$1,550,000

1564 Bay Ridge Ave Brooklyn, NY 11219

Bensonhurst Neighborhood

Estimated payment $10,112/month

Total Views 3,692
11 Beds
6 Baths
5,280 Sq Ft
$294 Price per Sq Ft

Highlights

  • Heating System Uses Steam
  • 1-minute walk to 71 Street
  • Back Yard
  • P.S. 112 Lefferts Park Elementary School Rated A
  • Private Driveway
  • 2-minute walk to Lt. Joseph Petrosino Park

About This Home

Introducing this six-family solid brick building in Bensonhurst. Lot size 30 x 100 . It features 1 x one bedroom and 5 x two-bedroom units. Gross yearly income is $ 106,508.88, 4.73 % cap, private driveway which getS $ 100 extra income for parking space, finished basement, good for investment, close to everything and great school ratings.

Listing Agent

Rui (Nancy) Wu

Listed on: 04/24/2025

Co-Listing Agent

Jian (Carey) Yang

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,280 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6158

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $4,500
  • Insurance Expense $2,500
  • Utility Expense $676
  • Gross Income $106,509
  • Net Operating Income $73,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Baths Total Level4: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 4
  • Beds Total Level3: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1760
  • Building Length: 80.00
  • Building Width: 22.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: New Utrecht Avenue
  • Cross Street Name2: 16th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level1: 7
  • Rooms Total Level2: 8
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 5280
  • Building Stories: 3
  • Street Name I D X: Bay Ridge
  • Street Number I D X: 1564
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Other
  • Lot Sq Ft: 3000
  • Total Rooms: 23

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 33176.00
  • Annual Gross Income: 106509
  • Insurance Expense: 2500.00
  • Property Net Operating Income: 73332.88
  • Unit Count: 6
  • Annual Utility Expenses: 676.00

Tax Info

  • Flip Tax Amount: 19500.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $1,550,000 -- $294 / Sq Ft
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 492131

Brooklyn Board of REALTORS®

APN: 06158-0053

New York Kings County Brooklyn 11219 Bensonhurst

1564 Bay Ridge Ave, Brooklyn, NY

This home is located at 1564 Bay Ridge Ave, Brooklyn, NY 11219 and is currently priced at $1,550,000, approximately $293 per square foot. This property was built in 1925. 1564 Bay Ridge Ave is a home located in Kings County with nearby schools including P.S. 112 Lefferts Park Elementary School, Junior High School 227 Edward B Shallow, and New Utrecht High School.

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Listing Agent
Rui (Nancy) Wu