$1,250,000
Updated a year ago
Sold

523 73rd Street

Bay Ridge, Brooklyn | 5th Ave & 6th Ave

8 Rooms2 Beds2 BathsMulti-Family

$1,250,000
floors / apts2 / 2
Lot Size20'x100'
Built Size20'x52'
ZoneR5B
Building TypeTownhouse
RE Taxes$9,063

This property was sold for $1,250,000 on 09/12/25.

Property Description for 523 73rd Street

Prime Bay Ridge investment opportunity: Two-family townhouse just off vibrant 5th Avenue awaits your renovation expertise. This property features two spacious floor-through apartments offering flexible configuration options - maintain as income-producing units, convert to a single-family residence, or create an owner-occupied investment. With its prime location, excellent transportation access, proximity to restaurants, shopping and services, tree-lined streets, waterfront parks with stunning Verrazano Bridge views, and consistent buyer demand, this rare renovation opportunity presents tremendous upside potential for investors, flippers, and discerning homebuyers seeking to transform a historic Brooklyn gem into their personalized dream home.

Please note: All measurements and information has been gathered from Property Shark and should be independently verified.

Listing History for 523 73rd Street

Now
09/12/2025
$1,250,000
Sold and Closed by Natalie Pitta
Corcoran
05/27/2025
Contract Signed by Natalie Pitta
Corcoran

Building Details for 523 73rd Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
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Bay Ridge | Brooklyn

Lush front yards and trimmed hedges are pretty common in Bay Ridge.

Quick Profile

Bay Ridge is an old-world neighborhood neatly tucked into the southwest corner of Brooklyn within the shadows of the Verrazano Bridge. The neighborhood is encircled by the Belt Parkway along the shore line and the Gowanus Expressway inland.

Bay Ridge, long known for its generational pull, has historically been home to a diverse number of ethnic groups. While the area is flush with people of Irish, Italian and Greek descent, these ethnic communities have been joined by larger numbers of new groups, including people with Russian, Polish, Asian and Middle Eastern backgrounds. The Arab American community today in Bay Ridge represents the largest concentration of Arab Americans in New York City.

For many years, Bay Ridge and its waterside location, would attract the affluent. But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.  

Aside from the low-rise apartment buildings, the neighborhood pretty much consists of one and two-family homes. Lush front yards and trimmed hedges are pretty common here.  

Current zoning and limitations on building heights restrict any out of the norm development. At present, the future beholds small development on some of the commercial strips and teardowns of older homes for smaller residential projects.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 100453TH