Five-Family Brick Apartment
For Sale
$1,899,000
1456 Bay Ridge Avenue, Brooklyn, NY 11219
Residential, Brooklyn, NY
Property Size4,680 SF
Lot Size0.05 Acres
Price / SF$405.77
Days on Market1430
Property Features for 1456 Bay Ridge Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
9
Bathrooms
5
Full bathrooms
5
Half bathrooms
1
Rooms
Bedroom 7, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 2
Interior features
Dishwasher, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Dyker Heights
Standard status
Active
Size
4,680 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
14978
Building Details
Year built
1909
Floors in Building
3
Number of units
5
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Added: Nov 10, 2022
Changed: Oct 10
Last Checked: Oct 10 at 5:06PM
MLS# 468968
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.
Investment Insights
Based on property information with market context.
This three-story brick multifamily building contains five residential units within 4,680 square feet. The property includes a renovated three-bedroom, one-bath owner’s residence with direct access to a private backyard, plus four rental apartments comprising two one-bedroom units and two two-bedroom units. The rental apartments are occupied on a month-to-month basis. A semi-finished basement offers a separate entrance and additional functional space.
Built in 1909, the building sits on a 20-by-100-foot lot and carries R5 zoning. Hardwood flooring, a dishwasher, refrigerator, stove, and asphalt roofing are among the reported property features. The D train is one block away, with shopping and other neighborhood services nearby. The property is located at 1456 Bay Ridge Avenue in Brooklyn, NY 11219.
Built in 1909, the building sits on a 20-by-100-foot lot and carries R5 zoning. Hardwood flooring, a dishwasher, refrigerator, stove, and asphalt roofing are among the reported property features. The D train is one block away, with shopping and other neighborhood services nearby. The property is located at 1456 Bay Ridge Avenue in Brooklyn, NY 11219.
Key Highlights
- Five‑family, three‑story brick apartment building
- 4,680‑square‑foot building on a 20‑by‑100‑foot lot
- Unit mix includes one 3‑bedroom owner’s unit, two 1‑bedroom units, and two 2‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,322
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,426,440
$2.4M
Cap Rate 7%
$1,733,171
$1.7M
Cap Rate 9%
$1,348,022
$1.3M
Market Conditions
NOI Build-Up for 4,680 SF
Gross rent
$230.3K $49.20/SF
− Vacancy
−$9.7K −$2.07/SF
EGI
$220.6K $47.13/SF
− OpEx
−$99.3K −$21.21/SF
NOI
$121.3K $25.92/SF
Area
ZIP 11219
Vacancy
4.20%
Lease Rate
$49.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,426,440
Cap Rate 7%
$1,733,171
Cap Rate 9%
$1,348,022
Alternative Uses
Best Use
Apartment 5plus
$1.73M
$1.52M – $2.02M
NOI $121,322 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,375 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily property with renovated owner’s residence, flexible tenant occupancy, and private outdoor space.
Where is this apartment building located?
The property is located at 1456 Bay Ridge Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Five‑family, three‑story brick apartment building; 4,680‑square‑foot building on a 20‑by‑100‑foot lot; Unit mix includes one 3‑bedroom owner’s unit, two 1‑bedroom units, and two 2‑bedroom units
