237 Bainbridge St Bed-Stuy, NY 11233
Bed-Stuy NeighborhoodEstimated payment $21,820/month
Highlights
- Green Building
- Central Air
- 3-minute walk to Jackie Robinson Park Playground
About This Home
237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences.
The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $11,208
Year Built
- Built in 2013
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100.00x30.00
Home Design
- Entry on the 1st floor
Bedrooms and Bathrooms
- 8 Bedrooms
Eco-Friendly Details
- Green Building
- Smoke Free Home
Additional Features
- 4-Story Property
- Central Air
Community Details
- 8 Units
- Stuyvesant Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0070 / 01682
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,363 | $881,100 | $141,750 | $739,350 |
| 2025 | $2,363 | $734,400 | $141,750 | $592,650 |
| 2024 | $2,363 | $611,820 | $141,750 | $470,070 |
| 2023 | $2,318 | $509,850 | $141,750 | $368,100 |
| 2022 | $2,312 | $424,800 | $141,750 | $283,050 |
| 2021 | $2,318 | $339,750 | $141,750 | $198,000 |
| 2020 | $1,140 | $329,850 | $141,750 | $188,100 |
| 2019 | $2,384 | $274,860 | $141,750 | $133,110 |
| 2018 | $2,404 | $229,050 | $141,750 | $87,300 |
| 2017 | $2,404 | $241,200 | $141,750 | $99,450 |
| 2016 | $2,437 | $253,800 | $141,750 | $112,050 |
| 2015 | $2,449 | $317,250 | $141,750 | $175,500 |
| 2014 | $2,449 | $523,861 | $112,557 | $411,304 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $3,800,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | -- | |
| Deed | $140,000 | -- | |
| Deed | $235,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $940,500 | Commercial | |
| Closed | $727,500 | Commercial | |
| Previous Owner | $164,500 | Commercial |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20099774
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