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Brooklyn, NY, 11209 • Bay Ridge • Kings County
$247/sqft
Down payment assistance available
11Beds
6Baths
5,250Sqft
1917Built
Character Home
Built 1917 · 109 years of history
Fort Hamilton
Bay Ridge
This home is getting attention
Listed 189 days ago · 243 views · 10 saves
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189 days on market
Established listing
$247/sqft
Price per square foot
Multi Family · Built 1917 · Historic
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 $129,000, this property promises solid returns. Apartment 3F will be vacant at closing and can be leased at the legal rate of $2,356, boosting annual income to $135,000 after two-year lease renewals, delivering 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!
Based on current rates
Est. 6.17% rate · 30yr fixed · $1,039,200 loan
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3 schools rated nearby
Brooklyn, NY, 11209
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Brooklyn, NY • Kings County
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