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.
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
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Estimated Payment
$ 4,032.42 per month $2,960.00 Principal & Interest $684.50 Property Tax $387.92 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams NYC
Agency Contact: 212-301-1140
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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 www.laffey.com today.