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Six-Family Walk-Up Apartment Building
For Sale
$1,198,888
Pending

6803 Owls Head Ct, Brooklyn, NY 11220

Professionally managed six-family walk-up in Bay Ridge with a balanced one- and two-bedroom unit mix.

Property Size4,260 SF
Days on Market49

Property Features for 6803 Owls Head Ct

General Information

Standard status Pending
Size 4,260 SF
Property subtype Multi Family

Financials

Cap Rate 6.5%
Business Included Yes

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $20,820

Building Details

Building Size 4,260 SF
Year Built 1931
Stories 3
Tenancy Multi
Listing Agency: RE/MAX Real Estate Professionals
Listed By: Alan S. Ng · License #10301207524
Source: Elliman
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 10 at 8:13AM

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 RE/MAX Real Estate Professionals

Investment Insights

Based on property information with market context.

This well-maintained six-family walk-up building is professionally managed and kept up with consistent ownership oversight. The property’s current unit mix includes four one-bedroom apartments and two two-bedroom apartments, supporting a broad range of tenant needs. As presented, the building generates approximately $120,000 in annual income and has benefited from ongoing maintenance.

Located in Bay Ridge on a quiet residential court, the building is positioned near Owls Head Park. The remarks also note that the pier with ferry service to Manhattan is minutes away, with convenient access to shopping, dining, public transportation, parks, schools, and major thoroughfares.

For buyers seeking a stable, well-cared-for multifamily asset, this configuration offers straightforward income diversification between one- and two-bedroom units. The walk-up format and maintained condition may appeal to operators looking for a manageable property with a professionally managed operating profile. Call for the detailed income and expense information.

Key Highlights

  • Six‑family walk‑up building built in 1931 in Brooklyn’s Bay Ridge neighborhood
  • Unit mix: four 1‑bedroom apartments and two 2‑bedroom apartments
  • Approximately $120,000 annual income reported in the listing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Gym & Fitness Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,341
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Professionally managed six-family walk-up in Bay Ridge with a balanced one- and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 6803 Owls Head Ct Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,198,888.
What are key features of this property?
This property features: Six‑family walk‑up building built in 1931 in Brooklyn’s Bay Ridge neighborhood; Unit mix: four 1‑bedroom apartments and two 2‑bedroom apartments; Approximately $120,000 annual income reported in the listing
More about this property
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