RealtyLens
for saleRealtyLens property overview
$1,880,000

561 83rd St

Brooklyn, NY, 11209
View more Brooklyn, NY property pages
7Beds
7.5Baths
2,440Sqft
$770$/sqft

Listing Notes

Gut Renovated Multi-Family Home | Bay Ridge | Move-In Ready Welcome to 561 83rd Street, a stunning 2 family home in desirable Bay Ridge, Brooklyn-completely gut-renovated just a few years ago with top-quality materials and modern systems throughout! 1st Floor: 4 Bedrooms | 4 Bathrooms (3 en-suite bedrooms) 2nd Floor: 3 Bedrooms | 3 Bathrooms (2 en-suite bedrooms) Basement: Full finished space, perfect for recreation, extra room, or home office Every unit is self-sufficient with separate boilers and furnaces for maximum efficiency and comfort. Features beautiful hardwood floors, premium tile finishes, bright open layouts, and meticulous attention to detail. The entire home is in excellent condition-new owners simply turn the key and move right in! Enjoy the convenience of a private driveway on a quiet, residential block in family-friendly Bay Ridge, close to transportation, shops, restaurants, parks, and top schools. Ideal for owner occupancy, extended family, or strong rental income potential. A rare, turnkey opportunity in one of Brooklyn's most sought-after neighborhoods-schedule your private tour today!

Market Insights

Above nearby median+37%

$770/sqft vs a nearby median of $562/sqft.

Nearby median$562/sqft
Nearby properties8
Property size2,440 sqft
  • +37% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,440 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.41M$1.28M$1.54M · 50% confidence
vs ask $1.88M+$469k (+24.9%)

Asking price is about 24.9% above where comps + adjustments land — there is room to negotiate.

$562/sqft median across 8 tight comps × 2,440 sqft= $1.37M
  • Pre-war character+$34k +2.5%
  • Transit access+$7k +0.5%
Cumulative NYC adjustments+$41k+3.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+37% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
14 days
Last price change
No change recorded
Listed
Apr 28, 2026
Photos
12 photos
Property type
multi family
Status
for sale
Last sold
Aug 16, 2017 · $1,300,000
Garage
1 space

Features & Amenities

Hardwood FloorsTwo Or More StoriesGarage 1 Or MoreBasementRental PropertyEfficientEnsuiteOpen Concept Floor PlanOpen PlanHome OfficeOfficeDenGame RoomParkShopping

Photos

Building Facts

Year built
1920
Stories
2
Total units
2
Residential units
2
Building area
1,990 sqft
Lot size
2,700 sqft
Land use
One and two family buildings
Building class
B1

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,880,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents17

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)31,931

Top: illegal parking

Top complaint types in ZIP 11209

  • Illegal Parking10,491
  • HEAT/HOT WATER3,297
  • Blocked Driveway2,015
  • Noise - Residential1,876
  • Street Condition776

Recent Transfers (ACRIS)

  • Aug 16, 2017DEED$1,300,000

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.