Brooklyn Multifamily Investment
437 Bay Ridge Avenue, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property size:
4,125 SFLot size:
0.06 AcresPrice / SF:
$254/SF- Added:
- Mar 27, 2026
- Days on Market:
- 57
- Last Refresh:
- May 22 at 12:06 pm
Property Features for 437 Bay Ridge Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 4,125 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19122
Building Details
- Year built
- 1931
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Tile, Laminate, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent John Koulouroudis (718) 680-6442
Listing office Ben Bay Realty Co of Bay Ridge 8418 3rd Ave, Brooklyn, NY (718) 238-6080
Listing date Mar 27, 2026
MLS# 500028
Listing URL
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.
HighLights
- Well‑maintained, fully occupied six‑family building.
- Strong upside potential for increased income.
- Located in the heart of Bay Ridge, Brooklyn, a highly desirable neighborhood.
- Stable in‑place income with a Net Operating Income (NOI) of $66,112.
- Offered at a 6.10% CAP Rate.
- Proximity to accessibility, retail corridors, and public transportation.
Overview
Located in the heart of Bay Ridge, Brooklyn, 437 Bay Ridge Avenue is a well-maintained, fully occupied six-family building. The property offers stable in-place income with strong upside potential, making it an ideal opportunity for both seasoned investors and end-users seeking long-term appreciation in a highly desirable neighborhood. The property benefits from strong rental demand due to its accessibility, retail corridors, and public transportation. The lot size is 0.0574 acres. The property size is 4125 square feet. The gross income is $103,152, with total annual expenses of $37,040, resulting in a net operating income (NOI) of $66,112. The property is being offered at a 6.10% CAP Rate. The zoning is R5B.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.022309
- Latitude
- 40.634317
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained, fully occupied six-family building in Bay Ridge, Brooklyn.
Where is this apartment building located?
The property is located at 437 Bay Ridge Avenue 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: Well‑maintained, fully occupied six‑family building.; Strong upside potential for increased income.; Located in the heart of Bay Ridge, Brooklyn, a highly desirable neighborhood.
