Two-Family Duplex with Private
For Sale
$1,100,000
334 Bay 13th Street, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
Property Size1,240 SF
Lot Size0.05 Acres
Price / SF$887.10
Days on Market178
Property Features for 334 Bay 13th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4
Interior features
Refrigerator, Stove
Subdivision
Bath Beach
Standard status
Active
Size
1,240 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9577
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Century 21 Homefront Realty
(718) 252-6060
Listed By:
Delton Cheng · License #31CH0928260
(718) 252-6060
Added: Feb 16
Changed: Aug 3
Last Checked: Aug 13 at 11:06AM
MLS# 498983
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.
Investment Insights
Based on property information with market context.
Brick two-family duplex on an R4-zoned lot, built in 1945 and set under a flat roof. The owner’s side is a three-bedroom duplex with a thoughtfully designed layout and a separate laundry room. The lower level includes a one-bedroom apartment that can support steady rental income. Interior finishes include hardwood and carpet flooring, with a refrigerator and stove listed among the interior features.
The home offers outdoor space with a back patio that opens to a private fenced yard, plus private rear parking for multiple vehicles. Located in Bath Beach, it’s described as a short distance to Dyker Beach Park, Bath Beach Park, and the Shore Parkway Greenway Trail. Daily convenience is noted near shops, restaurants, buses, and trains on 86th Street, with easy access to the Belt Parkway for commuting and travel.
With 1,240 square feet and a lot size of 0.0464 acres, this two-family property presents a practical live-and-rent configuration centered on both indoor comfort and outdoor privacy.
The home offers outdoor space with a back patio that opens to a private fenced yard, plus private rear parking for multiple vehicles. Located in Bath Beach, it’s described as a short distance to Dyker Beach Park, Bath Beach Park, and the Shore Parkway Greenway Trail. Daily convenience is noted near shops, restaurants, buses, and trains on 86th Street, with easy access to the Belt Parkway for commuting and travel.
With 1,240 square feet and a lot size of 0.0464 acres, this two-family property presents a practical live-and-rent configuration centered on both indoor comfort and outdoor privacy.
Key Highlights
- 0.0464‑acre lot with 1,240 SF brick two‑family duplex
- R4 zoning and flat roof; built in 1945
- Owner’s duplex has three bedrooms with a separate laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,821
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,420
$676.4K
Cap Rate 7%
$483,157
$483.2K
Cap Rate 9%
$375,789
$375.8K
Market Conditions
NOI Build-Up for 1,240 SF
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.
Gross rent
$50.6K $40.80/SF
− Vacancy
−$2.3K −$1.84/SF
EGI
$48.3K $38.96/SF
− OpEx
−$14.5K −$11.69/SF
NOI
$33.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,420
Cap Rate 7%
$483,157
Cap Rate 9%
$375,789
Alternative Uses
Best Use
Multifamily LT 5
$483.2K
$422.8K – $563.7K
NOI $33,821 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$433.0K
$378.9K – $505.2K
NOI $30,311 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$723.4K
$632.9K – $843.9K
NOI $50,635 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,625
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R4 zoned brick two-family duplex featuring a back patio, private fenced yard, and rear parking for multiple vehicles.
Where is this duplex located?
The property is located at 334 Bay 13th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 0.0464‑acre lot with 1,240 SF brick two‑family duplex; R4 zoning and flat roof; built in 1945; Owner’s duplex has three bedrooms with a separate laundry room
