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

324 Bay Ridge Avenue, Brooklyn, NY 11220

MULTI_FAMILY - Brooklyn, NY

Property Size4,440 SF
Lot Size0.05 Acres
Price / SF$269.14
Days on Market668

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 Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 8, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 10, Bathroom 6, Bedroom 6, Bedroom 12, Bedroom 11, Bedroom 9
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, Hardwood, Ceramic
Building materials Brick
Roof type Rubber, Flat
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Vito Angelo · License #40AN0957928
Added: Oct 15, 2024 Changed: Aug 5 Last Checked: Aug 13 at 10:06PM
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 solid brick six-unit apartment building offers a consistent unit layout throughout, with each unit featuring four rooms and two bedrooms. Interior features include a refrigerator and stove. Flooring includes hardwood, tile, and ceramic, and the roof is a flat roof system with rubber materials.

The property is set on a 0.0456-acre lot and totals 4,440 square feet. Constructed in 1931, the building is zoned R5B.

With its multiple residential units within a single solid-brick structure, the property is suited for buyers looking for a small multifamily asset in Brooklyn.

Key Highlights

  • Three‑story solid brick six‑unit apartment building
  • Each unit offers four rooms with two bedrooms
  • Lot size: 0.0456 acres

Property Analytics

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

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 - Three-story six-unit brick building with two-bedroom, four-room layouts, R5B zoning, and in-unit refrigerator and stove.
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: Three‑story solid brick six‑unit apartment building; Each unit offers four rooms with two bedrooms; Lot size: 0.0456 acres
More about this property
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