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$1,320,000
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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.
Full Property Details
Full Property Details for 233 Bay Ridge Ave
General
- Price: $1,320,000
- Taxes: $8,214
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1027678
- Updated: 8/13/2026
- Added to Site: 52 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Kitchen Island, Open Kitchen, Other, Primary Bathroom
- Flooring: Hardwood
Parking
- Parking Features: None
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 20
- Elementary School: Ps 102 Bayview (The)
- Middle School: Jhs 259 William Mckinley
- High School: Fort Hamilton High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 1648
- Square Feet: 1,648
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.0421
- Lot Size (Sq. Ft.): 1,833
Financial Considerations
- Tax Amount: $8,214.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 05862-0073
Listed by Keller Williams NYC
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Schools
Schools serving 233 Bay Ridge Ave
School District:New York City Geographic School District 20
| Name | Grades | Distance |
|---|---|---|
Ps 102 The Bayview 211 72nd Street, Brooklyn, NY 11209 | K-5 | 0.1 mi |
Jhs 259 William Mckinley 7305 Fort Hamilton Parkway, Brooklyn, NY 11228 | 6-8 | 1 mi |
Fort Hamilton High School 8301 Shore Road, Brooklyn, NY 11209 | 9-12 | 0.9 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 233 Bay Ridge Ave
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$1,320,000
-0.75%
MLS
7/17/2026
Listed
$1,330,000
122.04%
MLS
4/14/2010
Sold
$599,000
—
Public Record
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 233 Bay Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,408
—
$72,600
68%
2025
$8,408
6%
$43,282
-25%
2024
$7,923
6%
$58,020
1%
2023
$7,491
5%
$57,420
9%
2022
$7,126
-52%
$52,800
2%
2021
$14,784
101%
$51,540
-17%
2020
$7,339
6%
$62,460
26%
2019
$6,908
17%
$49,680
54%
2017
$5,909
—
$32,246
6%
2017
$5,909
2%
$30,456
—
2016
$5,779
4%
$30,456
1%
2015
$5,568
9%
$30,057
6%
2015
$5,129
11%
$28,365
6%
2013
$4,620
—
$26,872
—
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 233 Bay Ridge Ave
233 Bay Ridge Avenue, Brooklyn, NY 11220 (MLS# 1027678) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 233 Bay Ridge Avenue is currently listed for $1,320,000 and was received on July 17, 2026. Want to learn more about 233 Bay Ridge Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

