Address
474 Bay Ridge Avenue, Brooklyn, NY
Price
$ 999,000
Property Attributes
- MLS#501844
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodBay Ridge
- Zip11220
- StyleMulti-Family
- Year Built1910
- Taxes$ 10258
- Price$ 999,000
- Bedrooms5
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage3042
- Lot Size0.044031 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
OPEN HOUSE BY APPOINTMENTS ONLY. Rare opportunity to own a solid brick 6-family building in the heart of Bay Ridge, just minutes from the neighborhood's vibrant commercial corridor. This income-producing property features 4 vacant apartments, including the front and rear units on both the first and second floors, two tenants occupied on 3rd floor front and rear. Offering exceptional flexibility for investors or owner-occupants. Situated on a 20' x 96' lot with a building size of approximately 20' x 55', this property offers strong upside potential in one of Brooklyn's most desirable neighborhoods. Annual property taxes are approximately $10,385. Conveniently located near shopping, dining, transportation, and local amenities. A rare Bay Ridge investment opportunity not to be missed! PS: Purchaser must provide a substantial down payment in order to qualify for mortgage financing for this purchase.
| Price History | |
|---|---|
| 5/29/2026 | Listed $999,000 |
General Features
| Net Operating Income | 71342.00 |
|---|---|
| Roof | Flat |
| Zoning | R5B |
| Electric | 110 V,220 V,Circuit Breakers |
| Stories Count | 3 |
| Property Type | Residential |
| Block | 5873 |
| Cap Rate | 0.07 |
| Lot Number | 39 |
| Yearly Taxes | 10258.00 |
| Transaction Type | Sale |
| Insurance Expense | 6000.00 |
| Gross Expense | 22258.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 93600 |
| Status | Active |
| Fuel Expense | 3000.00 |
| Total Rooms | 11 |
| Construction Materials | Brick |
| Cumulative Days on Market | 330 |
| MLS Area | Bay Ridge |
| Sub Type | Multi-Family |
| Year Built | 1910 |
| City | Brooklyn |
| Borough | Brooklyn |
| Residential Features | Refrigerator,Stove |
| DOM | 117 |
| Sale Type | Arm's Length |
| # Families | 6 |
| Public Remarks | OPEN HOUSE BY APPOINTMENTS ONLY. Rare opportunity to own a solid brick 6-family building in the heart of Bay Ridge,just minutes from the neighborhood's vibrant commercial corridor. This income-produ |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Flooring | Carpeting,Laminate,Tile |
| Hot Water | Oil |
| Full Baths | 7 |
| Building Amenities | NONE |
| Sq Ft Total | 3042 |
| Basement Amenities | Full,Semi-Finished,Separate Entrance |
| Beds Total | 5 |
| Total Baths | 7.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back,Front |
| Foundation | Poured Concrete |
| Lot Sq Ft | 1918 |
| Building Length | 55.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 95 |
| Lot Size Width | 20 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 11220
Price
Taxes
Year Built
Visits
In The Neighborhood
Brooklyn
$ 1,799,000
- Type
- Multi-Family
- Size
- 2,592 SqFt
- Rooms
- 9 Beds + 7 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 1,499,000
- Type
- Multi-Family
- Size
- 2,256 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 1,699,000
- Type
- Multi-Family
- Size
- 2,988 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Ben Bay Realty Co of Bay Ridge
Brooklyn
$ 1,450,000
- Type
- Multi-Family
- Size
- 4,920 SqFt
- Rooms
- 11 Beds + 6 Baths
Listed by: BHHS Fillmore R.E.
Brooklyn
$ 1,899,999
- Type
- Multi-Family
- Size
- 2,716 SqFt
- Rooms
- 0 Beds + 2 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 1,499,000
- Type
- Multi-Family
- Size
- 2,160 SqFt
- Rooms
- 7 Beds + 3 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 1,300,000
- Type
- Multi-Family
- Size
- 1,648 SqFt
- Rooms
- 7 Beds + 3 Baths
Listed by: Top Choice Realty LLC
Brooklyn
$ 1,725,000
- Type
- Multi-Family
- Size
- 3,160 SqFt
- Rooms
- 7 Beds + 5 Baths
Listed by: Ben Bay Realty Co of Bay Ridge
Brooklyn
$ 1,995,000
- Type
- Multi-Family
- Size
- 3,255 SqFt
- Rooms
- 7 Beds + 3 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 1,120,000
- Type
- Multi-Family
- Size
- 1,080 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 3,698,000
- Type
- Multi-Family
- Size
- 3,318 SqFt
- Rooms
- 7 Beds + 2.5 Baths
Listed by: Century 21 Awaye Realty
Brooklyn
$ 2,588,000
- Type
- Multi-Family
- Size
- 3,250 SqFt
- Rooms
- 6 Beds + 5 Baths
Listed by: Ben Bay Realty Co of Bay Ridge
Brooklyn
$ 1,329,000
- Type
- Multi-Family
- Size
- 2,016 SqFt
- Rooms
- 6 Beds + 1.5 Baths
Listed by: Century 21 Realty First
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