$1,788,000

220 Bay 43rd St Brooklyn, NY 11214

$10,000
Closing credit¹
9 beds
6 full
4,744 sqft
$377 / sqft
Multi-Family

Property details

About 220 Bay 43rd St

This remarkable 3-family home offers an unbeatable chance to invest in one of Brooklyn's most sought-after neighborhoods. What sets this property apart is that tenants pay all utilities, making it an exceptional income-generating asset with low overhead costs for the owner. Designed for both comfort and convenience, each unit features 3 generously sized bedrooms, 2 full bathrooms, and the luxury of in-unit washers and dryers, ensuring tenant satisfaction and premium rental demand. The property features a fully finished basement, ideal for additional storage or recreational use, and an impressive private driveway that accommodates up to 6 cars, a rare find in the area. Perfectly situated, this home is close to everything, shopping, dining, schools, parks, and public transportation are all within easy reach, offering convenience for tenants and value for investors. Whether you're looking to expand your portfolio or secure a steady stream of passive income, this property checks all the boxes. Don't miss out on this rare and lucrative opportunity in Bath Beach!

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingOther
Size4,744 sqft
BasementYes
Year built2000
Parking6+ Spaces, Private Drive
MLS #489363
FireplaceStove, Other

Summary

  • MLS Number: 489363
  • Office Name: Momentum Real Estate LLC

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Last updated on: 2/22/2025, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring brick siding

$1,788,000

220 Bay 43rd St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 03, 2011
Home Sold
$680,000
Mar 12, 2001
Home Sold
$570,500

Tax history

YearAssessmentProperty Tax
2024$185,160$9,922
2023$191,760$9,845
2021$121,200$18,288
2019$101,280$8,665
2018$42,017$7,780
2017$39,639$6,639

History based on county public records data.

Nearby schools

5

P.S. 212 Lady Deborah Moody School

Public District PK-5

0.3 mi

87 Bay 49th St

8

P.S. 101 Verrazano School

Public District KG-5

0.5 mi

8696 24th Ave

6

Hebrew Language Academy Charter School 2

Public Charter KG-4

0.7 mi

1870 Stillwell Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,654. Typical income of Brooklyn, NY residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

62%
<35k
26%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
5%
Single, with Kids
24%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • IKEAIKEA
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • QuiznosQuiznos
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • LexusLexus
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 220 Bay 43rd St in Brooklyn, NY and zip code 11214 in the Bath Beach neighborhood. This 4,744 square foot home was built in 2000. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $1,788,000.

Brooklyn, NY housing market in January 2025 saw over 31 listings sold above listed price, more than 254 sold at listed price and over 154 sold below. The number of homes for sale in Brooklyn, NY decreased by 4.4% between December and January 2025. In January 2025 median list price was $991,265 and the average listing age was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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