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Vacant Two-Family Attached Home

250 Bay 14th Street Brooklyn, NY 11214

250 Bay 14th Street, Brooklyn, NY, 11214
$1,289,000
For Sale
$1,289,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,890 SF
Lot Size0.04 Acres
Price / SF$682.01
Days on Market50

Property Features for 250 Bay 14th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Driveway
Basement
Apartment, Full, Finished
Standard status
Active
APN
6461-224
Size
1,890 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
8323

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Steam

Building Details

Year built
1940
Floors in Building
3
Number of units
2
Building materials
Brick
Listing agency Robert DeFalco Realty, Inc.
Listed by Raymond Ebro
Added: Jun 3 Updated: Jul 13 at 2:45AM Checked: Jul 22 at 4:06AM
MLS# 2603098

Copyright © 2026 Staten Island Board of Realtors. 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 vacant two-family attached home is ready for immediate occupancy or rental use. Unit 1 spans the first and second levels and includes three bedrooms, a full bathroom, a half bathroom, and comfortable living space throughout. Unit 2 is on the third level and consists of three rooms, a kitchen, a living room, and a full bathroom. The building is delivered completely vacant, offering flexibility for an owner-occupant or investor. The property also features a private gated driveway for off-street parking and a roof reported as only 3 years old.

Located in the Bath Beach section of Brooklyn, the home is described as convenient to shopping, restaurants, schools, parks, public transportation, and major roadways, supporting everyday accessibility.

The property is zoned R4. The listing reports a total building size of 1,890 square feet, set on a 0.04-acre lot.

Key Highlights

  • Vacant two‑family attached home with Unit 1 on the first and second levels and Unit 2 on the third level
  • Unit 1 features 3 bedrooms plus 1 full bathroom and 1 half bathroom
  • Unit 2 includes 3 rooms, a kitchen, a living room, and 1 full bathroom

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 $77.1k $40.80
− Vacancy −$3.5k −$1.84
EGI $73.6k $38.96
− OpEx −$22.1k −$11.69
NOI $51.5k $27.27
1,890 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$736.4K
$644.4K – $859.2K (±1% cap)
NOI $51,549 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$660.0K
$577.5K – $770.0K (±1% cap)
NOI $46,200 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.10M
$964.7K – $1.29M (±1% cap)
NOI $77,177 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Catering Service (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Vacant two-family attached residence with roof age 3 years and private gated driveway for off-street parking.
Where is this duplex located?
The property is located at 250 Bay 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Vacant two‑family attached home with Unit 1 on the first and second levels and Unit 2 on the third level; Unit 1 features 3 bedrooms plus 1 full bathroom and 1 half bathroom; Unit 2 includes 3 rooms, a kitchen, a living room, and 1 full bathroom
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