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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
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

Property Taxes

Parcel Number
06050-0060
Land Assessment
$11,012 CAD
Improvements Assessment
$721,895 CAD
Total Assessment
$732,906 CAD
  • Listing ID: 38172838

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 413 88th St, Brooklyn, NY 11209

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