Six-Family Apartment
For Sale
$1,049,000
437 Bay Ridge Avenue, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size4,125 SF
Lot Size0.06 Acres
Price / SF$254.30
Days on Market149
Property Features for 437 Bay Ridge Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Bay Ridge
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, Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
Listed By:
John Koulouroudis · License #JAK0147
(718) 680-6442
Added: Mar 27
Changed: Aug 3
Last Checked: Aug 22 at 3:06PM
MLS# 500028
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.
437 Bay Ridge Avenue is a well-maintained, fully occupied six-family apartment building. The property has a brick exterior and a flat roof. Interior finishes include laminate, hardwood, and tile flooring, with a refrigerator and stove listed among the interior features. The home was built in 1931.
Set on a 0.0574-acre lot, the building totals 4,125 square feet. It is positioned in Bay Ridge with accessibility to retail corridors and public transportation, supporting strong rental demand.
This offering presents a stabilized income profile with a stated 6.10% cap rate. The seller is offering the property for sale and requests that all offers be presented.
Set on a 0.0574-acre lot, the building totals 4,125 square feet. It is positioned in Bay Ridge with accessibility to retail corridors and public transportation, supporting strong rental demand.
This offering presents a stabilized income profile with a stated 6.10% cap rate. The seller is offering the property for sale and requests that all offers be presented.
Key Highlights
- Fully occupied six‑family apartment building
- 6.10% cap rate
- 0.0574‑acre lot and 4,125 SF building size
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R5B-zoned six-family apartment building with a brick exterior and flat roof, fully occupied in Bay Ridge.
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 apartment building; 6.10% cap rate; 0.0574‑acre lot and 4,125 SF building size
