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Undisclosed Address in Brooklyn, NY 11209

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Listing Type
Multi Family
Listing Status
active
7
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$1,299,000

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Home Details 411 88th Street
Price
$1,299,000
Type
Multi Family
Bedrooms
11
Full Bathrooms
6
Year Build
1917
Sq. Ft.
5250
Lot Size
0.06
County
Kings
Total Rooms
18
Basement
Full
Tax
$22,000
MLS®️ Listing#
488081
On exitrealty.com
296 days
Property Description
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!
Property Features
Listing Courtesy: Keller Williams Realty Empire - 718-954-8400
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
Fair Housing Notice
Last Updated: 2025-10-07 21:15:28
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EXIT REALTY PROFESSIONALS
6203 18th Ave, Brooklyn, NY 11204
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$1,299,000

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EXIT REALTY PROFESSIONALS
6203 18th Ave, Brooklyn, NY 11204
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