Address
652 73rd Street, Brooklyn, NY
Price
$ 1,599,000
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

Price
AVG $1.87M
$1.6M
Taxes
AVG $17,600
$17,546
Visits
AVG 92
35
Data Provided by Inside Real Estate®
Fair Housing Icon NY Fair Housing Notice