320 Bay Ridge Parkway Brooklyn, NY 11209
MULTI_FAMILY - Brooklyn, NY
Property Features for 320 Bay Ridge Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bathrooms
- 7
- Rooms
- Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 7
- Interior features
- A/C Unit, A/C Unit - Wall, Dryer, Laundry Area, Refrigerator, Stove, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 2,592 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6831
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
Listing agent Yuexin Chen (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jul 13, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is zoned R5B and is delivered vacant at closing, allowing the new owner to move in immediately or proceed with rental plans right away.
The home sits on a 0.0428-acre lot and totals 2,592 square feet. A turn-key condition and multi-level configuration make it well-suited for buyers seeking a ready-to-occupy income property.
Key Highlights
- Two‑family home built in 1910 with wood‑frame construction and flat roof
- Renovated interior with tile and hardwood flooring
- Includes multiple laundry and kitchen appliances: washer, dryer, refrigerator, and stove
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.2k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $129.7k | $50.03 |
| − OpEx | −$38.9k | −$15.01 |
| NOI | $90.8k | $35.02 |
