$2,450,000
OPEN THU 5PM - 6PM

Estimated payment $15,156/month

-- Bed
-- Bath
4,560 Sq Ft
$537 Price per Sq Ft

Highlights

  • Wood Flooring
  • P.S. 185 Walter Kassenbrock Rated A
  • Back Yard

About This Home

Excellent investment opportunity to own a mixed-use building featuring 5 residential units plus 1 commercial storefront in a high-traffic location. Renovated in 2016 and maintained in excellent condition, this income-producing property consists of an established nail salon on the ground floor along with five residential apartments featuring a mix of 1-bedroom and 2-bedroom layouts. The property offers strong in-place income, making this an attractive opportunity for investors seeking strong cash flow and long-term appreciation. The commercial tenant contributes part of the real estate taxes. Apartments feature updated kitchens and bathrooms, spacious layouts, and excellent natural light. Separate gas and electric meters provide added efficiency and convenience. The building also includes a large, clean basement with updated mechanicals and ample storage space. Located in Bay Ridge surrounded by supermarkets, restaurants, banks, and everyday conveniences. Easy access to transportation including the N/R subway lines and B16/B70 bus routes with convenient access to Manhattan and Downtown Brooklyn. Ideal for investors, end users seeking supplemental income, or a 1031 exchange buyer. Rare opportunity to acquire a turnkey mixed-use asset. All offers submitted with mortgage pre approval and/or proof of funds.

Listing Agent

May Lan

RE/MAX Edge License #10401301168 Listed on: 05/28/2026

RE/MAX Edge

Co-Listing Agent

Josephine Sabatino

RE/MAX Edge

Open House Schedule

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $25,835

Year Built

  • Built in 1925

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 20x90
  • Back Yard
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,560 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Gas
  • 200+ Amp Service

Listing and Financial Details

  • Tax Block 6085

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $7,924
  • Insurance Expense $10,270
  • Utility Expense $968
  • Gross Income $162,636
  • Net Operating Income $110,977

Property Details

Property Type

Other

Est. Annual Taxes

$25,835

Year Built

Built in 1925

Lot Details

1,800 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 76.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 91st street
  • Heat Delivery: Hot Air
  • Number Of Families: 5
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4560
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Year Built: 1925
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1800

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 38
  • Roof: Flat

Utilities

  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 7924.00

Lot Info

  • Lot Dimensions: 20x90
  • Lot Size Irregular: No
  • Lot Size Length: 90
  • Lot Size Width: 20
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 51659.00
  • Annual Gross Income: 162636
  • Insurance Expense: 10270.00
  • Property Net Operating Income: 110977.00
  • Unit Count: 6
  • Annual Utility Expenses: 968.00

Tax Info

  • Flip Tax Amount: 25835.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $25,962 $383,850 $58,950 $324,900
2025 $24,847 $319,950 $58,950 $261,000
2024 $24,847 $266,760 $58,950 $207,810
2023 $22,640 $333,450 $58,950 $274,500
2022 $21,700 $337,950 $11,700 $326,250
2021 $20,433 $397,800 $11,700 $386,100
2020 $9,301 $433,800 $11,700 $422,100
2019 $18,583 $437,850 $11,700 $426,150
2018 $17,353 $136,433 $3,590 $132,843
2017 $17,353 $136,433 $4,125 $132,308
2016 $16,518 $128,128 $4,108 $124,020
2015 $10,573 $118,638 $4,069 $114,569
2014 $10,573 $113,344 $4,296 $109,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 For Sale $2,450,000 -- $537 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase 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 Type Sale Price Title Company
Deed $1,460,000 --
Deed $437,500 --
Deed $295,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $265,000 Seller Take Back
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 501727

Brooklyn Board of REALTORS®

APN: 06085-0038

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