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About This Home
This 0-bedroom, 6-bathroom residential multi family at 437 Bay Ridge Avenue in Brooklyn, NY is listed for $1,049,000 ($254 per sqft). Built in 1931, the home offers 4,125 sqft of living space on a 0.06 acres lot.
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.
Key Features
- Built in 1931
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
437 Bay Ridge Avenue
Brooklyn, NY 11220
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 6-bathroom residential multi family at 437 Bay Ridge Avenue is listed at $1,049,000 ($254/sqft). The estimated monthly payment is $4,546 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.06 acre lot, 3 stories. Interior Features: Refrigerator, Stove.
This property is listed by John Koulouroudis and can be reached at (718) 680-6442 or jkoudis1@gmail.com.
