Two-Family Brick
New
For Sale
$1,150,000
2505 Bath Ave, Brooklyn, NY 11214
Separate one- and two-bedroom apartments include outdoor areas and a private driveway with garage parking.
Property Size1,540 SF
Lot Size0.05 Acres
Days on Market4
Property Features for 2505 Bath Ave
General Information
Standard status
Active
Size
1,540 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,152
Amenities
hardwood floors
front porch
rear terrace
backyard
private driveway
built-in garage
Building Details
Building Size
1,540 SF
Year Built
1955
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Womcore LLC dba Remax Edge
Listed By:
Jason Zhou · License #JZ1320
(718) 612-3088
Source:
Elliman
Added: Oct 7
Last Checked: Oct 9 at 10:18PM
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 Womcore LLC dba Remax Edge
Investment Insights
Based on property information with market context.
Built in 1955, this brick two-family property contains a one-bedroom apartment on the first floor and a two-bedroom apartment above. The upper residence has an eat-in kitchen, front porch, and access to a rear terrace; the lower unit opens to the backyard. Hardwood floors, a gas boiler, and a hot water heater are among the interior features. The building measures 20' × 44' on a 20' × 100' lot.
A private driveway, built-in garage, and two parking spaces serve the property. The home is within the P.S. 101 Verrazzano School zone. Shopping, restaurants, public transportation, schools, and neighborhood amenities are nearby. Walk Score is 96, Transit Score is 86, and Bike Score is 67.
A private driveway, built-in garage, and two parking spaces serve the property. The home is within the P.S. 101 Verrazzano School zone. Shopping, restaurants, public transportation, schools, and neighborhood amenities are nearby. Walk Score is 96, Transit Score is 86, and Bike Score is 67.
Key Highlights
- Two‑family brick property built in 1955
- First‑floor one‑bedroom apartment and second‑floor two‑bedroom apartment
- 20' × 44' building on a 20' × 100' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,003
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,060
$840.1K
Cap Rate 7%
$600,043
$600.0K
Cap Rate 9%
$466,700
$466.7K
Market Conditions
NOI Build-Up for 1,540 SF
Gross rent
$62.8K $40.80/SF
− Vacancy
−$2.8K −$1.84/SF
EGI
$60.0K $38.96/SF
− OpEx
−$18.0K −$11.69/SF
NOI
$42.0K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,060
Cap Rate 7%
$600,043
Cap Rate 9%
$466,700
Alternative Uses
Best Use
Multifamily LT 5
$600.0K
$525.0K – $700.1K
NOI $42,003 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$537.8K
$470.6K – $627.4K
NOI $37,644 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$898.4K
$786.1K – $1.05M
NOI $62,885 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,355
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and two-bedroom apartments include outdoor areas and a private driveway with garage parking.
Where is this duplex located?
The property is located at 2505 Bath Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑family brick property built in 1955; First‑floor one‑bedroom apartment and second‑floor two‑bedroom apartment; 20' × 44' building on a 20' × 100' lot
