Address
140 Bay 49th Street, Brooklyn, NY
Price
$ 1,680,000
Property Attributes
  • MLS#504346
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBath Beach
  • Zip11214
  • Style
  • Year Built1988
  • Taxes$ 9260
  • Price$ 1,680,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms2
  • Lot Size0.046602 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Excellent opportunity to own a three-family property in move-in condition, offering an ideal combination of comfortable living and investment potential. This well-maintained multi-family home provides a versatile layout suitable for an owner-occupant, or investor looking to add a desirable income-producing property to their portfolio. Each unit features separate heat and hot water, providing added convenience, efficiency, and ease of management. The property offers excellent potential for rental income while allowing an end user the flexibility to occupy one unit and generate income from the additional units. Conveniently situated near public transportation, shopping, schools, and a variety of neighborhood amenities, making daily commuting and everyday necessities easily accessible. The combination of three-family use move-in-ready condition, separate utilities, and a convenient location makes this a compelling opportunity in today’s market. Whether purchasing for personal use, investment, or a combination of both, this property offers flexibility, functionality, and long-term potential. Motivated seller and cooperative listing agent. All qualified buyers are welcome. Schedule your private showing and explore the possibilities this exceptional multi-family property has to offer.

Price History
9/8/2026 Listed $1,680,000

General Features

Net Operating Income 55016.80
Roof Flat
Zoning R5
Electric Circuit Breakers
Style Other
Stories Count 3
Property Type Residential
Block 6916
Cap Rate 0.03
Lot Number 35
Yearly Taxes 9260.00
Transaction Type Sale
Miscellaneous Expense 0.00
Insurance Expense 2500.00
Utility Expense 360.00
Gross Expense 16070.00
Financing Bank Mortgage,Cash
Building Type Attached
Gross Income 71086
Status Active
Fuel Expense 2350.00
Total Rooms 13
Construction Materials Brick
Cumulative Days on Market 15
MLS Area Bath Beach
Sub Type Multi-Family
Year Built 1988
City Brooklyn
Borough Brooklyn
Residential Features Refrigerator,Stove,Terrace
Number Of Vacant Units 1
DOM 15
Sale Type Arm's Length
# Families 3
Public Remarks Excellent opportunity to own a three-family property in move-in condition,offering an ideal combination of comfortable living and investment potential. This well-maintained multi-family home provides

Interior Features

Heating Fuel Gas
Flooring Hardwood
Hot Water Gas
Full Baths 3
Half Baths 2
Unit Count 3
Building Amenities NONE
Basement Amenities Finished
Baths Total Level 1 1.00
Baths Total Level 2 2.00
Baths Total Level 3 2.00
Beds Total Level 1 1
Beds Total Level 2 2
Beds Total Level 3 3
Rooms Total Level 1 3
Rooms Total Level 2 5
Rooms Total Level 3 5
Beds Total 6
Total Baths 5.00

Exterior Features

Exterior Brick
Yard Back,Front
Foundation Poured Concrete
Lot Sq Ft 2030
Building Length 52.00
Building Width 21.00
Property Panorama YN Yes
Lot Size Length 97
Lot Size Width 21
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 $1.74M
$1.68M
Taxes
AVG $10,771
$9,260
Year Built
AVG 1944
1988
Visits
AVG 12
17
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
Meijuan (Minnie) Lin with Momentum Real Estate LLC
Fair Housing Icon NY Fair Housing Notice