Property Description

Welcome to this exceptional 6-family property in Bay Ridge, one of Brooklyn’s most vibrant and desirable neighborhoods. This remarkable building spans approximately 5,250 square feet and sits on a generous 25′ x 120′ lot, offering an excellent opportunity for both homeowners and investors alike. With an annual rental income of over $129,000, this property promises solid returns. Apartment 3F will be vacant at closing and can be leased at the legal rate of $2,356, boosting annual income to $135,000 after two-year lease renewals, delivering a strong 7% return on investment.

The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard.

Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn’s most sought-after locations!

Features
: Flat
Address Map
11209
88th
411
Street
0
W75° 58' 16.8''
N40° 37' 16''
MLS Addon
: Multi-family
6
73
: Hardwood
117340
Keller Williams Realty Empire
Firas Toum
ft5236
$0
$0
: Full
: Brick
: Active
$18,007

Residential For Sale

411 88th Street, Brooklyn, New York 11209

11 Bedrooms
6 Bathrooms
5,250 Sqft
$1,425,000
Listing ID #488081
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 488081
Price : $1,425,000
Bedrooms : 11
Bathrooms : 6
Square Footage : 5,250 Sqft
Year Built : 1917
Lot Area : 2,474 Sqft
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