Two-Family Duplex with
New
For Sale
$1,368,888
301 Bay 10th St, Brooklyn, NY 11228
A front driveway and built-in garage accompany two residential units arranged across the building’s three floors.
Property Size1,860 SF
Price / SF$735.96
Days on Market7
Property Features for 301 Bay 10th St
General Information
Standard status
Active
Size
1,860 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1955
Buildings
1
Stories
3
Listing Agency:
Momentum Real Estate LLC
Listed By:
Kevin Lam · License #KL3175
(718) 382-0001
Source:
Statenislandhomelistings
Added: Oct 4
Changed: Oct 8
Last Checked: Oct 9 at 7:50PM
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 Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This two-family duplex at 301 Bay 10th St has a main unit spanning the first and second floors, plus a separate apartment on the third floor. The first floor includes one bedroom, a full bathroom and a family room with access to the backyard. The primary bedroom opens onto a back deck. The upper apartment has three bedrooms, a living room combined with the kitchen, and one full bathroom. A private front driveway and built-in garage are also part of the property.
The property has a Walk Score of 92, a Transit Score of 80 and a Bike Score of 55. Shopping, transportation options and schools are noted nearby.
The property has a Walk Score of 92, a Transit Score of 80 and a Bike Score of 55. Shopping, transportation options and schools are noted nearby.
Key Highlights
- Two‑family property with a main unit on the first and second floors and a separate third‑floor apartment
- First floor has 1 bedroom, 1 full bathroom and a family room with backyard access
- Primary bedroom has direct access to a back deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,140
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,800
$1.3M
Cap Rate 7%
$930,571
$930.6K
Cap Rate 9%
$723,778
$723.8K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$94.9K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$93.1K $50.03/SF
− OpEx
−$27.9K −$15.01/SF
NOI
$65.1K $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%
$1,302,800
Cap Rate 7%
$930,571
Cap Rate 9%
$723,778
Alternative Uses
Best Use
Multifamily LT 5
$930.6K
$814.3K – $1.09M
NOI $65,140 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$811.2K
$709.8K – $946.4K
NOI $56,784 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$1.54M
$1.35M – $1.80M
NOI $107,806 @ 7.0% cap · market cap 7.88%
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
1,187
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A front driveway and built-in garage accompany two residential units arranged across the building’s three floors.
Where is this duplex located?
The property is located at 301 Bay 10th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,368,888.
What are key features of this property?
This property features: Two‑family property with a main unit on the first and second floors and a separate third‑floor apartment; First floor has 1 bedroom, 1 full bathroom and a family room with backyard access; Primary bedroom has direct access to a back deck
