Six-Family Apartment
For Sale
Contact for pricing
540 Ovington Avenue, Brooklyn, NY 11209
Bay Ridge multifamily property with one vacant residence, a private garage, and recent building upgrades.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market143
Property Features for 540 Ovington Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Lot size
0.07 Acres
Property subtype
Mixed Use
Zoning
R5B
Units
Unit Mix
5 x 2BR, 1 x 1BR
Multifamily Units
6
Additional Details
Road Access
Yes
Amenities
marble staircase
security camera system
Building Details
Year Built
1931
Buildings
1
Listing Agency:
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES INC
Listed By:
Bryan Ellis · License #NY 10401376287
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 2:42AM
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 MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES INC
Investment Insights
Based on property information with market context.
This 1931 apartment building contains six residences: five two-bedroom apartments and one one-bedroom apartment. One two-bedroom unit is vacant and has been refurbished. The building measures 20 feet wide by 85 feet deep on an R5B-zoned lot extending 152.42 feet. A marble staircase, security camera system, upgraded parapet, improved rear Thorosealing, and recently scraped and painted fire escapes are among the property improvements.
The building is located at 540 Ovington Avenue in Brooklyn’s Bay Ridge neighborhood, between 5th and 6th Avenues. A private two-car garage is included, with at least one additional outdoor parking spot positioned behind the building. The six apartments are subject to preferential rents. The property also has no 311 complaints on record and no DOB violations.
The building is located at 540 Ovington Avenue in Brooklyn’s Bay Ridge neighborhood, between 5th and 6th Avenues. A private two-car garage is included, with at least one additional outdoor parking spot positioned behind the building. The six apartments are subject to preferential rents. The property also has no 311 complaints on record and no DOB violations.
Key Highlights
- Six‑family building with five two‑bedroom apartments and one one‑bedroom apartment
- One vacant two‑bedroom apartment has been refurbished
- 20 feet wide by 85 feet deep on a 152.42‑foot lot
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,069
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Bay Ridge multifamily property with one vacant residence, a private garage, and recent building upgrades.
Where is this apartment building located?
The property is located at 540 Ovington Avenue Brooklyn, NY.
What are key features of this property?
This property features: Six‑family building with five two‑bedroom apartments and one one‑bedroom apartment; One vacant two‑bedroom apartment has been refurbished; 20 feet wide by 85 feet deep on a 152.42‑foot lot
