Address
55 Bay 23rd Street, Brooklyn, NY
Price
$ 2,099,000
Property Attributes
  • MLS#501139
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBath Beach
  • Zip11214
  • StyleMulti-Family
  • Year Built1923
  • Taxes$ 18241
  • Price$ 2,099,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3175
  • Lot Size0.068871 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Well-maintained semi-attached 4-family brick home offering both comfort and strong investment potential. This property features a shared driveway with parking for up to two cars, a rare find in Brooklyn. The first floor includes one 1-bedroom apartment and one 2-bedroom apartment. The second floor offers the same layout, providing a consistent and functional setup. The home also features a fully finished basement with a separate entrance, adding valuable additional space. Conveniently located near public transportation, with easy access to the D train at 20th Avenue station. Multiple bus lines including the B1 bus, B64 bus, B6 bus, and B82-SBS bus are also nearby, along with express buses to Manhattan, making commuting throughout Brooklyn and into the city convenient. Enjoy close proximity to shopping, restaurants, and everyday essentials. Building size 21x77 Lot 25x120.

Price History
5/4/2026 Listed $2,199,000
8/10/2026 5$2,099,000

General Features

Net Operating Income 54600.00
Roof Flat
Zoning RX06
Electric 110 V,220 V
Property Type Residential
Block 6974
Cap Rate 0.03
Lot Number 29
Yearly Taxes 18241.42
Transaction Type Sale
Miscellaneous Expense 500.00
Insurance Expense 6000.00
Utility Expense 500.00
Gross Expense 33000.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 87600
Status Active
Fuel Expense 4000.00
Total Rooms 16
Construction Materials Brick
Cumulative Days on Market 135
MLS Area Bath Beach
Sub Type Multi-Family
Year Built 1923
City Brooklyn
Borough Brooklyn
Residential Features Refrigerator,Stove
DOM 135
Sale Type Arm's Length
# Families 4
Public Remarks Well-maintained semi-attached 4-family brick home offering both comfort and strong investment potential. This property features a shared driveway with parking for up to two cars,a rare find in Brookl

Interior Features

Heating Fuel Gas
Flooring Hardwood,Tile
Hot Water Gas
Full Baths 4
Unit Count 4
Three Quarter Bath 1
Building Amenities NONE
Sq Ft Total 3175
Basement Amenities Finished,Separate Entrance
Baths Total Level 1 2.00
Baths Total Level 2 2.00
Beds Total Level 1 3
Beds Total Level 2 3
Rooms Total Level 1 8
Rooms Total Level 2 8
Beds Total 6
Total Baths 4.00

Exterior Features

Exterior Brick
Yard Back,Front
Foundation Poured Concrete
Lot Sq Ft 3000
Building Length 77.00
Building Width 21.00
Property Panorama YN Yes
Lot Size Length 120
Lot Size Width 25
Parking Attrib 2 Spaces

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11214

Price
AVG $1.75M
$2.1M
Taxes
AVG $12,648
$18,241
Year Built
AVG 1944
1923
Visits
AVG 88
70
Data Provided by Inside Real Estate®
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