437 Bay Ridge Ave, Brooklyn, NY, 11220
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Property Details
6
6
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 6 • Square Feet: 4125 • Lot/Size: 2,500 sqft lot
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/Collectible Annual Income is $102,290; Total Annual Expenses are $38,040; Net Operating Income (NOI) is $64,296. This property is being offered at 5.85% CAP Rate. Seller is motivated to sell,
Location
Address
437 Bay Ridge Ave, Brooklyn, NY, 11220
City
Brooklyn
Features and Finishes
Year Built: 1931; [object Object]; [object Object]
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