Six-Family Apartment
For Sale
Contact for pricing
437 Bay Ridge Ave, Brooklyn, NY 11220
Fully occupied multifamily property near retail corridors and public transportation in Brooklyn.
Property Size4,125 SF
Price / SF$254.30
Days on Market164
Property Features for 437 Bay Ridge Ave
General Information
Standard status
Active
Size
4,125 SF
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$64,296
Financials
Cap Rate
5.85%
Gross Income
$102,290
Additional Details
Multifamily Units
6
Building Details
Year Built
1931
Buildings
1
Units
6
Listing Agency:
Ben Bay Realty - Bay Ridge
Listed By:
John Koulouroudis · License #10401391218
Source:
Crexi
Added: Mar 30
Changed: Sep 3
Last Checked: Sep 8 at 7:38AM
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 Ben Bay Realty - Bay Ridge
Investment Insights
Based on property information with market context.
This six-family apartment building contains 4,125 square feet and was constructed in 1931. The property is fully occupied, providing an established multifamily configuration for continued residential use.
Located at 437 Bay Ridge Ave in Brooklyn, the building is positioned in Bay Ridge near retail corridors and public transportation. The surrounding area is described as amenity-rich, with accessibility supporting rental demand.
The offering reflects a 5.85% cap rate and may suit buyers seeking an occupied apartment asset with six residential units.
Located at 437 Bay Ridge Ave in Brooklyn, the building is positioned in Bay Ridge near retail corridors and public transportation. The surrounding area is described as amenity-rich, with accessibility supporting rental demand.
The offering reflects a 5.85% cap rate and may suit buyers seeking an occupied apartment asset with six residential units.
Key Highlights
- Six‑family apartment building with 4,125 square feet
- Fully occupied residential income property
- 5.85% cap rate
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5,279
Businesses Nearby
Explore this area
Business Placement
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
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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 - Fully occupied multifamily property near retail corridors and public transportation in Brooklyn.
Where is this apartment building located?
The property is located at 437 Bay Ridge Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Six‑family apartment building with 4,125 square feet; Fully occupied residential income property; 5.85% cap rate
