Bay Ridge 6-Family
411 88th St Brooklyn, NY 11209
For Sale
$1,299,000
Pending
Six-unit building in desirable Bay Ridge neighborhood with income potential.
Lot Size0.06 Acres
Days on Market239
Property Features for 411 88th St
General Information
- Standard status
- Pending
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1917
Listing Agency:
Keller Williams Realty Empire
(718) 954-8400
Listed By:
Firas Toum
(718) 954-8400
Source:
Elliman
Added: Nov 27, 2025
Changed: Jul 6
Last Checked: Jul 23 at 11:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Empire
Investment Insights
Based on property information with market context.
Located in Bay Ridge, Brooklyn, this 6-family property offers an investment opportunity. The building, spanning approximately 5,250 square feet, is situated on a 25' x 120' lot. It currently generates an annual rental income of over $129,000. The property features five 2-bedroom, 1-bath apartments, along with a 1-bedroom unit on the first floor that includes private backyard access. Apartment 3F will be vacant at closing and can be leased at the legal rate of $2,356, boosting annual income to $135,000 after two-year lease renewals.
Key Highlights
- Excellent investment opportunity in Bay Ridge with a strong 7% return on investment after leasing vacant unit.
- Annual rental income of over $129,000, with potential to increase to $135,000.
- Six‑family building with five 2‑bedroom, 1‑bath apartments.
Property Analytics
Property Profile
Location Intelligence
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Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit building in desirable Bay Ridge neighborhood with income potential.
Where is this apartment building located?
The property is located at 411 88th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Excellent investment opportunity in Bay Ridge with a strong 7% return on investment after leasing vacant unit.; Annual rental income of over $129,000, with potential to increase to $135,000.; Six‑family building with five 2‑bedroom, 1‑bath apartments.