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for saleRealtyLens property overview
$1,299,000
413 88th St
Brooklyn, NY, 11209
View more Brooklyn, NY property pages11Beds
6Baths
5,250Sqft
$247$/sqft
Listing Notes
Welcome to this exceptional 6-family property located in Bay Ridge, one of Brooklyn's most vibrant and sought-after neighborhoods. This impressive building spans approximately 5,250 square feet and sits on a spacious 25' x 120' lot, making it an outstanding opportunity for both end-users and investors. The property generates over $135,000 in annual rental income, offering a lucrative return on investment. Don't miss out on this rare chance to own a prime piece of real estate in one of Brooklyn's hottest locations!
Market Insights
Below nearby median-56%
$247/sqft vs a nearby median of $562/sqft.
Nearby median$562/sqft
Nearby properties8
Property size5,250 sqft
- -56% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 5,250 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.05M$2.78M – $3.33M · 50% confidence
vs ask $1.30M−$1.75M (−134.9%)
Asking price is about 134.9% below the fair value — likely to draw competing offers if it's still on market.
$562/sqft median across 8 tight comps × 5,250 sqft= $2.95M
- Transit access+$118k +4.0%
- Days-on-market gravity−$88k −3.0%
- Pre-war character+$74k +2.5%
Cumulative NYC adjustments+$103k+3.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 512 days
- Last price change
- No change recorded
- Listed
- Dec 16, 2024
- Photos
- 8 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Hardwood FloorsRental Property
Photos
Building Facts
- Year built
- 1917
- Stories
- 3
- Total units
- 6
- Residential units
- 6
- Building area
- 5,250 sqft
- Lot size
- 3,034 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C2
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,299,000for sale
Public Records
DOB violations0 open
1 total recorded against the building
HPD violations0 open
7 total recorded
ACRIS documents15
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 DOB
- Dec 13, 2011V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Nov 17, 2023Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Oct 15, 2018Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Mar 24, 2013Class B · § 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNRISE ON THE DAY FO...
- Jul 27, 1984Class A · D26-41.15 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING.
Recent Transfers (ACRIS)
- Jan 8, 2013DEED$800,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.