Brooklyn Multifamily Investment
437 Bay Ridge Avenue Brooklyn, NY 11220
437 Bay Ridge Avenue, Brooklyn, NY, 11220
$1,049,000
For Sale
$1,049,000
MULTI_FAMILY - Brooklyn, NY
Property Size4,125 SF
Lot Size0.06 Acres
Price / SF$254.30
Days on Market113
Property Features for 437 Bay Ridge Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 4
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 4,125 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19122
Building Details
- Year built
- 1931
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Tile, Hardwood, Laminate
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
8418 3rd Ave, Brooklyn, NY
Listed by
John Koulouroudis
(718) 680-6442
Added: Mar 27 Checked: Jul 17 at 4:06 pm
MLS# 500028
Listing URL
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Investment Insights
Based on property information with market context.
Located in the heart of Bay Ridge, Brooklyn, 437 Bay Ridge Avenue is a well-maintained, fully occupied six-family building. The property offers stable in-place income with strong upside potential, making it an ideal opportunity for both seasoned investors and end-users seeking long-term appreciation in a highly desirable neighborhood. The property benefits from strong rental demand due to its accessibility, retail corridors, and public transportation. The lot size is 0.0574 acres. The property size is 4125 square feet. The gross income is $103,152, with total annual expenses of $37,040, resulting in a net operating income (NOI) of $66,112. The property is being offered at a 6.10% CAP Rate. The zoning is R5B.
Key Highlights
- Fully occupied six‑family building at 437 Bay Ridge Avenue, Brooklyn
- Gross income of $103,152 with total annual expenses of $37,040 (NOI $66,112)
- Offered with a 6.10% cap rate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Well-maintained, fully occupied six-family building in Bay Ridge, Brooklyn.
Where is this apartment building located?
The property is located at 437 Bay Ridge Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Fully occupied six‑family building at 437 Bay Ridge Avenue, Brooklyn; Gross income of $103,152 with total annual expenses of $37,040 (NOI $66,112); Offered with a 6.10% cap rate
