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437 Bay Ridge Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 437 Bay Ridge Ave

$999,000
Active 228 days on market
MLS# 500028

437 Bay Ridge Ave

📍 Brooklyn, Brooklyn, NY 11220

6.0
Beds
6.0
Baths
4,125
Sqft
$242
Per sqft
1931
Year built
Land
Type

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 6.41% CAP Rate. Seller is motivated to sell, present all offers
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Key facts

2,500 sq ft lot
Built 1931
Listed 223 days

Property details

Property typeLand
Listing statusActive
Lot size2,500 sqft
Year built1931
Days on market228 days
MLS #500028

Estimated monthly payment

Listing price$999,000
Down payment (20%)$199,800
Loan amount$799,200
Principal & interest (7%, 30yr)$5,317/mo
Property tax (est.)$971/mo
Home insurance (est.)$416/mo
Estimated total$6,704/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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