All-Brick 4-Family Residential
21 Bay 14th Street Brooklyn, NY 11214
New
For Sale
$1,900,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$791.67
Days on Market3
Property Features for 21 Bay 14th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
- Interior features
- Central Air
- Basement
- Finished
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10095
Building Details
- Year built
- 1906
- Floors in Building
- 3
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
RE/MAX Elite
(718) 690-3900
Listed By:
Salvatore Carola
(718) 690-3900
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 7:06PM
MLS# 503187
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 all-brick four-family building offers four 2-bedroom units in a turnkey, move-in-ready configuration. The first-floor unit will be delivered vacant, with exclusive access to a full basement and a private yard. The property has recently renovated interiors, providing updated finishes across the building.
Located in Bath Beach, Brooklyn, the property is zoned R5. Public transportation is nearby, including the B1, B16, and B64 bus routes and the D train, supporting convenient commuting options for residents.
The building’s layout is designed for multiple households within a single structure, with direct utility of the basement and yard access tied to the first-floor unit at delivery.
Located in Bath Beach, Brooklyn, the property is zoned R5. Public transportation is nearby, including the B1, B16, and B64 bus routes and the D train, supporting convenient commuting options for residents.
The building’s layout is designed for multiple households within a single structure, with direct utility of the basement and yard access tied to the first-floor unit at delivery.
Key Highlights
- All‑brick 4‑family built in 1906 with a flat roof and central air
- Situated on a 25' x 109' lot in Bath Beach, Brooklyn
- Four 2‑bedroom units—first‑floor unit will be delivered vacant
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 | $97.9k | $40.80 |
| − Vacancy | −$4.4k | −$1.84 |
| EGI | $93.5k | $38.96 |
| − OpEx | −$28.1k | −$11.69 |
| NOI | $65.5k | $27.27 |
2,400 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$935.1K
$818.3K – $1.09M
NOI $65,460 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,003 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Turnkey all-brick four-family with four 2-bedroom units and a vacant first-floor delivery.
Where is this quadplex located?
The property is located at 21 Bay 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: All‑brick 4‑family built in 1906 with a flat roof and central air; Situated on a 25' x 109' lot in Bath Beach, Brooklyn; Four 2‑bedroom units—first‑floor unit will be delivered vacant
