Welcome to this exceptional 6-family property in Bay Ridge, one of Brooklyn’s most vibrant and desirable neighborhoods. This remarkable building spans approximately 5,250 square feet and sits on a generous 25'' x 120'' lot, offering an excellent opportunity for both homeowners and investors alike. With an annual rental income of over $129,000, this property promises solid returns. Apartment 3F will be vacant at closing and can be leased at the legal rate of $2,356, boosting annual income to $135,000 after two-year lease renewals, delivering a strong 7% return on investment.
The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard.
Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn''s most sought-after locations!
The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard.
Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn''s most sought-after locations!
Property Details
Price:
$1,299,000
MLS #:
488081
Status:
Active
Beds:
11
Baths:
6
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
bayridge
Listed Date:
Jul 30, 2025
Finished Sq Ft:
5,250
Year Built:
1917
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Schools
Interior
Exterior
Financial
Map
Community
- Address411 88th Street Brooklyn NY
- NeighborhoodBay Ridge
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11209
Market Summary
Current real estate data for Multi Family in Brooklyn as of Jan 16, 2026
636
Multi Family Listed
108
Avg DOM
597
Avg $ / SqFt
$1,765,838
Avg List Price
Property Summary
- 411 88th Street Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11209. It is listed for $1,299,000
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