$10,000 Closing Credit¹
#487327, Listing Office: Compass Greater New York, LLC
$10,000
closing credit¹
522 Bay Ridge Ave Brooklyn, NY 11220
$1,625,000 List price
$10,000
Closing credit¹
6 beds
6 full
4,800 sqft
$339 / sqft
Multi-Family
Property details
About 522 Bay Ridge Ave
This 6-family, rent-stabilized brick building in Bay Ridge, Brooklyn, is a well-maintained gem featuring 1/1-Bedroom + 5/2-bedroom/1-bath units. Each unit has a spacious layout with modern kitchens and bathrooms, hardwood flooring, and large windows providing natural light. The building is equipped with a secure intercom system and video surveillance. Located in a vibrant neighborhood with excellent schools, dining, and entertainment options, the building offers easy access to public transportation, making it an ideal investment or home. Projected Annual Rent Roll $146,000 making this one of the most desirable six-family on the market today!
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size4,800 sqft
BasementYes
Year built1931
ParkingOther, Street
MLS #486703
FireplaceStove
Summary
- MLS Number: 486703
- Office Name: RE/MAX Real Estate Professiona
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Last updated on: 1/20/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,625,000
522 Bay Ridge Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $497,880 | $16,886 |
| 2019 | $495,450 | $16,886 |
| 2018 | $131,770 | $14,512 |
| 2017 | $128,727 | $7,068 |
History based on county public records data.
Nearby schools
8
Ralph A. Fabrizio School
Public District KG-5
0.2 mi
•619 72nd St
6
School Of Math, Science, And Healthy Living
Public District KG-5
0.4 mi
•6214 4th Ave
8
P.S. 102 Bayview School
Public District KG-5
0.5 mi
•211 72nd St
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 $51,732. The majority of Brooklyn, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
45%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
7%
Single, with Kids
16%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
Audi
Toyota
Volkswagen
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 522 Bay Ridge Ave in Brooklyn, NY and zip code 11209 in the New Utrecht neighborhood. This 4,800 square foot home was built in 1931. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $1,625,000.
Brooklyn, NY housing market in December 2024 saw over 40 listings sold above listed price, more than 257 sold at listed price and over 178 sold below. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November. While the average time on the market in December 2024 was 88 days, the median list price was $987,395.
From Rocket Homes Real Estate and based on county public records data.