437 Bay Ridge Avenue
Bay Ridge | 4th Avenue & 5th Avenue
Ownership
Multi-Family
Lot Size
25'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 19,122
Building Size
25'x55'
Year Built
1931
ASF/ASM
4,125/383
Property Description
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/Collectible Annual Income is $102,290; Total Annual Expenses are $38,040; Net Operating Income (NOI) is $64,296. This property is being offered at 5.85% CAP Rate. Seller is motivated to sell, present all offers.
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/Collectible Annual Income is $102,290; Total Annual Expenses are $38,040; Net Operating Income (NOI) is $64,296. This property is being offered at 5.85% CAP Rate. Seller is motivated to sell, present all offers.
Listing Courtesy of Ben Bay Realty Co of Bay Ridge
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [437 Bay Ridge Avenue]
Ownership
Multi-Family
Block/Lot
5864/69
Building Size
25'x55'
Zoning
R5B
Year Built
1931
Floors
3
Lot Size
25'x100'
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: 500028