$1,049,000437 Bay Ridge AvenueBrooklyn, New York, 11220

Primary Features

  • Bathrooms: 6
  • Lot Size Square Feet: 2500 sqft.
  • Property Type: Residential
  • Property Sub Type: Multi Family
  • Year Built: 1931

Other Features

  • Flooring: Hardwood,Laminate,Tile
  • Foundation Details: Stone,Other
  • Heating: Gas
  • Parking Features: None
  • Roof: Flat
  • Utilities: n/a
  • Electric: Circuit Breakers

Location

  • Street Address: 437 Bay Ridge Avenue
  • Neighborhood: Bay Ridge
  • City: Brooklyn
  • State: New York
  • County: Kings (Brooklyn)
  • Postal Code: 11220
  • Zoning: R5B

Pricing & Sale Info

  • List Price: $1,049,000
  • Tax Annual Amount: $19,122
  • MLS#: 500028
  • Last Change Timestamp: May 07, 2026
  • Source MLS: Brooklyn New York MLS

About This Property

437 Bay Ridge Avenue presents a well-maintained, fully occupied six-family building located in the heart of Bay Ridge, Brooklyn. This asset offers stable in-place income with strong upside potential, making it an ideal opportunity for both seasoned investors and end-users seeking long-term appreciation in a highly desirable neighborhood. Positioned in a vibrant, amenity-rich area, the property benefits from strong rental demand driven by accessibility, retail corridors, and public transportation. Gross Income is $103,152; Total Annual Expenses are $37,040; Net Operating Income (NOI) is $66,112. This property is being offered at 6.10% CAP Rate. Seller is motivated to sell, present all offers.