$1,630,000

Estimated payment $10,488/month

-- Bed
-- Bath
2,304 Sq Ft
$707 Price per Sq Ft

Highlights

  • Wood Flooring
  • Brick Front
  • 5-minute walk to Dan Ross Playground
  • Junior High School 259 William McKinley Rated A
  • Heating System Uses Steam

About This Home

This three-story attached brick building offers a versatile mixed-use layout with 2 commercial storefronts on the ground level and 2 residential units above. Each residential unit features two bedrooms, one bathroom, a living room, dining area, and kitchen, providing functional and comfortable living spaces. Recently, new upgrades have been done, including the boiler, hot water tank, roof, stairs, top floor windows, and electrical meters.

Located in the vibrant Bay Ridge neighborhood, the property is surrounded by local shops, restaurants, and amenities. Transportation is convenient, with nearby B1, B4, B8 buses and the R train, making commuting straightforward.

Well-maintained and ready for occupancy, this property presents an excellent opportunity for investors or homeowners looking to benefit from both residential and commercial rental income in a highly desirable area.

Listing Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 08/29/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,480

Year Built

  • Built in 1930

Lot Details

  • 774 Sq Ft Lot
  • Lot Dimensions are 32 x 24
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete
  • Brick Front

Interior Spaces

  • 2,304 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Concrete
  • Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Block 5981

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $4,100
  • Insurance Expense $3,600
  • Utility Expense $630
  • Gross Income $83,280
  • Net Operating Income $53,170

Property Details

Property Type

Other

Est. Annual Taxes

$19,480

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 768
  • Building Length: 32.00
  • Building Width: 24.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 11-15 ft
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: No
  • Cross Street: 5th Av
  • Cross Street Name2: 6th Av
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2304
  • Building Stories: 3
  • Street Name I D X: 80th
  • Street Number I D X: 509
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Concrete, Hardwood, Tile
  • Lot Sq Ft: 774

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick, Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 80
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4100.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 32
  • Lot Size Width: 24
  • Zoning: R6B

Rental Info

  • Rent Income: 83280

Multi Family

  • Annual Gross Expense: 30110.00
  • Annual Gross Income: 83280
  • Insurance Expense: 3600.00
  • Property Net Operating Income: 53170.00
  • Unit Count: 4
  • Annual Utility Expenses: 630.00

Tax Info

  • Flip Tax Amount: 19480.00

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

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 $18,048 $235,350 $67,050 $168,300
2024 $18,048 $196,200 $67,050 $129,150
2023 $16,397 $226,800 $67,050 $159,750
2022 $12,265 $283,500 $67,050 $216,450
2021 $15,888 $333,270 $67,050 $266,220
2020 $11,916 $323,550 $67,050 $256,500
2019 $14,005 $269,460 $67,050 $202,410
2018 $13,078 $102,819 $30,701 $72,118
2017 $13,078 $102,819 $35,300 $67,519
2016 $12,844 $99,629 $36,207 $63,422
2015 $7,750 $92,251 $35,889 $56,362
2014 $7,750 $85,419 $36,678 $48,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $1,630,000 -- $707 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 495278

Brooklyn Board of REALTORS®

APN: 05981-0080