$999,000
Active
228 days on market
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
Show more
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.



