411 88th Street
Bay Ridge | 4th Ave & 5th Ave
Ownership
Multi-Family
Lot Size
25'x120'
Status
Contract Signed
Real Estate Taxes
[Per Annum]
$ 21,400
Building Size
25'x70'
Year Built
1917
ASF/ASM
5,250/488
Property Description
Welcome to this exceptional 6-family property in Bay Ridge, one of Brooklyn’s most vibrant and desirable neighborhoods. This remarkable building spans approximately 5,250 square feet and sits on a generous 25' x 120' lot, offering an excellent opportunity for both homeowners and investors alike. With an annual rental income of over $130,000, this property promises solid returns. a strong 7% return on investment.
The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard.
Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn's most sought-after locations!
Welcome to this exceptional 6-family property in Bay Ridge, one of Brooklyn’s most vibrant and desirable neighborhoods. This remarkable building spans approximately 5,250 square feet and sits on a generous 25' x 120' lot, offering an excellent opportunity for both homeowners and investors alike. With an annual rental income of over $130,000, this property promises solid returns. a strong 7% return on investment.
The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard.
Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn's most sought-after locations!
Listing Courtesy of Keller Williams Realty Empire
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [411 88th Street]
Ownership
Multi-Family
Block/Lot
6050/61
Building Size
25'x70'
Zoning
C4-2A
Year Built
1917
Floors
3
Lot Size
25'x120'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Real Estate Broker/Owner
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 488081