$1,400,000

Estimated payment $9,594/month

-- Bed
6 Baths
5,100 Sq Ft
$275 Price per Sq Ft

About This Home

The Brennan Team of Marcus & Millichap has been exclusively hired to sell 540 Ovington Avenue, a six-family apartment building comprised of five (5) two-bedroom apartments and one (1) one-bedroom apartment. The property measures 20 feet wide by 85 feet deep, and is located on Ovington Avenue between 5th & 6th Avenues in the Bay Ridge neighborhood of Brooklyn, New York. Originally built in 1931, the property is zoned R5B and sits on an unusually deep property lot extending 152.42 feet with a private two-car garage. Additionally, the deep property lot offers at least one more outdoor parking spot right behind the building. The property is well-maintained, with recent upgrades including newly scraped & painted fire escapes, a recently installed security camera system, new Thorosealing in the rear of the building, upgraded parapet, and a newly refurbished vacant 2-bedroom apartment. 540 Ovington is a prime opportunity to acquire a cash-flowing six-family apartment building in good condition. Additionally, all six apartments are paying a preferential rent, offering a new purchaser upside upon tenant vacancy. Six-Family Apartment Building with One Vacant Unit | Upside with Preferential Rents Two-Car Garage with Third Parking Spot Behind Building Marble Staircase | Security Camera System | Recent Thorosealing Deep Lot Measuring 20 Feet x 152.42 Feet Several Recent Building Upgrades 1 Vacant Apartment Front and Back Layouts No 311 Complaints on Record and No DOB Violations

Listing Agent

Bryan Ellis

MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES INC Listed on: 08/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,769

Interior Spaces

  • 6 Full Bathrooms
  • 5,100 Sq Ft Home
  • 3-Story Property

Community Details

  • Bay Ridge Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,769

Lot Details

0

Listing Details

  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Number Of Stories: 3
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • Property Class: 200
  • PropertyTownship: Brooklyn
  • Prop. Type: Multi-Unit (5+)
  • PropertyZipCode: 11209
  • PropertyZoneType: 100
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • BasementAreaSquareFootage: 0
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 5100

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 23769

Tax Info

  • Tax Year: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $1,400,000 -- $275 / Sq Ft
Source: NY State MLS

Similar Homes in Brooklyn, NY

  • 1582 83rd St, Brooklyn, NY 11228

    $1,259,000

    • 2 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 1582 83rd St
    • Brooklyn, NY

    Prime Dyker Heights location! This brick two family property sitting on a 20 x 90 lot is an excellent opportunity! The home boasts two 1 bedroom apartments, each with a spacious bedroom, full bath, hardwood and tile floors throughout, and plenty of closet and storage space. Completing the home is a full unfinished basement with a separate exit to the back yard, a large porch in the front yard,

    Leonardo Aaron Ben Bay Realty Co

    Section Image
  • 400 Rockaway Pkwy, Brooklyn, NY 11212

    $1,179,000

    • 1 Bed
    • 1 Bath
    • 3,198 Sq Ft
    • 400 Rockaway Pkwy
    • Brooklyn, NY

    Opportunity For Possible Generational Property, 4 Family / 7 Bedrooms - 5 Full Baths, Full Basement With Own Separate Entrance(s), 25x100 Lot / Building Size 20.5x78.

    Yau Lung Chan Keller Williams Realty Greater

    Section Image
  • 8521 10th Ave, Brooklyn, NY 11228

    $1,350,000

    • 2 Beds
    • 3 Baths
    • 2,288 Sq Ft
    • 8521 10th Ave
    • Brooklyn, NY

    Welcome to this charming two-family brick home located in the heart of prime Dyker Heights. Situated on a 20x100 lot with a building footprint of 20x68 on the first floor and 20x60 on second floor, this delightful property features a separate rear entrance to the ground-level apartment—offering exceptional flexibility and a great opportunity for both homeowners and investors. The home includes a

    Dan Dong RE/MAX Edge

    Section Image
  • 800 5th Ave Unit 1A, Brooklyn, NY 11232

    $1,200,000

    • 2 Beds
    • 2.5 Baths
    • 1,553 Sq Ft
    • 800 5th Ave
    • Unit 1A
    • Brooklyn, NY

    Step into our brand-new modern duplex condo, perfectly situated in the sought-after Park Slope/Greenwood Heights area. Offering 901 square feet of living space plus a 656-square-foot recreational room, this home combines sleek design with versatility. The main floor features a spacious living room filled with natural light, an eat-in kitchen with high-end finishes, two comfortable bedrooms,

    Ariel Lopez Douglas Elliman Real Estate

    Section Image
  • 2153 63rd St, Brooklyn, NY 11204

    $1,489,000

    • 1 Bed
    • 1 Bath
    • 1,760 Sq Ft
    • 2153 63rd St
    • Brooklyn, NY

    IT IS A HIGHLY DESIRABLE NEIGHBORHOOD WITH SPACIOUS BATHROOMS, A STUNNING PATIO, AND A CAR GARAGE, CLOSE TO B6 AND N AND F TRAIN STATIONS. Your dream home has arrived! This beautifully renovated gem checks all the boxes: location, size, quality, and more. MOVE RIGHT IN! It's situated in the highly desirable Bensonhurst neighborhood, with the B6 stop just around the corner and the N and F train

    Kevin Lam Momentum Real Estate LLC

    Section Image
  • 649 E 3rd St, Brooklyn, NY 11218

    $1,350,000

    • 2 Beds
    • 2 Baths
    • 1,627 Sq Ft
    • 649 E 3rd St
    • Brooklyn, NY

    Rare Detached Two family Victorian house in Kensington, with 2 outdoor spaces, a private Yard and two car private Garage!Lot : 30x100building size: 18x36 (approx. 1627 square foot)Can build additional 2130 square foot.Excellent investment property or end user :1st Floor can be delivered vacant and is occupied by a month to month tenant (one bed).2nd Floor is occupied

    Patrick Ben Hayoun Douglas Elliman Real Estate

    Section Image
  • 353 20th St Unit PH, Brooklyn, NY 11215

    $1,450,000

    • 2 Beds
    • 2 Baths
    • 353 20th St
    • Unit PH
    • Brooklyn, NY

    Introducing 353 20th Street, an exclusive collection of five thoughtfully designed full-floor residences located on a quiet, tree-lined block in the heart of Greenwood. With just one unit per floor, each residence offers the rare luxury of complete privacy, light-filled interiors, and direct elevator access that opens into your home. The building's modern brick, panel, and glass fa ade is a

    Angley Rangel Brown Harris Stevens Brooklyn LLC

    Section Image
  • 353 20th St Unit TH, Brooklyn, NY 11215

    $1,695,000

    • 2 Beds
    • 2.5 Baths
    • 1,446 Sq Ft
    • 353 20th St
    • Unit TH
    • Brooklyn, NY

    Introducing 353 20th Street, an exclusive collection of five thoughtfully designed full-floor residences located on a quiet, tree-lined block in the heart of Greenwood. With just one unit per floor, each residence offers the rare luxury of complete privacy, light-filled interiors, and direct elevator access that opens into your home. The building's modern brick, panel, and glass fa ade is a

    Angley Rangel Brown Harris Stevens Brooklyn LLC

    Section Image
  • 112 Luquer St Unit 2, Brooklyn, NY 11231

    $1,499,000

    • 2 Beds
    • 2 Baths
    • 112 Luquer St
    • Unit 2
    • Brooklyn, NY

    Introducing 112 Luquer Street, nestled in the vibrant heart of Carroll Gardens! Unit Two is a bright and airy two-bedroom, two bathroom condo, complete with its own private balcony. This newly renovated home spans the entire floor of a charming Carroll Gardens townhouse. The building's finely crafted black wrought iron detailing celebrates the renowned craftsmanship and historic elegance of

    Rita van Straten Douglas Elliman Real Estate

    Section Image

Source: NY State MLS

MLS Number: 11564551

NY State MLS

APN: 05893-0028