![[Bay Ridge Real Estate, listing number 3334905]](https://www.vlshomes.com/images/full/3334905a.jpg)
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| Description: 3334905 | |
| 437 Bay Ridge Avenue presents a well-maintained, fully occupied six-family building located in the heart of Bay Ridge, Brooklyn. This asset offers stable in-place income with strong upside potential, making it an ideal opportunity for both seasoned investors and end-users seeking long-term appreciation in a highly desirable neighborhood. Positioned in a vibrant, amenity-rich area, the property benefits from strong rental demand driven by accessibility, retail corridors, and public transportation. Gross/Collectible Annual Income is $102,290; Total Annual Expenses are $38,040; Net Operating Income (NOI) is $64,296. This property is being offered at 5.85% CAP Rate. Seller is motivated to sell, present all offers. | |
Details: |
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| Families: | 6 | |
| Bathrooms: | 6 | |
| Property Type: | Multi-Family | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,099,000 | |
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