$1,049,000 $1,099,000
Updated a day ago

437 Bay Ridge Ave

Bay Ridge, Brooklyn | 4th Ave & 5th Ave

6 Baths4,125 Square FeetMulti-Family

$1,049,000 $1,099,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x55'
ZoneR5B
Building TypeHouse
RE Taxes$19,122
Price Per SF
$254

Property Description for 437 Bay Ridge Ave

437 Bay Ridge Avenue presents a well-maintained, fully occupied six-family building located in the heart of Bay Ridge, Brooklyn. This asset offers stable in-place income with strong upside potential, making it an ideal opportunity for both seasoned investors and end-users seeking long-term appreciation in a highly desirable neighborhood. Positioned in a vibrant, amenity-rich area, the property benefits from strong rental demand driven by accessibility, retail corridors, and public transportation. Gross Income is $103,152; Total Annual Expenses are $37,040; Net Operating Income (NOI) is $66,112. This property is being offered at 6.10% CAP Rate. Seller is motivated to sell, present all offers.

Listing History for 437 Bay Ridge Ave

Now
05/07/2026
$1,049,000 [-$50,000] [4.5%]
Price Drop by John Koulouroudis
Ben Bay Realty Company
03/27/2026
$1,099,000
Initial Price by John Koulouroudis
Ben Bay Realty Company

Building Details for 437 Bay Ridge Ave

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

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 But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.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: 105364TH