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437 Bay Ridge Avenue Brooklyn, NY 11220

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For Sale
$1,099,000

MULTI_FAMILY - Brooklyn, NY

Property size:
4,125 SF
Lot size:
0.06 Acres
Added:
Mar 27, 2026
Days on Market:
20
Last Refresh:
Apr 15 at 1:06 am

Property Features for 437 Bay Ridge Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bathrooms
6
Rooms
Bathroom 6, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2
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
Hardwood, Laminate, Tile
Building materials
Brick
Roof type
Flat

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Listing Contact
John Koulouroudis

Listing agent John Koulouroudis

Listing office Ben Bay Realty Co of Bay Ridge 8418 3rd Ave, Brooklyn, NY

Listing date Mar 27, 2026

MLS# 500028 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.


Overview

Brooklyn Multifamily Investment Opportunity

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. It is suitable 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 gross collectible annual income is $102,290, with total annual expenses of $38,040, resulting in a net operating income (NOI) of $64,296. The property is being offered at a 5.85% CAP Rate. The lot size is 0.0574 acres, and the property size is 4,125 square feet. The property is zoned R5B and is located in Kings County (Brooklyn), New York. The property is intended for use as an apartment building, multifamily property, or residential income property.
Property Profile Insight Report 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 Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.022309
Latitude
40.634317

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 $1,099,000.
What are key features of this property?
This property features: Well‑maintained, fully occupied six‑family building in Bay Ridge, Brooklyn.; Stable in‑place income with strong upside potential.; Net Operating Income (NOI) of $64,296.
More about this property
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