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Six-Unit Brick Apartment Building
For Sale
$1,195,000

324 Bay Ridge Avenue, Brooklyn, NY 11220

Residential, Brooklyn, NY

Property Size4,440 SF
Lot Size0.05 Acres
Price / SF$269.14
Days on Market722

Property Features for 324 Bay Ridge Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5B
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 9, Bathroom 6, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 8, Bedroom 11, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 12, Bedroom 10, Bathroom 1, Bathroom 5
Interior features Refrigerator, Stove
Basement Finished
Subdivision Bay Ridge
Standard status Active
Size 4,440 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 19819

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Flooring type Tile, Ceramic, Hardwood
Building materials Brick
Roof type Flat, Rubber
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Vito Angelo · License #VITLO524
Added: Oct 15, 2024 Changed: Sep 17 Last Checked: Oct 6 at 7:06PM
MLS# 486634

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 apartment building contains six residential units, each arranged as a four-room, two-bedroom layout. The 4,440-square-foot property was built in 1931 with solid brick construction, flat rubber roofing, and a mix of ceramic, tile, and hardwood flooring. Interior features include refrigerators and stoves.

The property occupies 0.0456 acres at 324 Bay Ridge Avenue in Brooklyn. It is located near public transportation, public schools, supermarkets, shopping, and restaurants. The property is zoned R5B.

Key Highlights

  • Six‑unit, three‑story apartment building
  • 4,440 square feet on 0.0456 acres
  • Each unit offers four rooms and 2 bedrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,238
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Six residential units feature two-bedroom layouts with ceramic, tile, and hardwood flooring.
Where is this apartment building located?
The property is located at 324 Bay Ridge Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Six‑unit, three‑story apartment building; 4,440 square feet on 0.0456 acres; Each unit offers four rooms and 2 bedrooms
More about this property
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