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21 Bay 14th St 4 Unit Apartment Building For Sale Brooklyn, NY 11214



Executive Summary
Investment Opportunity – 21 Bay 14th Street, Bensonhurst, Brooklyn
Introducing 21 Bay 14th Street, a well-maintained three-story, four-family building in the heart of Bensonhurst, offering an exceptional opportunity for investors and owner-occupants alike.
The property consists of four one-bedroom apartments, with 100% occupied units currently generating approximately $2,000 per month each. The above-grade basement-level apartment is vacant, providing immediate flexibility for a buyer to occupy the unit or lease it to maximize rental income. The vacant apartment features three separate means of egress, enhancing accessibility and functionality.
With a potential gross annual rental income of approximately $96,000 when fully occupied with property taxes $10,832.00, this property offers stable cash flow and long-term investment potential in one of Brooklyn's most established residential neighborhoods.
Conveniently located near shopping, restaurants, schools, parks, and public transportation, this property is ideally positioned to attract quality tenants while offering easy access to everything Bensonhurst has to offer.
Whether you're looking to expand your investment portfolio or purchase a multifamily property with the option for immediate occupancy, 21 Bay 14th Street presents a rare opportunity in today's Brooklyn market.
Introducing 21 Bay 14th Street, a well-maintained three-story, four-family building in the heart of Bensonhurst, offering an exceptional opportunity for investors and owner-occupants alike.
The property consists of four one-bedroom apartments, with 100% occupied units currently generating approximately $2,000 per month each. The above-grade basement-level apartment is vacant, providing immediate flexibility for a buyer to occupy the unit or lease it to maximize rental income. The vacant apartment features three separate means of egress, enhancing accessibility and functionality.
With a potential gross annual rental income of approximately $96,000 when fully occupied with property taxes $10,832.00, this property offers stable cash flow and long-term investment potential in one of Brooklyn's most established residential neighborhoods.
Conveniently located near shopping, restaurants, schools, parks, and public transportation, this property is ideally positioned to attract quality tenants while offering easy access to everything Bensonhurst has to offer.
Whether you're looking to expand your investment portfolio or purchase a multifamily property with the option for immediate occupancy, 21 Bay 14th Street presents a rare opportunity in today's Brooklyn market.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$135,072
|
$56.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$135,072
|
$56.28
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $135,072 |
| Annual Per SF | $56.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $135,072 |
| Annual Per SF | $56.28 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Sale Type | Investment | Lot Size | 0.07 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,400 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1906 |
| Building Class | C | ||
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1906 |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,814 CAD | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $490,045 CAD (2026) | |
| Land Assessment | $128,418 CAD (2026) | Total Assessment | $618,463 CAD (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$128,418 CAD (2026)
Improvements Assessment
$490,045 CAD (2026)
Total Assessment
$618,463 CAD (2026)
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Presented by
Remax/Elite
21 Bay 14th St
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