516 72nd St Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $11,730/month
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Heating System Uses Steam
- Junior High School 259 William McKinley Rated A
- Back, Front, and Side Yard
- Private Driveway
About This Home
Rare-find semi-detached 4-family brick building with a finished full basement, private driveway, built-in garage, and mixed zoning (C1-3 & R6B) in the heart of Bay Ridge. The mixed zoning offers excellent flexibility with the potential to convert the building, in whole or in part, to commercial use (subject to architect review and NYC approvals). The 1st-floor duplex offers 2 bedrooms, 2 full bathrooms, plus a finished basement that can provide extra space. The 2nd floor features a spacious 3-bedroom apartment, while the 3rd floor offers 2 one-bedroom apartments. Each unit includes a separate living room, dining room, and kitchen. Situated on an oversized 30×100 ft lot with a 20×55 ft building, this property also features a 10-foot private driveway, built-in garage, and a spacious side yard and backyard. Conveniently located just minutes from the R train, shopping, restaurants, schools, parks, and the Verrazzano-Narrows Bridge. An outstanding opportunity for investors, developers, or owner-occupants seeking strong rental income, future commercial potential, and long-term appreciation in one of Bay Ridge's most desirable neighborhoods. Won't Last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,940
Year Built
- Built in 1905
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Back, Front, and Side Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,420 Sq Ft Home
- 3-Story Property
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5910
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $5,000
- Insurance Expense $2,500
- Gross Income $122,400
- Net Operating Income $111,900
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 | $12,234 | $104,100 | $25,560 | $78,540 |
| 2025 | $11,834 | $116,640 | $25,560 | $91,080 |
| 2024 | $11,834 | $98,100 | $25,560 | $72,540 |
| 2023 | $11,845 | $101,340 | $25,560 | $75,780 |
| 2022 | $11,158 | $100,380 | $25,560 | $74,820 |
| 2021 | $11,323 | $87,300 | $25,560 | $61,740 |
| 2019 | $10,272 | $117,060 | $25,560 | $91,500 |
| 2018 | $9,908 | $48,603 | $10,607 | $37,996 |
| 2017 | $9,495 | $46,579 | $16,041 | $30,538 |
| 2016 | $8,963 | $44,836 | $15,528 | $29,308 |
| 2015 | $5,300 | $42,301 | $13,274 | $29,027 |
| 2014 | $5,300 | $40,918 | $12,345 | $28,573 |
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 |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $1,999,000 | -- | $585 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 502783
APN: 05910-0012
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