243 Bay 35th Street Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jul 10, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 13 at 10:06 pm
Property Features for 243 Bay 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 8, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bathroom 1
- Parking features
- Garage
- Interior features
- A/C Unit - Window, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,168 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12681
Building Details
- Year built
- 1965
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Emily Hui Chen-Liang (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Jul 10, 2026
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.
Located in Bath Beach, the home is described as a 10-minute walk to the 86th Street shopping district, with convenient access to public transportation, restaurants, parks, and neighborhood amenities. The property also notes proximity to PS 101 Elementary School.
Set on a 30' x 100' lot with an oversized 21.5' x 57' building, this R5-zoned property is configured to support flexible occupancy, with unit layouts spanning 2-bedroom and 3-bedroom configurations across the floors.
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 | $129.3k | $40.80 |
| − Vacancy | −$5.8k | −$1.84 |
| EGI | $123.4k | $38.96 |
| − OpEx | −$37.0k | −$11.69 |
| NOI | $86.4k | $27.27 |
