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Two-Unit Duplex Property
For Sale
$2,999,000

6801 Ridge Blvd, Brooklyn, NY 11220

Residential Income, Brooklyn, NY

Property Size3,792 SF
Lot Size0.13 Acres
Price / SF$790.88
Days on Market240

Property Features for 6801 Ridge Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 3
Subdivision Bay Ridge
Standard status Active
Size 3,792 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13110

Utilities

Heating system Steam, Natural Gas

Building Details

Year built 1905
Floors in Building 3
Flooring type Tile, Hardwood
Building materials Vinyl Siding
Roof type Slate
Architectural style Other
Listing Agency: REMAX REAL ESTATE PROFESSIONALS
Listed By: Vito Angelo · License #VITLO524
Added: Feb 10 Changed: Sep 30 Last Checked: Oct 8 at 5:06AM
MLS# 11652322

Copyright © 2026 My State MLS. 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.

This 3,792-square-foot duplex property contains a five-bedroom upper residence arranged over a separate two-bedroom apartment. The lower unit includes a living room, dining area, and eat-in kitchen, while the overall layout also includes three bathrooms. Built in 1905, the building has vinyl siding, a slate roof, hardwood and tile flooring, and natural gas steam heat.

The property occupies 0.1324 acres at 6801 Ridge Blvd in Brooklyn’s Bay Ridge area. Approximately 9,000 buildable square feet is identified for the site, and architectural plans are available upon request. Ridge Boulevard provides a prominent address near transportation, shopping, schools, and neighborhood amenities.

Key Highlights

  • 3,792‑square‑foot duplex property on a 0.1324‑acre lot
  • Five‑bedroom upper duplex over a separate two‑bedroom apartment
  • Lower apartment includes living room, dining area, and eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$112,905
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,100 $2.3M
Cap Rate 7%
$1,612,929 $1.6M
Cap Rate 9%
$1,254,500 $1.3M
Market Conditions
NOI Build-Up for 3,792 SF
Gross rent
$168.4K $44.40/SF
− Vacancy
−$7.1K −$1.86/SF
EGI
$161.3K $42.54/SF
− OpEx
−$48.4K −$12.76/SF
NOI
$112.9K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,100
Cap Rate 7%
$1,612,929
Cap Rate 9%
$1,254,500

Alternative Uses

Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,905 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.69M (±1% cap)
NOI $101,120 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M (±1% cap)
NOI $172,078 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,330
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-bedroom upper residence sits above a separate apartment with living, dining, and eat-in kitchen areas.
Where is this duplex located?
The property is located at 6801 Ridge Blvd Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 3,792‑square‑foot duplex property on a 0.1324‑acre lot; Five‑bedroom upper duplex over a separate two‑bedroom apartment; Lower apartment includes living room, dining area, and eat‑in kitchen
More about this property
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