318 Bay 11th Street, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 18, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 25 at 4:06 am
Property Features for 318 Bay 11th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
- Parking features
- Garage
- Interior features
- Dishwasher, Refrigerator, Stove
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.04 Acres
Building Details
- Year built
- 1955
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Yu Xiao (Mary) Wu (718) 382-0001
Listing office Momentum Real Estate LLC 1703 86 Street, Brooklyn, NY (718) 382-0001
Listing date Jun 18, 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.
HighLights
- Two‑family home built in 1955 with brick construction and flat roof
- First unit: 1 bedroom and 1 bathroom with direct access to a private backyard
- Upper duplex: 3 bedrooms and 1.5 bathrooms across the 2nd and 3rd floors
- Kitchen appliances include dishwasher, refrigerator, and stove
- Tile flooring throughout
- Private driveway with garage parking
Overview
Located at 318 Bay 11th Street in Brooklyn, the property sits on a quiet residential block. The area offers convenient access to everyday shopping, restaurants, parks, and public transportation.
This configuration supports a range of ownership goals, whether you plan to occupy one unit and host family or tenants in the other, or to operate the property as a residential income asset. The combination of in-home bedrooms and dedicated outdoor space, plus private driveway parking, can be especially practical for households that value privacy and day-to-day convenience.
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 | $122.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $120.1k | $50.03 |
| − OpEx | −$36.0k | −$15.01 |
| NOI | $84.1k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.014844
- Latitude
- 40.604341
