![[Bay Ridge Real Estate, listing number 3338893]](https://www.vlshomes.com/images/full/3338893a.jpg)
| Description: 3338893 | |
| Welcome to 555 80th Street, a solid six-family investment property in the heart of Bay Ridge Brooklynâ??one of Brooklynâ??s most established and consistently in-demand neighborhoods. Built in 1931 and offering approximately 5,760 square feet of living space on a 2,442 square foot lot, this three-story attached building presents a rare opportunity to own a well-maintained, income-producing asset. The property consists of six residential units, each configured with four rooms including two bedrooms and one full bath. All apartments are rent stabilized, providing consistent occupancy and reliable long-term income. The building offers a strong operating profile, making it an ideal addition to any investment portfolio. This asset presents more than just stabilityâ??it offers clear potential for future growth. With several units currently below market levels, there is opportunity to increase returns over time through legal rent adjustments and turnover. Positioned on a prime Bay Ridge block, the property benefits from close proximity to shopping, dining, transportation, and neighborhood amenities that continue to drive demand in this highly desirable location. Whether youâ??re expanding your portfolio or securing a foothold in Brooklyn multifamily, 555 80th Street is a smart, stable investment with long-term upside. | |
Details: |
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| Families: | 6 | |
| Property Type: | Multi-Family | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,199,000 | |
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