237 Bay Ridge Pkwy Bay Ridge, NY 11209
Bay Ridge NeighborhoodEstimated payment $12,897/month
Highlights
- Wood Flooring
- Baseboard Heating
- Back and Front Yard
- P.S. 102 The Bayview School Rated A
About This Home
Rare Fully Detached Building in Bay Ridge – Medical Office + Residential Duplex + Finished Basement
This property is a standout opportunity to own a fully detached mixed-use property in the heart of Bay Ridge, Brooklyn. Featuring a turn-key medical office, a spacious residential duplex, a full finished basement, and central air conditioning, this property blends comfort, functionality, and investment potential.
Property Highlights:
• Ground Floor Professional Office
Fully equipped doctor’s office with reception area, multiple exam rooms, private restroom, and separate entrances. Move-in ready for continued medical use or easily adapted for other professional or community facility needs.
• Residential Duplex
The upper two levels feature a light-filled, well-maintained multi-bedroom duplex with generous living and dining spaces, a full kitchen, and flexible layout—perfect for owner occupancy or rental income.
• Full Finished Basement
A fully finished lower level offers valuable bonus space ideal for storage, additional office or recreational use, and includes interior access.
• Central Air Conditioning
Comfortably climate-controlled throughout the building with an updated central A/C system, providing modern convenience year-round.
• Building Size: 22' × 70'
• Lot Size: 30' × 94'
• Approx. 3,080 sq ft above grade + finished basement & attic
• Shared Driveway + Rear Access – Rare off-street parking and easy access in a highly sought-after location.
• Fully Detached Structure – With windows on all sides, enjoy excellent natural light, ventilation, and privacy.
Prime Bay Ridge Location:
Situated just off Third Avenue, this property offers unbeatable access to shopping, dining, public transportation (R train), and Shore Road parks. Zoned for residential and community facility use, it’s ideal for medical professionals, investors, or live/work buyers.
Property Details
Property Type
- Other
Est. Annual Taxes
- $31,554
Year Built
- Built in 1930
Lot Details
- 2,820 Sq Ft Lot
- Lot Dimensions are 94 x 30
- Back and Front Yard
- Property is zoned R5B
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
- Pitched Roof
Interior Spaces
- 5,001 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Ceramic Tile
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 200+ Amp Service
- 110 Volts
- Gas Water Heater
Community Details
- Fuel Expense $1,000
- Utility Expense $500
- Gross Income $51,600
Listing and Financial Details
- Tax Block 5928
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $31,554 | $302,850 | $80,100 | $222,750 |
| 2024 | $31,554 | $297,900 | $80,100 | $217,800 |
| 2023 | $32,299 | $322,650 | $80,100 | $242,550 |
| 2022 | $31,933 | $303,750 | $80,100 | $223,650 |
| 2021 | $26,516 | $247,950 | $80,100 | $167,850 |
| 2020 | $16,341 | $309,600 | $80,100 | $229,500 |
| 2019 | $30,171 | $309,600 | $80,100 | $229,500 |
| 2018 | $28,733 | $290,250 | $80,100 | $210,150 |
| 2017 | $27,121 | $321,300 | $80,100 | $241,200 |
| 2016 | $24,173 | $283,050 | $80,100 | $202,950 |
| 2015 | $12,150 | $261,900 | $80,100 | $181,800 |
| 2014 | $12,150 | $241,200 | $80,100 | $161,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $1,888,000 | 0.0% | $378 / Sq Ft |
| 08/09/2025 08/09/25 | Off Market | $1,888,000 | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $1,888,000 | -- | $378 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $850,000 | -- | |
| Deed | $850,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,974 | Commercial | |
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $450,000 | Commercial | |
| Previous Owner | $300,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 494872
APN: 05928-0062
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