Address
516 72nd Street, Brooklyn, NY
Price
$ 1,999,000
Property Attributes
- MLS#502783
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodBay Ridge
- Zip11209
- StyleMulti-Family
- Year Built1905
- Taxes$ 11940
- Price$ 1,999,000
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3420
- Lot Size0.068871 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Rare-find semi-detached 4-family brick building with a finished full basement, private driveway, built-in garage, and mixed zoning (C1-3 & R6B) in the heart of Bay Ridge. The mixed zoning offers excellent flexibility with the potential to convert the building, in whole or in part, to commercial use (subject to architect review and NYC approvals). The 1st-floor duplex offers 2 bedrooms, 2 full bathrooms, plus a finished basement that can provide extra space. The 2nd floor features a spacious 3-bedroom apartment, while the 3rd floor offers 2 one-bedroom apartments. Each unit includes a separate living room, dining room, and kitchen. Situated on an oversized 30×100 ft lot with a 20×55 ft building, this property also features a 10-foot private driveway, built-in garage, and a spacious side yard and backyard. Conveniently located just minutes from the R train, shopping, restaurants, schools, parks, and the Verrazzano-Narrows Bridge. An outstanding opportunity for investors, developers, or owner-occupants seeking strong rental income, future commercial potential, and long-term appreciation in one of Bay Ridge's most desirable neighborhoods. Won't Last!
| Price History | |
|---|---|
| 7/6/2026 | Listed $1,999,000 |
General Features
| Net Operating Income | 111900.00 |
|---|---|
| Roof | Flat |
| Zoning | C1-3/R6B |
| Electric | 110 V,220 V,Circuit Breakers |
| Stories Count | 3 |
| Property Type | Residential |
| Block | 5910 |
| Cap Rate | 0.06 |
| Lot Number | 12 |
| Yearly Taxes | 11940.00 |
| Transaction Type | Sale |
| Insurance Expense | 2500.00 |
| Utility Expense | 0.00 |
| Gross Expense | 10500.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Semi-Detached |
| Gross Income | 122400 |
| Status | Active |
| Fuel Expense | 5000.00 |
| Total Rooms | 15 |
| Construction Materials | Brick |
| Cumulative Days on Market | 73 |
| MLS Area | Bay Ridge |
| Sub Type | Multi-Family |
| Year Built | 1905 |
| City | Brooklyn |
| Borough | Brooklyn |
| Residential Features | Refrigerator,Stove |
| DOM | 73 |
| Sale Type | Arm's Length |
| # Families | 4 |
| Public Remarks | Rare-find semi-detached 4-family brick building with a finished full basement,private driveway,built-in garage,and mixed zoning (C1-3 & R6B) in the heart of Bay Ridge. The mixed zoning offers excelle |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Full Baths | 5 |
| Building Amenities | NONE |
| Sq Ft Total | 3420 |
| Basement Amenities | Finished,Full,Separate Entrance |
| Beds Total | 7 |
| Total Baths | 5.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back,Front,Side |
| Foundation | Poured Concrete |
| Lot Sq Ft | 3000 |
| Building Length | 55.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 30 |
| Parking Attrib | 2 Spaces,Attached Garage |
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 11209
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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