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233 Bay Ridge Avenue, Brooklyn, NY 11220

$1,330,000
  • 233 Bay Ridge Avenue, Brooklyn, NY 11220 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1027678
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 20

Property Description

Exceptional Two-Family Home (with conversion potential) in Desirable Northern Bay Ridge.This distinguished two-family residence at 233 Bay Ridge Avenue offers an outstanding investment or owner-occupancy opportunity in one of Brooklyn's most sought-after neighborhoods with significant development potential.The building comprises two spacious apartments, each offering approximately 1,000 square feet of thoughtfully designed living space. One unit is delivered vacant, providing flexibility for immediate owner occupancy or tenant placement. Each apartment features two generous bedrooms plus a versatile bonus room, well-appointed kitchens with granite-topped islands, abundant storage solutions, and full-size appliances.The property includes an additional asset of an above-grade basement that may present conversion opportunities under recent New York City zoning modifications, City's Local Law 126/127 Pilot Program, regarding residential space development. This feature could enhance property value and income potential through potential legal conversion into additional residential space.Prospective buyers should engage qualified architects and verify compliance with all local zoning requirements with the Department of Buildings before considering any basement conversion projects.Located in the prime section of Northern Bay Ridge, residents enjoy proximity to Owl's Head Park and Shore Road Park, offering waterfront recreation and harbor views. The vibrant community provides excellent dining options, convenient shopping one block away, and dog park facilities. The R train station at Bay Ridge Avenue ensures effortless Manhattan connectivity.This intimate two-family home combines rental income potential with neighborhood charm, making it an exceptional acquisition for investors or owner-operators seeking Bay Ridge's established community appeal.Schedule your viewing today.

233 Bay Ridge Avenue | MLS# 1027678

This multi-family property located at 233 Bay Ridge Avenue, Brooklyn, NY 11220 is currently listed for sale with an asking price of $1,330,000. Bay Ridge Avenue is located within the Brooklyn 20 school district. Search Brooklyn real estate on lraider.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Radiant, Other
Lot Size: 0.04 Acres
Taxes: $8,214
Year Built: 1925

Amenities

Eat-in Kitchen
Kitchen Island
Open Kitchen
Other
Primary Bathroom

Feature Descriptions

Building Area Total: 1648
Exterior: Brick
Flooring: Hardwood
On Market Date: 2026-07-17
Parcel Number: 05862-0073
Parking Features: None
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Water: Public

Local Schools

High School: Fort Hamilton High School
Middle School: Jhs 259 William Mckinley
Elementary School: Ps 102 Bayview (The)
School District: Brooklyn 20

Estimate Your Payment

Estimated Payment

$ 7,797.62 per month $6,725.20 Principal & Interest $684.50 Property Tax $387.92 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: Keller Williams NYC
Agency Contact: 212-301-1140

agent picture

Shown By

Agent Name: Lindsay Raider
Agent Phone: (914) 826-6142
Agency Title: Coldwell Banker American Homes

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