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474 Bay Ridge Avenue, Brooklyn, New York, 11220

$999,000

5

Beds

7

Bathrooms

3,042

Building Sqft

0.04

Acres

1,742

Lot Sqft

About 474 Bay Ridge Avenue

OPEN HOUSE BY APPOINTMENTS ONLY. 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.

Features of 474 Bay Ridge Avenue

MLS® #
501844
Bedrooms
5
Bathrooms
7
Acres
0.04
Type
Residential
Price
$999,000
Square Footage
3,042
Year Built
1910
Sub-Type
Multi-Family

Community Information

Address
474 Bay Ridge Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11220

Listing Information

Agent Name
Jason Zhou
Agent Office
RE/MAX Edge

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(718) 987-7900