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324 91st St 6 Unit Apartment Building $2,090,010 CAD ($348,335 CAD/Unit) 3.38% Cap Rate Brooklyn, NY 11209



INVESTMENT HIGHLIGHTS
- Unit Mix: 5 spacious 2-bedroom, 1-bathroom apartments and 1 comfortable 1-bedroom, 1-bathroom apartment.
- Building Size: 25' x 75', totaling approximately 5,625 sq. ft.
- Zoning: R5B zoning
- Interior Features: Each unit boasts generously sized living and dining areas, well-appointed windowed kitchens & elegant hardwood floors
- Lot Size: 25' x 113.08' IRR, spanning 2,860 sq. ft.
EXECUTIVE SUMMARY
Prime Investment Property – 6-Unit Building in Bay Ridge, Brooklyn
Discover an exceptional investment opportunity in the heart of Bay Ridge, one of Brooklyn’s most sought-after and established neighborhoods. This meticulously maintained six-unit rent-stabilized building provides steady rental income, long-term tenants, and excellent upside potential — a perfect addition to any serious investor’s portfolio.
This solid brick building features a desirable mix of five spacious two-bedroom, one-bath units and one comfortable one-bedroom, one-bath unit. The property measures 25 ft × 75 ft (approximately 5,625 sq. ft.) and sits on a 25 ft × 113.08 ft irregular lot totaling about 2,800 sq. ft. Zoned R5B, the property presents a strong and stable investment opportunity in one of Brooklyn’s most dependable multifamily markets.
Each apartment offers generously sized living and dining areas, windowed kitchens, hardwood floors, and tiled bathrooms. The bright, airy interiors are filled with natural light, adding to each unit’s comfort and appeal.
Perfectly positioned on a beautiful tree-lined street, the property is moments from everything Bay Ridge is known for — shopping, dining, parks, and transportation. Residents enjoy close proximity to 3rd Avenue’s vibrant restaurant scene, the R train, multiple bus routes for easy Manhattan access, and nearby schools, parks, and the scenic waterfront promenade.
With its stable rent roll, low-maintenance ownership, and prime Brooklyn location, this property delivers both immediate cash flow and long-term growth potential. Investors will appreciate the neighborhood’s strong market fundamentals, consistent tenant demand, and opportunity for future appreciation.
Don’t miss the chance to own this income-producing multifamily building in one of Brooklyn’s most vibrant and enduring communities.
Discover an exceptional investment opportunity in the heart of Bay Ridge, one of Brooklyn’s most sought-after and established neighborhoods. This meticulously maintained six-unit rent-stabilized building provides steady rental income, long-term tenants, and excellent upside potential — a perfect addition to any serious investor’s portfolio.
This solid brick building features a desirable mix of five spacious two-bedroom, one-bath units and one comfortable one-bedroom, one-bath unit. The property measures 25 ft × 75 ft (approximately 5,625 sq. ft.) and sits on a 25 ft × 113.08 ft irregular lot totaling about 2,800 sq. ft. Zoned R5B, the property presents a strong and stable investment opportunity in one of Brooklyn’s most dependable multifamily markets.
Each apartment offers generously sized living and dining areas, windowed kitchens, hardwood floors, and tiled bathrooms. The bright, airy interiors are filled with natural light, adding to each unit’s comfort and appeal.
Perfectly positioned on a beautiful tree-lined street, the property is moments from everything Bay Ridge is known for — shopping, dining, parks, and transportation. Residents enjoy close proximity to 3rd Avenue’s vibrant restaurant scene, the R train, multiple bus routes for easy Manhattan access, and nearby schools, parks, and the scenic waterfront promenade.
With its stable rent roll, low-maintenance ownership, and prime Brooklyn location, this property delivers both immediate cash flow and long-term growth potential. Investors will appreciate the neighborhood’s strong market fundamentals, consistent tenant demand, and opportunity for future appreciation.
Don’t miss the chance to own this income-producing multifamily building in one of Brooklyn’s most vibrant and enduring communities.
PROPERTY FACTS
| Price | $2,090,010 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $348,335 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 3.38% | Building Size | 5,625 SF |
| No. Units | 6 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Zoning | R5B - permits detached and semi-detached buildings, it is primarily a three-story rowhouse district | ||
| Price | $2,090,010 CAD |
| Price Per Unit | $348,335 CAD |
| Sale Type | Investment |
| Cap Rate | 3.38% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,625 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | R5B - permits detached and semi-detached buildings, it is primarily a three-story rowhouse district |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 06086-0017 | Improvements Assessment | $509,953 CAD |
| Land Assessment | $11,417 CAD | Total Assessment | $521,370 CAD |
PROPERTY TAXES
Parcel Number
06086-0017
Land Assessment
$11,417 CAD
Improvements Assessment
$509,953 CAD
Total Assessment
$521,370 CAD
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324 91st St
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