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Bay Ridge Six-Family Investment Property
For Sale
$1,199,000

555 80th Street, Brooklyn, NY 11209

Six-family property in vibrant Bay Ridge neighborhood with income potential.

Property Size5,760 SF
Lot Size0.06 Acres
Price / SF$208.16
Days on Market158

Property Features for 555 80th Street

General Information

Standard status Active
Size 5,760 SF
Lot size 0.06 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $24,708

Building Details

Building Size 5,760 SF
Year Built 1931
Listing Agency: Compass
Listed By: Haritini Pandis
Source: Miradorrealestate
Added: Apr 6 Changed: Sep 3 Last Checked: Sep 10 at 5:50AM

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 Compass

Investment Insights

Based on property information with market context.

This six-family property is located in Bay Ridge, Brooklyn. The building spans approximately 5,160 square feet on a 24' x 100' lot. The property currently generates over $110,000 in annual rental income. It is positioned near local shops, dining, parks, and transportation. The location has a walk score of 96, a bike score of 81, and a transit score of 91.

Key Highlights

  • Prime Bay Ridge location, one of Brooklyn's most desirable neighborhoods.
  • Strong, consistent cash flow with over $110,000 in annual rental income.
  • Significant upside potential for increased income.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Real Estate Agency Hotel & Motel Nursing Home Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,240
Businesses Nearby

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-family property in vibrant Bay Ridge neighborhood with income potential.
Where is this apartment building located?
The property is located at 555 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime Bay Ridge location, one of Brooklyn's most desirable neighborhoods.; Strong, consistent cash flow with over $110,000 in annual rental income.; Significant upside potential for increased income.
More about this property
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