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Renovated Duplex with Garage
For Sale
$1,575,000

342 Bay 11th Street, Brooklyn, NY 11228

Residential, Brooklyn, NY

Property Size800 SF
Lot Size0.05 Acres
Price / SF$1,968
Days on Market157

Property Features for 342 Bay 11th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 4
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features Garage
Interior features A/C Unit, Refrigerator, Stove
Subdivision Dyker Heights
Standard status Active
Size 800 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 13000

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Flooring type Hardwood, Ceramic
Building materials Brick
Roof type Flat
Listing Agency: Compass Realty Central Inc.
Listed By: Jasper Marino
Added: May 11 Changed: Oct 13 Last Checked: Oct 14 at 12:06AM
MLS# 501317

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.

This R4-zoned duplex is arranged as a six-room residence and a separate-entry three-room, one-bedroom unit. The primary home includes a new kitchen with granite countertops, a half bath, washer/dryer hookup, living and dining areas, three bedrooms, and an updated full bath with Jacuzzi and double sink. A wraparound deck connects to the large yard. Renovations completed within the last 1 1/2 years include new floors, walls, ceilings, Marvin French windows, roof, electrical systems, two boilers, and a five-unit AC system. Additional improvements include radiant heat with separate thermostats, a skylight, awnings, brick repointing, and camera security.

The corner property is located on Bay 11th Street in Brooklyn’s Dyker Heights area, near Independence Avenue. The 0.049-acre parcel includes a garage, two private driveways, and parking for 3 cars. Brick construction dates to 1950, with a flat roof and ceramic and hardwood flooring.

Key Highlights

  • Two‑family duplex with a separate‑entry 3‑room, 1‑bedroom unit
  • Renovated within the last 1 1/2 years
  • R4 zoning on a 0.049‑acre corner parcel

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Bar & Pub Law Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family configuration includes a separate-entry one-bedroom residence and updated interior systems.
Where is this duplex located?
The property is located at 342 Bay 11th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Two‑family duplex with a separate‑entry 3‑room, 1‑bedroom unit; Renovated within the last 1 1/2 years; R4 zoning on a 0.049‑acre corner parcel
More about this property
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