$1,999,999 $2,250,000
Updated 21 hours ago
Price drop

316 84th Street

Bay Ridge, Brooklyn | 3rd Ave & 3rd Ave

12 Rooms6 Beds4 Baths2,458 Square FeetMulti-Family

$1,999,999 $2,250,000
floors / apts2 / 4
Lot Size24'x100'
Built Size20'x58'
ZoneR4-1
Building TypeHouse
RE Taxes$18,204
Price Per SF
$814

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Driveway
  • Garage
  • Garden

Property Description for 316 84th Street

Prime Bay Ridge 4-Family Investment Opportunity An exceptional opportunity to own a substantial semi-attached brick four-family property in the heart of Bay Ridge—one of Brooklyn’s most established and highly sought-after neighborhoods. Perfectly positioned near shopping, dining, parks, schools, and convenient transportation, this well-maintained income-producing property offers an outstanding combination of immediate rental income, future upside, and owner-occupant flexibility. The property features four free-market apartments with a desirable and versatile layout: a spacious garden-level apartment, two apartments on the first floor, and a top-floor apartment complete with its own private balcony. Two units are currently occupied and two will be delivered vacant, creating a rare opportunity for an investor to set new rents or for an owner to move in while collecting income from the remaining apartments. Additional highlights include a shared driveway, a detached two-car garage, washer and dryer, multiple outdoor spaces, and strong rental potential in a neighborhood where quality multi-family properties are always in demand. Whether you’re looking to expand your real estate portfolio, generate substantial rental income, or live in one unit while your tenants help offset your expenses, this property offers tremendous possibilities in a prime Bay Ridge location. A rare multi-family opportunity offering income, flexibility, parking, and long-term investment potential—all in one of Brooklyn’s most desirable neighborhoods.

Listing History for 316 84th Street

Now
10/07/2026
$1,999,999 [-$250,001] [11.1%]
Price Drop by Athena Salavantis
Compass
09/01/2026
$2,250,000
Initial Price by Athena Salavantis
Compass

Building Details for 316 84th Street

OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1926
Floors/Apts2/4
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: 104941TH