437 Bay Ridge Avenue, Brooklyn, NY 11220
Kings County
Key Facts
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 6.10% CAP Rate. Seller is motivated to sell, present all offers.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1931
Stories
3
Living Area
4,125 sq ft
Lot Size
0.06 acres
Lot Dimensions
100 x 25
Zoning
R5B
Days on Market
42
MLS® Listing#
500028
Property Features
Appliances
Heating
Flooring
Basement
Parking
Fencing
Construction
Foundation
Roof
Financial Details
Annual Taxes
$19,122
Affordability Calculator
$209,800
Estimated monthly payment
$5,583/mo
Principal $839,200 · Est. interest $1,170,759 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $991,912
- Median Listing Price
- 83
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,891
- Active Listings
- This home’s price is 6% above the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
P. S. /I. S 30 Mary White Ovington
School · 0.0 mi away
Bethlehem Lutheran Church
School · 0.1 mi away
P. S. K231
Secondary · 0.1 mi away
P. S. /I. S. 30 the Mary White Ovington School
Elementary · 0.1 mi away
High School of Telecommunication Arts and Technology
Secondary · 0.2 mi away
Our Lady of Angels Church
School · 0.2 mi away
Bay One Preschool
School · 0.2 mi away
Bay Ridge Prep Upper School
Secondary · 0.2 mi away
P. S. 413 the Joanne Seminara School of Law and Medicine
Elementary · 0.3 mi away
PS 170 Elementary School
Elementary · 0.3 mi away
P. S. 170 the Ralph A. Fabrizio School
Elementary · 0.3 mi away
PS 102
Elementary · 0.3 mi away
PS 310 Elementary School
Elementary · 0.4 mi away
P. S. 971
Elementary · 0.4 mi away
School of Math Science and Healthy Living
Elementary · 0.4 mi away
Bay Ridge Christian Academy
School · 0.4 mi away
Worldtots
School · 0.5 mi away
District 20 Pre- K Center
Elementary · 0.6 mi away
P. S 506: the School of Journalism & Technology
Elementary · 0.6 mi away
PS 503 Art Works
Elementary · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1501 Voorhies Avenue 21B, Brooklyn, NY | $735,000 | 1 | — | 677 |
| 2525 East 63rd Street, Brooklyn, NY | $735,000 | 3 | — | 1,188 |
| 4309 Clarendon Road, Brooklyn, NY | $735,000 | 3 | 2 | 1,056 |
| 1501 Voorhies Avenue 21B, Brooklyn, NY | $735,000 | 1 | 1 | 677 |
| 1535 Royce Street 1C, Brooklyn, NY | $735,000 | 3 | — | 1,113 |
| 13-55 E 57th Street, Brooklyn, NY | $735,000 | 3 | 2 | 1,316 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Ben Bay Realty Co of Bay Ridge - 7182386080
Fair Housing NoticeLast Updated: 2026-03-27