Mixed-Use Building with
New
For Sale
$2,250,000
2050 Bath Avenue, Brooklyn, NY 11214
The property combines a ground-floor commercial space and finished basement with two renovated residential units.
Property Size3,000 SF
Price / SF$750
Days on Market6
Property Features for 2050 Bath Avenue
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Mixed Use
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Ashford Homes LLC
Listed By:
Dan (Janie) Chen
(929) 364-1301
Source:
Prideestates
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 7:38PM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This mixed-use property includes two renovated residential apartments, each with three bedrooms, above a ground-floor commercial space. A finished basement is also part of the building. The residential portion provides six bedrooms across the two units, alongside the commercial component.
Key Highlights
- Two renovated three‑bedroom apartments, totaling six bedrooms
- Ground‑floor commercial space
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,333
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,660
$1.5M
Cap Rate 7%
$1,047,614
$1.0M
Cap Rate 9%
$814,811
$814.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$138.6K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$133.3K $44.44/SF
− OpEx
−$60.0K −$20.00/SF
NOI
$73.3K $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 Rate 5%
$1,466,660
Cap Rate 7%
$1,047,614
Cap Rate 9%
$814,811
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 3.26%
Second Best
Mixed Use
$909.7K
$796.0K – $1.06M
NOI $63,682 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,504 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,199
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a ground-floor commercial space and finished basement with two renovated residential units.
Where is this mixed-use property located?
The property is located at 2050 Bath Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Two renovated three‑bedroom apartments, totaling six bedrooms; Ground‑floor commercial space; Finished basement
