1 month on rocket

522 Bay Ridge Ave, Brooklyn, NY, 11220

$1,825,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
4,800 SqFt
$380/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

522 Bay Ridge Ave, Brooklyn$1,825,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1931
HeatingOther, Natural Gas
BasementYes
FireplaceStove
MLS #480535
StatusActive

About 522 Bay Ridge Ave

This immaculate 6-family, rent stabilized & fully occupied brick building in Bay Ridge, is a stunning gem that boasts both a convenient location and functionality. Located in one of Brooklyn's most desirable neighborhoods, this meticulously maintained building demonstrates true pride of ownership and attention to detail. Upon entering the building, you are greeted by a tastefully decorated, well lit and well-maintained entry. Each of the six 1 bedroom/1 bath units within the building offers a spacious and thoughtfully designed layout, with an open kitchen. The apartments feature hardwood flooring. The large windows allow for an abundance of natural light to fill the rooms, making them feel bright and airy. The kitchens in each unit are equipped with all up to date appliances, modern cabinetry, and ample counter space. The bathrooms are equally modern. The heat is under the maintenance of the owner, who currently lives on the premises, and holds the temperature at 73 degrees in the winter, well in excess of NYC building requirements. Residents of this immaculate 6-family brick building are extremely content, with a couple of them having lived there for awhile. The building is also equipped with a secure intercom system and video surveillance, ensuring the safety and security of all residents. The location of this building is another standout feature. Bay Ridge, Brooklyn is known for its vibrant community, excellent schools, and a wide array of dining and entertainment options. The neighborhood offers easy access to public transportation, making it a breeze to explore all that Brooklyn and New York City have to offer. Whether you're looking for an immaculate and functional investment property or a place to call home, this building is sure to exceed your expectations. Well rents and the boiler are registered. Contact me for all the numbers.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 3
  • Living Area: 4,800 SqFt

Listing Office:

  • Office Name: RE/MAX Elite

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Patio Garden

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Other, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,825,000
  • Price Per SqFt: $380/SqFt

Tax Information:

  • Annual Amount: $16,887
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

522 Bay Ridge Ave vs Brooklyn

42 DAYS ON ROCKET

-55 Days

$1,825,000

+$867.6K More

$380/SqFt

-$304 Less

KEY TAKEAWAY

This property is $867.6K more than the Median Sold Price and $304/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480535

Listing Office:

  • Office Name: RE/MAX Elite

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 12:55:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$16,887$497,880
2019$16,886$495,450
2018$14,512$131,770
2017$7,069$128,727

History based on county public records data.

Payment Calculator

$9,176

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,538

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-971309
9
/10
  • Ralph A Fabrizio School

  • 415 Ovington Ave

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-971310
5
/10
  • School of Math, Science and Healthy Living

  • 6214 4th Ave

  • 0.44 miles

  • Public District Grades PK-3

school-card-donut-971311
7
/10
  • PS 102 The Bayview

  • 211 72nd St

  • 0.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,732. Most Brooklyn, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›Brooklyn›11220›522 Bay Ridge Ave

This home is located at 522 Bay Ridge Ave in Brooklyn, NY and zip code 11220 in the New Utrecht neighborhood. This 4,800 square foot home was built in 1931. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,825,000.

In March 2024, from all listings sold in Brooklyn, NY there were more than 39 sold above asking price, over 151 sold below and more than 179 were sold right at the asked price. The number of listings in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 97 days, the median list price was $957,365.

From Rocket Homes Real Estate and based on county public records data.

More Resources