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Single-Family Residence with Covered Terrace

4388 Bedford Avenue Brooklyn, NY 11229

4388 Bedford Avenue, Brooklyn, NY, 11229
$1,275,000
For Sale
$1,275,000

SINGLE_FAMILY - Brooklyn, NY

Property Size2,249 SF
Lot Size0.05 Acres
Price / SF$566.92
Days on Market132

Property Features for 4388 Bedford Avenue

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Parking features
Garage
Patio and Porch features
Porch, Deck, Patio
Interior features
Central Air - Split, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer
Basement
Full, Finished
Standard status
Active
Size
2,249 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
8334

Building Details

Year built
1940
Floors in Building
2
Flooring type
Hardwood, Laminate
Roof type
Flat
Architectural style
Other
Listing Agency Re Max Team
2709 Coney Island Ave 2nd Fl, Brooklyn, NY
Listed by Gennadiy Gershanovich
Added: Mar 11 Updated: Jul 11 at 6:34 pm Checked: Jul 20 at 9:06 pm
MLS# 499503 Listing URL

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.

Situated at 4388 Bedford Avenue, this beautifully maintained brick single-family residence offers extra-high ceilings and a bright, well-proportioned interior. The main level features spacious living and dining areas with large windows, parquet flooring, and an oversized custom eat-in kitchen equipped with premium stainless-steel appliances. Upstairs, there are three generously sized bedrooms sharing a fully tiled bathroom with a tub and a recently added modern glass shower stall and updated fixtures. A fully finished lower level adds flexible space, including a large area suited for a home office, gym, or entertainment, plus a separate entrance and a half bath.

Outside, the home includes both a front porch and a private covered terrace off the upper space, overlooking a fenced backyard. The property is set on a 20x100 lot and includes a private driveway and garage for off-street parking. The garden has established plantings and fruit trees, including cherry, peach, dates, apricot, apples, and grapes.

Additional highlights include eastern/western exposures, ample closet space, and a new boiler.

Key Highlights

  • Single‑family brick home on a 20x100 lot with 2,200+ sf of living space
  • 4 bedrooms and 3 bathrooms, with extra high ceilings and parquet and laminate flooring
  • Oversized custom eat‑in kitchen with premium stainless steel appliances, ample cabinetry, and generous workspace

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 $114.7k $51.00
− Vacancy −$2.2k −$0.97
EGI $112.5k $50.03
− OpEx −$33.8k −$15.01
NOI $78.8k $35.02
2,249 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$984.6K – $1.31M (±1% cap)
NOI $78,764 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$980.9K
$858.3K – $1.14M (±1% cap)
NOI $68,660 @ 7.0% cap · market cap 5.39%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,352 @ 7.0% cap · market cap 10.22%
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 Real Estate Agency Hotel & Motel Catering Service Nursing Home Bar & Pub Nursing Home Bed & Breakfast Acupuncture Coworking & Hybrid Office

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

FAQs

What type of property is this?
Duplex - Brick single-family home with a private fenced backyard, front and covered rare terrace, and off-street parking.
Where is this duplex located?
The property is located at 4388 Bedford Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Single‑family brick home on a 20x100 lot with 2,200+ sf of living space; 4 bedrooms and 3 bathrooms, with extra high ceilings and parquet and laminate flooring; Oversized custom eat‑in kitchen with premium stainless steel appliances, ample cabinetry, and generous workspace
Contact an agent
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