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    Brooklyn Multifamily Investment Opportunity Title is generated by Realmo AI

    437 Bay Ridge Avenue, Brooklyn, NY 11220

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    Claim this Listing
    For Sale
    $1,049,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    4,125 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $254/SF
    Added:
    Mar 27, 2026
    Days on Market:
    97
    Last Refresh:
    Jul 1 at 9:06 pm

    Property Features for 437 Bay Ridge Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5B
    Bathrooms
    6
    Rooms
    Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 6, Bathroom 4
    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
    Laminate, Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Contact an agent
    John Koulouroudis

    Listing agent John Koulouroudis

    Listing office Ben Bay Realty Co of Bay Ridge 8418 3rd Ave, Brooklyn, NY

    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

    • Fully occupied six‑family building at 437 Bay Ridge Avenue, Brooklyn, generating gross income of $103,152.
    • Annual expenses total $37,040 for NOI of $66,112; listed at a 6.10% cap rate.
    • Built in 1931 with brick construction and a flat roof.
    • Interior features include refrigerator and stove; flooring includes laminate, hardwood, and tile.

    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 Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.022309
    Latitude
    40.634317

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    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: Fully occupied six‑family building at 437 Bay Ridge Avenue, Brooklyn, generating gross income of $103,152.; Annual expenses total $37,040 for NOI of $66,112; listed at a 6.10% cap rate.; Built in 1931 with brick construction and a flat roof.
    (718) 680-6442
    We can help!
    Contact an agent
    John Koulouroudis
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