$10,000 Closing Credit¹
#488081, Listing Office: Keller Williams Realty Empire
$1,425,000 List price
413 88th St Brooklyn, NY 11209
$10,000
Closing credit¹
11 beds
6 full
5,250 sqft
$271 / sqft
Multi-Family
Property details
About 413 88th St
Welcome to this exceptional 6-family property located in Bay Ridge, one of Brooklyn's most vibrant and sought-after neighborhoods. This impressive building spans approximately 5,250 square feet and sits on a spacious 25' x 120' lot, making it an outstanding opportunity for both end-users and investors. The property generates over $120,000 in annual rental income, offering a lucrative return on investment. Don’t miss out on this rare chance to own a prime piece of real estate in one of Brooklyn's hottest locations!
Highlights
Home typeMulti Family
HeatingSteam, Electric
StatusActive
CoolingOther
Size5,250 sqft
BasementYes
Year built1917
MLS #488082
FireplaceOther
Summary
- MLS Number: 488082
- Office Name: Keller Williams Realty Empire
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Last updated on: 3/15/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,425,000
413 88th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 08, 2013 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $449,280 | $20,372 |
| 2023 | $374,400 | $18,866 |
| 2021 | $249,300 | $16,602 |
| 2019 | $290,700 | $16,880 |
| 2018 | $116,082 | $14,297 |
| 2017 | $112,414 | $13,421 |
History based on county public records data.
Nearby schools
7
P.S. 264 Bay Ridge Elementary School For The Arts
Public District KG-5
0.1 mi
•371 89th St
8
P.S. 185 Walter Kassenbrock School
Public District KG-5
0.3 mi
•8601 Ridge Blvd
8
P.S. 127 Mckinley Park School
Public District KG-5
0.5 mi
•7805 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,500. Most Brooklyn, NY residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
33%
35k-100k
22%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
6%
Single, with Kids
15%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Music Concerts
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
Audi
Volkswagen
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 413 88th St in Brooklyn, NY and zip code 11209 in the New Utrecht neighborhood. This 5,250 square foot home was built in 1917. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,425,000.
While more than 41 listings in Brooklyn, NY in February 2025 were sold above asking price, there were more than 162 listings sold at asking price, and more than 158 were sold below. The number of homes for sale in Brooklyn, NY decreased by 3% between January and February 2025. In February 2025 median list price was $995,000 and the average listing age was 132 days.
From Rocket Homes Real Estate and based on county public records data.