312 Bay Ridge Ave Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated payment $12,759/month
Total Views
1,956
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
About This Home
Rare Opportunity in Prime Bay Ridge - 5-Family Plus Storefront !!! Located right on 3rd Avenue and Bay Ridge Avenue, this 5-family building with storefront offers incredible flexibility for investors, developers, or end-users. Situated in the heart of Bay Ridge, this mixed-use property features: Back of Building: -3 floors, each with 1 bedroom apartment (possible conversion to 2 bedrooms) -Great natural light and efficient layouts. Front of Building: - 2 floors, each with 2 bedrooms (possible conversion to 3 bed-rooms) - Includes a ground-level retail store, ideal for owner-use or rental income. Zoned for both resi-dential and commercial use, this property offers significant income potential and upside with minimal renovation. Steps from shopping, dining, and public transportation, it's perfect for live-in owners, inves-tors, or redevelopment. Don't miss this rare find in the heart of Bay Ridge!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,921
Year Built
- Built in 1931
Lot Details
- 1,812 Sq Ft Lot
Community Details
- Bay Ridge Community
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $20,921 | $469,350 | $13,050 | $456,300 |
| 2024 | $20,921 | $421,200 | $13,050 | $408,150 |
| 2023 | $19,012 | $390,600 | $13,050 | $377,550 |
| 2022 | $18,370 | $396,000 | $13,050 | $382,950 |
| 2021 | $17,053 | $364,950 | $13,050 | $351,900 |
| 2020 | $12,790 | $400,500 | $13,050 | $387,450 |
| 2019 | $16,235 | $404,100 | $13,050 | $391,050 |
| 2018 | $15,163 | $119,219 | $3,225 | $115,994 |
| 2017 | $14,689 | $115,492 | $3,590 | $111,902 |
| 2016 | $13,786 | $106,938 | $3,524 | $103,414 |
| 2015 | $8,711 | $99,021 | $3,489 | $95,532 |
| 2014 | $8,711 | $99,021 | $3,854 | $95,167 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $1,988,888 | -- | -- |
Source: NY State MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $248,000 | First American Title Ins Co | |
| Deed | $248,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | Commercial | |
| Closed | $110,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: NY State MLS
MLS Number: 11514344
APN: 05872-0015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Nearby Homes
- 324 Bay Ridge Ave
- 6920 3rd Ave
- 7001 3rd Ave
- 349 W Broadway Unit 9
- 351 W Broadway Unit 4
- 263 Bay Ridge Ave
- 6812 3rd Ave
- 314 Senator St
- 359 Ovington Ave Unit D2
- 6916 4th Ave
- 6754 4th Ave
- 6756 4th Ave
- 6815 Madeline Ct
- 258 Senator St
- 318 67th St
- 247 72nd St
- 7207 3rd Ave
- 413 68th St
- 418 Bay Ridge Pkwy
- 255 Senator St