Property Attributes
- MLS#503255
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodBay Ridge
- Zip11209
- StyleMulti-Family
- Taxes$ 17546
- Price$ 1,599,000
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage4824
- Lot Size0.061226 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Prime 5-Family Investment Property For Sale! Exceptional investment opportunity in the heart of Bay Ridge. This fully renovated 3-story, 5-family building with a finished basement, sits on a large 26.67x100 lot with a large building size of 26.67x60. All apartments are spacious, and beautifully updated —no renovation needed, completely turn-key and ready for investors. 2-3 UNITS CAN BE DELIVERED VACANT. Separate boilers and hot water heaters; Tenants pay for their own gas, heating, and electricity. The property offers strong existing income with a current cap rate of 6.8% and excellent upside potential to reach 8.1%. Conveniently located just a few minutes’ to Fort Hamilton Parkway, close to all daily necessities including supermarkets, restaurants, and shops. The B70 and B4 buses are located nearby for easy and convenient transportation. A rare chance to own a high-performing, low-maintenance building in one of Brooklyn’s most desirable neighborhoods, ideal for investors seeking stability and long-term returns.
| Price History | |
|---|---|
| 7/23/2026 | Listed $1,599,000 |
General Features
| Roof | Other |
|---|---|
| Zoning | R4-1 |
| Electric | Other |
| Stories Count | 3 |
| Property Type | Residential |
| Block | 5921 |
| Lot Number | 29 |
| Yearly Taxes | 17546.00 |
| Transaction Type | Sale |
| Insurance Expense | 5000.00 |
| Utility Expense | 500.00 |
| Gross Expense | 27046.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Status | Active |
| Fuel Expense | 0.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 297 |
| MLS Area | Bay Ridge |
| Sub Type | Multi-Family |
| City | Brooklyn |
| Borough | Brooklyn |
| Residential Features | Other |
| DOM | 55 |
| Sale Type | Arm's Length |
| # Families | 5 |
| Public Remarks | Prime 5-Family Investment Property For Sale! Exceptional investment opportunity in the heart of Bay Ridge. This fully renovated 3-story,5-family building with a finished basement,sits on a large 26.6 |
Interior Features
| Heating Fuel | Other |
|---|---|
| Flooring | Tile |
| Hot Water | Hot Water Coil in Boiler |
| Full Baths | 5 |
| Half Baths | 1 |
| Unit Count | 5 |
| Building Amenities | NONE |
| Sq Ft Total | 4824 |
| AC Units | 5+ |
| Basement Amenities | Finished,Full |
| Beds Total | 9 |
| Total Baths | 6.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back |
| Foundation | Other |
| Lot Sq Ft | 2667 |
| Building Length | 60.00 |
| Building Width | 26.67 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 27 |
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
In The Neighborhood
Brooklyn
$ 1,799,000
- Type
- Multi-Family
- Size
- 2,592 SqFt
- Rooms
- 9 Beds + 7 Baths
Brooklyn
$ 1,499,000
- Type
- Multi-Family
- Size
- 2,256 SqFt
- Rooms
- 5 Beds + 3 Baths
Brooklyn
$ 1,699,000
- Type
- Multi-Family
- Size
- 2,988 SqFt
- Rooms
- 5 Beds + 3 Baths
Brooklyn
$ 1,450,000
- Type
- Multi-Family
- Size
- 4,920 SqFt
- Rooms
- 11 Beds + 6 Baths
Brooklyn
$ 1,899,999
- Type
- Multi-Family
- Size
- 2,716 SqFt
- Rooms
- 0 Beds + 2 Baths
Brooklyn
$ 1,499,000
- Type
- Multi-Family
- Size
- 2,160 SqFt
- Rooms
- 7 Beds + 3 Baths
Brooklyn
$ 1,300,000
- Type
- Multi-Family
- Size
- 1,648 SqFt
- Rooms
- 7 Beds + 3 Baths
Brooklyn
$ 1,725,000
- Type
- Multi-Family
- Size
- 3,160 SqFt
- Rooms
- 7 Beds + 5 Baths
Brooklyn
$ 1,995,000
- Type
- Multi-Family
- Size
- 3,255 SqFt
- Rooms
- 7 Beds + 3 Baths
Brooklyn
$ 1,120,000
- Type
- Multi-Family
- Size
- 1,080 SqFt
- Rooms
- 4 Beds + 2 Baths
Brooklyn
$ 3,698,000
- Type
- Multi-Family
- Size
- 3,318 SqFt
- Rooms
- 7 Beds + 2.5 Baths
Brooklyn
$ 2,588,000
- Type
- Multi-Family
- Size
- 3,250 SqFt
- Rooms
- 6 Beds + 5 Baths
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