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$ 1,199,000
Est. payment | /mo
6 Baths
5,760 SqFt
$ 1,199,000
Est. payment | /mo
6 Baths
5,760 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $208
MLS Listing ID 501163
Full Baths 6
Year Built 1931
Annual Tax Amount $24,709
Property Sub-Type Multi-Family
Property Description
Welcome to 555 80th Street, a solid six-family investment property in the heart of Bay Ridge Brooklyn—one of Brooklyn's most established and consistently in-demand neighborhoods. Built in 1931 and offering approximately 5,760 square feet of living space on a 2,442 square foot lot, this three-story attached building presents a rare opportunity to own a well-maintained, income-producing asset.
The property consists of six residential units, each configured with four rooms including two bedrooms and one full bath. All apartments are rent stabilized, providing consistent occupancy and reliable long-term income. The building offers a strong operating profile, making it an ideal addition to any investment portfolio.
This asset presents more than just stability—it offers clear potential for future growth. With several units currently below market levels, there is opportunity to increase returns over time through legal rent adjustments and turnover.
Positioned on a prime Bay Ridge block, the property benefits from close proximity to shopping, dining, transportation, and neighborhood amenities that continue to drive demand in this highly desirable location.
Whether you're expanding your portfolio or securing a foothold in Brooklyn multifamily, 555 80th Street is a smart, stable investment with long-term upside.
The property consists of six residential units, each configured with four rooms including two bedrooms and one full bath. All apartments are rent stabilized, providing consistent occupancy and reliable long-term income. The building offers a strong operating profile, making it an ideal addition to any investment portfolio.
This asset presents more than just stability—it offers clear potential for future growth. With several units currently below market levels, there is opportunity to increase returns over time through legal rent adjustments and turnover.
Positioned on a prime Bay Ridge block, the property benefits from close proximity to shopping, dining, transportation, and neighborhood amenities that continue to drive demand in this highly desirable location.
Whether you're expanding your portfolio or securing a foothold in Brooklyn multifamily, 555 80th Street is a smart, stable investment with long-term upside.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R4-1
Rooms
Basement Full
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Asphalt/Tar
Handicap Access No
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Triolo Realty Group Inc
NEARBY SCHOOL & BUSINESS
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