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347 Bay 10th Street, Brooklyn, NY, 11228
All-Brick Two-Family End Unit

347 Bay 10th Street Brooklyn, NY 11228

For Sale
$1,488,888

MULTI_FAMILY - Brooklyn, NY

Property Size2,055 SF
Lot Size0.05 Acres
Price / SF$724.52
Days on Market53

Property Features for 347 Bay 10th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Patio and Porch features
Deck, Porch, Patio
Interior features
Alarm, Central Air - Split, Deck, Dishwasher, Garage Door Opener(s), Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
Basement
Full, Finished
Standard status
Active
Size
2,055 SF
Lot size
0.05 Acres

Building Details

Year built
1950
Floors in Building
3
Number of units
1
Flooring type
Marble, Hardwood
Building materials
Wood Frame
Roof type
Flat, Rubber
Architectural style
Colonial
Listing Agency: DiTommaso Real Estate
Listed By: Pamela A. Zappulla · License #40AK1178788
Added: Jun 4 Changed: Jul 11 Last Checked: Jul 26 at 5:06PM
MLS# 501991

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 all-brick two-family end unit offers a total of 4 bedrooms and 3 bathrooms, with hardwood floors throughout. The home is supported by multiple recent upgrades, including brand-new electric meters, a brand-new mini-split system, and a brand-new hot water heater. A spacious basement level includes a private-access room that can serve as a home office, gym, family room, or media room. Outside, the property features a covered front porch, a rear deck with a carport underneath, and a fully fenced yard surrounded by a brick wall. Additional exterior details include a decorative fountain and waterfall feature, along with a sprinkler system.

Located in Brooklyn, the property is described as being in Dyker Heights and is positioned for convenience to shopping, transportation, and local amenities. The listing is under zoning R4. Please refer to photos for floor plans and room sizes.

For buyers seeking an income property with flexible interior space, the combination of hardwood finishes, multiple updated mechanical components, and a basement area with private access supports a variety of living and work arrangements. The outdoor setup, including the covered porch, rear deck, and fully fenced yard, adds practical everyday usability within a residential-income structure.

Key Highlights

  • All‑brick two‑family end unit built in 1950 with 4 bedrooms and 3 bathrooms
  • Hardwood floors throughout plus marble flooring
  • Brand‑new electric meters, brand‑new mini‑split system, and brand‑new hot water heater

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 $104.8k $51.00
− Vacancy −$2.0k −$0.97
EGI $102.8k $50.03
− OpEx −$30.8k −$15.01
NOI $72.0k $35.02
2,055 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.03M
$899.6K – $1.20M (±1% cap)
NOI $71,970 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$896.2K
$784.2K – $1.05M (±1% cap)
NOI $62,737 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,108 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm Hotel & Motel (Bike/Boat/Book/etc) Store Bar & Pub Acupuncture Nursing Home Storage Facility Nursing Home Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - All-brick two-family end unit with new systems, hardwood floors, and a fenced yard with rear deck.
Where is this duplex located?
The property is located at 347 Bay 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,488,888.
What are key features of this property?
This property features: All‑brick two‑family end unit built in 1950 with 4 bedrooms and 3 bathrooms; Hardwood floors throughout plus marble flooring; Brand‑new electric meters, brand‑new mini‑split system, and brand‑new hot water heater
More about this property
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