2343 Bath Ave Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $12,472/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- 1-minute walk to Brighton Playground
- P.S. 101 the Verrazano Rated A
- Back Yard
About This Home
Presenting a rare opportunity to acquire a well-maintained, cash-producing mixed-use 5-family building in the heart of Bath Beach. This non-stabilized, free-market property is being offered for the first time on the market.
The building features one ground-floor commercial unit—currently operating as an insurance brokerage—and five residential units: three spacious 2-bedroom apartments and two 3-bedroom units. All tenants are reliable, and none of the units are rent-stabilized or under lease, offering exceptional rental flexibility.
Building Size: 22 ft × 82 ft
Lot Size: 22 ft × 100 ft
Gross Annual Income: Approx. $156,360, Annual Insurance: $4,800
All residential units have been renovated within the past 10 years and feature high ceilings and excellent overall condition. The location is highly convenient—just minutes to the bus stop, as to the D train, near the 86th Street commercial corridor, and easy access to the Belt Parkway.
Listing Agent
RE/MAX Real Estate Professionals License #10401235357 Listed on: 05/01/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $17,776
Year Built
- Built in 1923
Lot Details
- 2,189 Sq Ft Lot
- Lot Dimensions are 101 x 22
- Back Yard
- Property is zoned R5
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 5,412 Sq Ft Home
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6874
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $6,000
- Insurance Expense $4,800
- Utility Expense $600
- Gross Income $114,360
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,776 | $576,900 | $11,250 | $565,650 |
| 2024 | $17,776 | $486,900 | $11,250 | $475,650 |
| 2023 | $16,156 | $451,800 | $11,250 | $440,550 |
| 2022 | $14,924 | $458,100 | $11,250 | $446,850 |
| 2021 | $13,855 | $399,150 | $11,250 | $387,900 |
| 2020 | $6,811 | $437,850 | $11,250 | $426,600 |
| 2019 | $13,794 | $376,380 | $11,250 | $365,130 |
| 2018 | $12,886 | $101,311 | $3,634 | $97,677 |
| 2017 | $11,934 | $93,828 | $3,527 | $90,301 |
| 2016 | $11,201 | $86,880 | $4,083 | $82,797 |
| 2015 | $7,272 | $86,880 | $4,903 | $81,977 |
| 2014 | $7,272 | $84,132 | $4,748 | $79,384 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $1,990,000 | -- | $368 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $800,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,792 | Commercial | |
| Previous Owner | $450,000 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $325,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 492256
APN: 06874-0002
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