Brick Triplex with
For Sale
$1,298,000
2742 Bath Avenue, Brooklyn, NY 11214
Built in 1950, the brick residence is near shopping, restaurants, schools, public transportation, and major roadways.
Property Size2,351 SF
Price / SF$552.11
Days on Market64
Property Features for 2742 Bath Avenue
General Information
Standard status
Active
Size
2,351 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Amenities
built-in garage
Building Details
Year Built
1950
Buildings
1
Construction
brick
Listing Agency:
Gosen properties
(718) 704-0494
Listed By:
Emmanuel Victor
(718) 598-7374
Source:
Gosenproperties
Added: Aug 28
Changed: Oct 28
Last Checked: Oct 28 at 4:10PM
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 Gosen properties
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Investment Insights
Based on property information with market context.
This brick triplex at 2742 Bath Avenue includes a built-in garage. Constructed in 1950, the property contains 2,351 square feet. It is located near shopping, restaurants, schools, public transportation, and major roadways in Brooklyn.
Key Highlights
- 2,351‑square‑foot brick triplex
- Built‑in garage
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,123
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,460
$1.3M
Cap Rate 7%
$916,043
$916.0K
Cap Rate 9%
$712,478
$712.5K
Market Conditions
NOI Build-Up for 2,351 SF
Gross rent
$95.9K $40.80/SF
− Vacancy
−$4.3K −$1.84/SF
EGI
$91.6K $38.96/SF
− OpEx
−$27.5K −$11.69/SF
NOI
$64.1K $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%
$1,282,460
Cap Rate 7%
$916,043
Cap Rate 9%
$712,478
Alternative Uses
Best Use
Multifamily LT 5
$916.0K
$801.5K – $1.07M
NOI $64,123 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$821.0K
$718.4K – $957.8K
NOI $57,469 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,002 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,117
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Triplex - Built in 1950, the brick residence is near shopping, restaurants, schools, public transportation, and major roadways.
Where is this triplex located?
The property is located at 2742 Bath Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: 2,351‑square‑foot brick triplex; Built‑in garage; Built in 1950
