Keller Williams, NJMG - Danielle Coletta
1/7
Listing Courtesy Of: Keller Williams Realty Empire, Firas Toum
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,425,000
411 88th Street, Brooklyn, NY 11209
11 Beds
6 Baths
5,250 sq ft
.06 ac
$1,425,000

411 88th Street, Brooklyn, NY 11209

Estimation provided by Keller Williams Realty Inc.
11 Beds
6 Baths
5,250 sq ft
.06 ac
Active
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

Welcome to this exceptional 6-family property in Bay Ridge, one of Brooklyn’s most vibrant and desirable neighborhoods. This remarkable building spans approximately 5,250 square feet and sits on a generous 25' x 120' lot, offering an excellent opportunity for both homeowners and investors alike. With an annual rental income of over $129,000, this property promises solid returns. Apartment 3F will be vacant at closing and can be leased at the legal rate of $2,356, boosting annual income to $135,000 after two-year lease renewals, delivering a strong 7% return on investment.The building features five well-maintained 2-bedroom, 1-bath apartments, plus a 1-bedroom unit on the first floor with exclusive access to a private backyard. Don’t miss this rare chance to own a prime piece of real estate in one of Brooklyn's most sought-after locations!

Property Details

Compare This Home
Overview
Property Type
Multi-Family
Property Size
5,250 sq ft
Year Built
1917
Days on Site
102 Days
HVAC
Steam/Radiator, Gas
Parking
No
Danielle Coletta Properties
Keller Williams, NJMG
1860750

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $1,425,000
Principal + Interest
$0 (0%)
Property Tax
$0 (0%)
Home Insurance
$0 (0%)
HOA/Condo Fee
$0 (0%)
Mortgage Insurance
$0 (0%)
Purchase Price
$
Purchase price has been changed to something other than the currently listed price.
Down Payment
%
$
Interest Rate
%
Loan Type
Property Tax
%
$
Home Insurance /year
$
HOA/Condo Fees /month
$
Mortgage Insurance /month
$
Credit Score
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
02/26/2025
Price Decrease
$1,425,000
(-5%)
12/16/2024
Listed
$1,500,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$19,819
(+8%)
$449,280
Land 8,100 + Additions 441,180
2023
$18,352
(+5.2%)
$374,400
Land 8,100 + Additions 366,300
2022
$17,445
(+9.93%)
$311,850
Land 8,100 + Additions 303,750
2021
$15,869
(-1.65%)
$249,300
Land 8,100 + Additions 241,200
2020
$16,136
(+6.96%)
$363,240
Land 8,100 + Additions 355,140
2019
$15,086
(+10.16%)
$290,700
Land 8,100 + Additions 282,600
2017
$13,695
$112,915
Land 2,014 + Additions 110,901
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

Explore Bay Ridge (90St-Gelston)

Go to Neighborhood

market snapshot

Currently no active listings available that meet the criteria for market statistics calculations.

Nearby Schools

No data to show right now.

No data to show right now.

Disclaimer: This information is provided by Precisely and subject to change. Please check the applicable school district.

Transit & Commute

Estimated commute times from Bay Ridge (90St-Gelston)
Car-Dependent Walkable Very Walkable
Danielle Coletta Properties
Keller Williams, NJMG
1860750

Similar Properties

Properties with similar features, attributes, and price to this current listing
Featured Properties
Sold
New - 2,455 Hours
Open House
$1,425,000
11 bd
6 ba
5,250 sq ft
0.07 ac
413 88th Street, Brooklyn, NY 11209
Listing Courtesy Of: Keller Williams Realty Empire, Firas Toum

This website uses cookies to improve your experience. For more info, read our Cookie Policy. By clicking “Accept” or continuing to use this site, you agree to our use of cookies Terms of Use and Privacy Policy.