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About This Home

This 5-bedroom, 7-bathroom residential multi family at 474 Bay Ridge Avenue in Brooklyn, NY is listed for $999,000 ($328 per sqft). Built in 1910, the home offers 3,042 sqft of living space on a 0.04 acres lot.

Agent Description

Rare opportunity to own a solid brick 6-family building in the heart of Bay Ridge, just minutes from the neighborhood's vibrant commercial corridor. This income-producing property features 4 vacant apartments, including the front and rear units on both the first and second floors, two tenants occupied on 3rd floor front and rear.

Offering exceptional flexibility for investors or owner-occupants. Situated on a 20' x 96' lot with a building size of approximately 20' x 55', this property offers strong upside potential in one of Brooklyn's most desirable neighborhoods. Annual property taxes are approximately $10,385.

Conveniently located near shopping, dining, transportation, and local amenities. A rare Bay Ridge investment opportunity not to be missed! PS: Purchaser must provide a substantial down payment in order to qualify for mortgage financing for this purchase.

Key Features

  • Built in 1910
  • 0.04 acre lot
  • 3 stories

Property Details

3 stories
7 full
1910

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

474 Bay Ridge Avenue

Brooklyn, NY 11220

Features & Amenities

Interior Features

RefrigeratorStove

Property Details

Flooring

TileCarpetLaminate

Construction

Brick

Questions & Answers

This 5-bedroom, 7-bathroom residential multi family at 474 Bay Ridge Avenue is listed at $999,000 ($328/sqft). The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.04 acre lot, 3 stories. Interior Features: Refrigerator, Stove.

This property is listed by Jason Zhou and can be reached at (718) 612-3088 or jasonzhourealty@gmail.com.

JZ

Jason Zhou

Agent at RE/MAX Edge

(718) 612-3088

Listed by RE/MAX Edge · View on Broker Site

MLS# 501844· Source: listhub· Updated 28 days ago

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474 Bay Ridge Avenue, Brooklyn, NY 11220

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