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413 88th St
Brooklyn, NY 11209
Multifamily Property For Sale
·
6 Units

Executive Summary
Welcome to this exceptional 6-family property located in Bay Ridge, one of Brooklyn's most vibrant and sought-after neighborhoods. This impressive building spans approximately 5,250 square feet and sits on a spacious 25' x 120' lot, making it an outstanding opportunity for both end-users and investors. The property generates over $135,000 in annual rental income, offering a lucrative return on investment. Don’t miss out on this rare chance to own a prime piece of real estate in one of Brooklyn's hottest locations!
Property Facts Under Contract
| Price Per Unit | $294,332 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.25% | Building Size | 5,250 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1917 |
| Apartment Style | Low-Rise | ||
| Zoning | C4-2A - C4 - Regional commercial center located outside of the central business districts | ||
| Price Per Unit | $294,332 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1917 |
| Zoning | C4-2A - C4 - Regional commercial center located outside of the central business districts |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 06050-0060 | Improvements Assessment | $721,895 CAD |
| Land Assessment | $11,012 CAD | Total Assessment | $732,906 CAD |
Property Taxes
Parcel Number
06050-0060
Land Assessment
$11,012 CAD
Improvements Assessment
$721,895 CAD
Total Assessment
$732,906 CAD
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