Two-Family Brick
2144 Bay Ridge Avenue, Brooklyn, NY 11204
For Sale
New
$1,899,000
Residential, Brooklyn, NY
Property Size3,960 SF
Lot Size0.06 Acres
Price / SF$479.55
Days on Market1
Property Features for 2144 Bay Ridge Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
outdoor space
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Nov 7
Last Checked: Nov 7 at 6:06PM
MLS# 505928
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,960-square-foot, semi-detached brick duplex contains two three-bedroom apartments. The first-floor residence has hardwood floors, high ceilings, a large living and dining area, and an L-shaped kitchen. The upper apartment has a similar bedroom layout, high ceilings, and updated windows, lighting, kitchen, bathroom, and flooring. A finished basement adds an open area, bathroom, and separate exterior entrance. The property also includes outdoor space, a two-car garage, and a driveway approximately 10 feet wide. The building measures 20 by 66 feet on a 25-by-100-foot lot and was built in 1910.
The property is near Bay Parkway and 65th Street, with shopping, restaurants, CVS, Chase Bank, and P.S. 247 in the surrounding area. Transit options include the B6 bus and the N train, which provides access toward Manhattan.
The property is near Bay Parkway and 65th Street, with shopping, restaurants, CVS, Chase Bank, and P.S. 247 in the surrounding area. Transit options include the B6 bus and the N train, which provides access toward Manhattan.
Key Highlights
- Two three‑bedroom apartments in a 3,960‑square‑foot brick building
- Finished basement with bathroom, open layout, and separate exterior entrance
- Two‑car garage and approximately 10‑foot‑wide driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,686
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,773,720
$2.8M
Cap Rate 7%
$1,981,229
$2.0M
Cap Rate 9%
$1,540,956
$1.5M
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$202.0K $51.00/SF
− Vacancy
−$3.8K −$0.97/SF
EGI
$198.1K $50.03/SF
− OpEx
−$59.4K −$15.01/SF
NOI
$138.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,773,720
Cap Rate 7%
$1,981,229
Cap Rate 9%
$1,540,956
Alternative Uses
Best Use
Multifamily LT 5
$1.98M
$1.73M – $2.31M
NOI $138,686 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$1.73M
$1.51M – $2.01M
NOI $120,895 @ 7.0% cap · market cap 6.37%
Theoretical Best
Specialty Retail
$3.28M
$2.87M – $3.83M
NOI $229,522 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments are complemented by a finished basement with a separate exterior entrance.
Where is this duplex located?
The property is located at 2144 Bay Ridge Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Two three‑bedroom apartments in a 3,960‑square‑foot brick building; Finished basement with bathroom, open layout, and separate exterior entrance; Two‑car garage and approximately 10‑foot‑wide driveway
