Mixed-Use Building with
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 Market10
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 16 at 9:05AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
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
