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    Bay Ridge Multifamily Investment Opportunity Title is generated by Realmo AI

    328 91st Street, Brooklyn, NY 11209

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    Claim this Listing
    For Sale
    $2,168,888

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    5,625 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $385/SF
    Added:
    Nov 6, 2025
    Days on Market:
    215
    Last Refresh:
    Jun 9 at 1:06 am

    Property Features for 328 91st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5B
    Bedrooms
    12
    Bathrooms
    7
    Rooms
    Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 10, Bedroom 2, Bathroom 5, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 1
    Interior features
    A/C Unit, Dishwasher, Refrigerator, Stove
    Basement
    Finished
    Standard status
    Active
    Size
    5,625 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    23397

    Building Details

    Floors in Building
    3
    Number of units
    6
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    Stephanie X. Zhang

    Listing agent Stephanie X. Zhang

    Listing office DiTommaso Real Estate 113 New Dorp Plaza, Staten Island, NY

    Listing date Nov 6, 2025

    MLS# 497180 Listing URL

    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.

    HighLights

    • 6‑family brick building in Bay Ridge
    • 2 apartments on each floor; each unit has 2 bedrooms and 1 full bathroom
    • Separate kitchens and sun‑filled units with high ceilings
    • Hardwood flooring throughout
    • Finished basement included
    • In‑unit A/C plus appliances including dishwasher, refrigerator, and stove

    Overview

    This six-family building, located in Bay Ridge, presents a great investment opportunity. The building features two apartments on each floor. Each apartment includes two generously sized bedrooms, one full bathroom, and a separate kitchen. The sun-filled units have high ceilings and hardwood floors throughout, and all apartments are in good condition. The property also includes a finished basement. The building is conveniently located with easy access to public transportation, including the R train just a few minutes away. A Food Town supermarket is located on the corner, and restaurants, shops, and cafes are available on Third Avenue. The lot size is 0.0661 acres and the property size is 5625 square feet. The zoning is R5B.

    Local Financial Insights For Apartment 5plus

    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 $318.6k $56.64
    − Vacancy −$6.4k −$1.13
    EGI $312.2k $55.51
    − OpEx −$140.5k −$24.98
    NOI $171.7k $30.53
    5,625 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.45M
    $2.15M – $2.86M (±1% cap)
    NOI $171,725 @ 7.0% cap · market cap 7.92%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $4.66M
    $4.08M – $5.43M (±1% cap)
    NOI $326,025 @ 7.0% cap · market cap 15.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.031685
    Latitude
    40.619781

    FAQs

    What type of property is this?
    Apartment building - Six-family building in Bay Ridge with finished basement and great location.
    Where is this apartment building located?
    The property is located at 328 91st Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,168,888.
    What are key features of this property?
    This property features: 6‑family brick building in Bay Ridge; 2 apartments on each floor; each unit has 2 bedrooms and 1 full bathroom; Separate kitchens and sun‑filled units with high ceilings
    More about this property
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