106 Bay 34th Street

New York NY 11214

2796 sq. ft.

5800 sq. ft.

Multi-Family

Last sold for $2,060,000

Delton Cheng, last sold this property on 12 September 2025 after 143 days on market.

Overview

Proudly presenting a rare and outstanding opportunity-a fully detached three-story, two-family home situated on an expansive 60' x 97' lot, complete with a huge private yard and multi-car parking. The spacious layout features a first-floor residence with a formal living room, dining room, eat-in kitchen, full bath, and three bedrooms, plus interior stairs to a large, full basement, perfect for recreation or additional storage. The upper unit is a well-designed four-bedroom duplex occupying the second and third floors, offering a comfortable living room, eat-in kitchen, and full bath. Delivered fully vacant at closing, this property is ideal for both end-users and developers. Zoned R5 and located within an Opportunity Zone with increased FAR, the site offers significant upside with potential for over 12,000 buildable square feet under a 2.0 FAR. Positioned in a prime area just moments from 86th Street shopping, Bay Parkway trains, PS 101, IS 281, and the Belt Parkway, this is a premier investment and development prospect in one of Brooklyn's most accessible neighborhoods.

Features

7 bedrooms

2 bathrooms

2796 sq. ft. floor area

5800 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in New York over the last 12 months, the estimated median property value of 106 Bay 34th Street is $1.72m.

Median value

$1.72m

Estimated value range

$1.25m - $2.23m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.