237 Bainbridge Street, New York City, NY 11233 - Photo 1

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$3,800,000 Just Listed

For Sale
Active
Multi-Family
8 Total Beds
Updated 5 days ago

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Property Description

237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences. The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.

Full Property Details

Full Property Details for 237 Bainbridge St.

General

Price: $3,800,000
Taxes: $11,208
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20099774
Updated: 6/25/2026
Added to Site: 6 day(s) ago

Interior

Number of Rooms: 23
Interior Features: Smoke Free

Rooms

Bathrooms

Total Bathrooms: 7
Full Bathrooms: 5
Half Bathrooms: 2

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: Building Other

Additional Information

Pool: Yes
Pool Description: Building None

Location

County: Kings
Subdivision: Stuyvesant Heights

Community

Pets Allowed: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air

Structural Information

Structure Type: Townhouse
Basement Desc.: Other
Stories/Levels: 4
Year Built: 2013
Other Struct. Feat.: Green Building

Lot Features

Property View: Other
Lot Size: 3000
Lot Dimensions: 100.00 x 30.00

Financial Considerations

Tax Amount: $11,208

Disclosures and Reports

Special Conditions: Standard
Property ID: 01682-0070
Block: 1682
Lot Number: 70

Listing Courtesy of Douglas Elliman Real Estate

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Listing agents

— 237 Bainbridge St. —

Douglas Elliman Real Estate
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Schools

Schools serving 237 Bainbridge St.

School District:New York City Geographic School District 16

Name	Grades	Distance
Ps 262 El Hajj Malik El Shabazz Elementary School 500 Macon Street, Brooklyn, NY 11233	K-5	0.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 237 Bainbridge St. Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/24/2026

Listed

$3,800,000

1420%

MLS

5/18/2012

Sold

$250,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 237 Bainbridge St.

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,362

—

$881,100

154%

2025

$2,362

—

$347,313

-43%

2024

$2,363

—

$611,820

20%

2023

$2,363

2%

$509,850

20%

2022

$2,318

—

$424,800

25%

2021

$2,318

-2%

$339,750

3%

2020

$2,357

—

$329,850

20%

2019

$2,357

-2%

$274,860

20%

2017

$2,404

—

$229,050

-5%

2017

$2,404

-1%

$241,200

-5%

2016

$2,437

—

$253,800

-20%

2015

$2,435

4172%

$317,250

-39%

2014

$57

-98%

$523,861

2749%

2013

$3,266

—

$18,390

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 237 Bainbridge St.

237 Bainbridge Street, New York City, NY 11233 (MLS# RLS20099774) is a Multi-Family property with 8 units containing 8 bedrooms, 5 full bathrooms and 2 partial bathrooms. 237 Bainbridge Street is currently listed for $3,800,000 and was received on June 24, 2026. Want to learn more about 237 Bainbridge Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

237 Bainbridge St. New York City, NY 11233