1262 Bay Ridge Avenue, Brooklyn, NY 11219
MULTI_FAMILY - Brooklyn, NY
- Added:
- Mar 31, 2026
- Days on Market:
- 67
- Last Refresh:
- Jun 5 at 10:06 am
Property Features for 1262 Bay Ridge Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2
- Interior features
- Dishwasher, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,876 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10864
Building Details
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
Listing agent Michelle J. Zhang (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Mar 31, 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.
HighLights
- Solid brick semi‑detached three‑family home with full double‑brick structure.
- Building size 19 x 68 on a 23.5 x 100 lot with hardwood and tile flooring.
- Three‑family layout: first‑floor 3‑bedroom unit with separate living room and dining area.
- Second floor offers a 1‑bedroom unit with eat‑in kitchen.
- Rear unit includes an additional 1‑bedroom apartment for extended family or rental use.
- Private outdoor space with a large patio plus multiple parking spaces, including rear parking.
Overview
Located in Brooklyn’s Dyker Heights area, the home is described as being just minutes from the 13th Avenue and 8th Avenue shopping corridors. Access to public transportation is supported by proximity to the D train subway line and multiple bus routes. The surrounding area is noted for schools and community amenities.
For buyers seeking a residential income property, this configuration offers three distinct units within one building and a patio for shared outdoor value. The property also includes multiple parking options, including rear parking and additional room to accommodate several vehicles, which can be especially helpful for tenants or owner-occupants who rely on off-street parking.
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 | $167.4k | $43.20 |
| − Vacancy | −$7.5k | −$1.94 |
| EGI | $159.9k | $41.26 |
| − OpEx | −$48.0k | −$12.38 |
| NOI | $111.9k | $28.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0047
- Latitude
- 40.623911
