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1644 Bath Ave 4,824 SF 100% Leased Retail Building Brooklyn, NY 11214 $2,198,888 ($455.82/SF) 6.04% Cap Rate
Investment Highlights
- Lots of natural light
- Corner Property
- 4 garages
Executive Summary
are Mixed-Use Corner Property – 2 Family + Store + 4 Garages | Bath Beach, Brooklyn
Fantastic investment or live/work opportunity! This corner mixed-use property features 2 residential apartments over a ground-floor store, plus 4 private garages—a rare find in Brooklyn.
Located in the heart of Bath Beach, near Dyker Heights and Dyker Beach Golf Course, the property offers excellent visibility for the storefront and strong rental potential from the residential units and garages. Close to shopping, restaurants, transportation, and major highways with convenient access to Manhattan.
Perfect for investors, end-users, or business owners seeking multiple income streams in a prime Brooklyn location.
Great opportunity – properties like this rarely hit the market!
Fantastic investment or live/work opportunity! This corner mixed-use property features 2 residential apartments over a ground-floor store, plus 4 private garages—a rare find in Brooklyn.
Located in the heart of Bath Beach, near Dyker Heights and Dyker Beach Golf Course, the property offers excellent visibility for the storefront and strong rental potential from the residential units and garages. Close to shopping, restaurants, transportation, and major highways with convenient access to Manhattan.
Perfect for investors, end-users, or business owners seeking multiple income streams in a prime Brooklyn location.
Great opportunity – properties like this rarely hit the market!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,824 SF
Building Class
C
Year Built
1910
Price
$2,198,888
Price Per SF
$455.82
Cap Rate
6.04%
NOI
$132,813
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.06 AC
Zoning
R4
Frontage
25’ on Bath Ave
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06431-0046 | Total Assessment | $139,440 (2025) |
| Land Assessment | $14,700 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $124,740 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
06431-0046
Land Assessment
$14,700 (2025)
Improvements Assessment
$124,740 (2025)
Total Assessment
$139,440 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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1644 Bath Ave
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