Comfort is supported by six ductless A/C and heating units for year-round control. A fully finished basement provides additional versatile space that can be used as a recreation room or home office, with a dedicated laundry area and ample storage. The property also includes one carport parking space.

The home is located just minutes from the 86th Street D train station and close to a variety of shops, restaurants, and supermarkets. The property is listed under R5 zoning.

Overall, the layout combines main-level entertaining space, upper-level bedrooms, and a finished lower level for work or recreation, complemented by year-round HVAC through the ductless units.

Key Highlights

  • Renovated in 2020; semi‑detached brick duplex one‑family home with finished basement
  • Six ductless A/C and heating units for year‑round comfort
  • First floor: living room, bright sunroom, eat‑in kitchen, and full bathroom

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 $62.5k $40.80
− Vacancy −$2.8k −$1.84
EGI $59.7k $38.96
− OpEx −$17.9k −$11.69
NOI $41.8k $27.27
1,532 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$596.9K
$522.3K – $696.4K (±1% cap)
NOI $41,785 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$535.0K
$468.1K – $624.2K (±1% cap)
NOI $37,449 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$893.7K
$782.0K – $1.04M (±1% cap)
NOI $62,559 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel Catering Service Bed & Breakfast Bar & Pub (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated in 2020, this semi-detached duplex includes six ductless A/C and heating units plus a fully finished basement.
Where is this duplex located?
The property is located at 202 Bay 34th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,228,000.
What are key features of this property?
This property features: Renovated in 2020; semi‑detached brick duplex one‑family home with finished basement; Six ductless A/C and heating units for year‑round comfort; First floor: living room, bright sunroom, eat‑in kitchen, and full bathroom
Contact an agent
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