Price Reduced Listing
$999,000
 $5,363 est/mo Sourced by Back At You

437 Bay Ridge Avenue,Brooklyn, NY 11220

Brooklyn, NY 11220

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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 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.

Details

MLS #500028
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1931
Days On Site173
Listing Provided ByBen Bay Realty Co of Bay Ridge | John Koulouroudis

Features

SQ Feet4,125
BasementY
Story(s)3
Units6
ZoningR5B

Interior

Heating FuelGas

Exterior

ExteriorBrick
RoofFlat
Construction MaterialsBrick
Foundation DetailsStone, Other

Parking

Parking AttributesNone
Parking Feature SingleStreet

Utilities

ElectricCircuit Breakers

Taxes

Tax Amount19122.00

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
AreaBrooklyn
SubareaBay Ridge
Listing VS Median (in 11220)
Price:
$999,000
low | high
Med:
$1,534,000
3.553553553554% of Average
sqft:
4,125
low | high
Med:
3,972
53.709090909091% of Average
$ / sqft:
$242
low | high
Med:
$601
98.247942535852% of Average
On site:
173
low | high
Med:
36
100% of Average
Sourced by Back At You

Market Activity 11220

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Contact

Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
AreaBrooklyn
SubareaBay Ridge
Listing VS Median (in 11220)
Price:
$999,000
low | high
Med:
$1,534,000
3.553553553554% of Average
sqft:
4,125
low | high
Med:
3,972
53.709090909091% of Average
$ / sqft:
$242
low | high
Med:
$601
98.247942535852% of Average
On site:
173
low | high
Med:
36
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $749K - $1.248M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
416 Bay Ridge Avenue Property Photo 1
$1,880,000
416 Bay Ridge Avenue
Brooklyn, NY 11220
473 Bay Ridge Avenue Property Photo 1
$1,580,000
473 Bay Ridge Avenue
Brooklyn, NY 11220
474 Bay Ridge Avenue Property Photo 1
$999,000
474 Bay Ridge Avenue
Brooklyn, NY 11220
6916 4th Avenue Property Photo 1
$2,380,000
6916 4th Avenue
Brooklyn, NY 11209
Listing Updated: September 15, 2026 at 6:26:40 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York