Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

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 - -
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06086-0017
Land Assessment
$11,417 CAD
Improvements Assessment
$509,953 CAD
Total Assessment
$521,370 CAD
  • Listing ID: 35251086

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 324 91st St, Brooklyn, NY 11209

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}