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$1,300,000
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Property Description
Introducing a solid, all-brick six-family investment property located in the vibrant East New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for investors seeking strong returns and long-term value. The building consists of six (1-bedroom) apartments, each well-proportioned and maintaining consistent rental demand. Additional highlights include a finished basement for versatile use and a private 4-car garage, providing rare convenience and enhancing the property's overall value. Ideally situated on the corner of Ridgewood Avenue, the property enjoys close proximity to major transportation options, including the J & Z subway lines as well as B13 and B26 bus routes, ensuring easy commutes throughout Brooklyn and beyond. The neighborhood is bustling with amenities such as shopping centers, restaurants, and grocery stores, while recreational and educational needs are met by Highland Park and Community School District 19. This property presents a remarkable turnkey investment in a strong rental market with immediate income potential and continued growth opportunities
Full Property Details
Full Property Details for 482 Ridgewood Ave
General
- Price: $1,300,000
- Taxes: $17,844
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 906253
- Updated: 12/12/2025
- Added to Site: 142 day(s) ago
Rental Information
- Complex Features: Ceiling Fan(s), Walk Up
Interior
- Appliances: Electric Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven
- Flooring: Hardwood
Additional Information
- Amenities: Other, Park, Playground, Sidewalks
- Security/Safety: Building Security
Parking
- Total Spaces: 4
- Parking Features: Attached
Location
- County: Kings (Brooklyn)
- Cross Streets: Eldert Ln
- Driving Directions: Introducing a solid, all-brick six-family investment property located in the vibrant E.New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for investors seeking strong returns and long-term value. The building consists of six 1-bed apts, each well-proportioned and maintaining consistent rental demand. With finished bsmt. And 4-car garage, providing rare convenience and enhancing the property’s overall value. Ideally situated on the corner of Ridgewood Avenue, the property enjoys close proximity to major transportation options, including the J & Z subway lines as well as B13 and B26 bus routes, ensuring easy commutes throughout Brooklyn and beyond. The neighborhood is bustling with amenities such as shopping centers, restaurants, and grocery stores, while recreational and educational needs are met by Highland Park and Community School District 19. This property presents a remarkable turnkey investment in a strong rental market
School Information
- High School District: Contact Agent
- Elementary School: Ps 159 Isaac Pitkin
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Common, Finished, Full Basement
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 4590
- Square Feet: 4,590
- Year Built: 1915
Lot Features
- Property View: City
- Lot Size (Acres): 0.0626
- Lot Size (Sq. Ft.): 2,725
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: R-5
- Fencing (Description): Fenced
Financial Considerations
- Taxes Include: Sewer
- Tax Amount: $17,844
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- Property ID: 04132-0035
- Block: 4132
- Lot Number: 35
Listed by Douglas Elliman Real Estate
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Schools
Schools serving 482 Ridgewood Ave
School District:New York City Geographic School District 19
| Name | Grades | Distance |
|---|---|---|
Ps 7 Abraham Lincoln 858 Jamaica Avenue, Brooklyn, NY 11208 | K-5 | 0.3 mi |
Highland Park Community School 528 Ridgewood Avenue, Brooklyn, NY 11208 | 6-8 | 0.1 mi |
Is 171 Abraham Lincoln 528 Ridgewood Avenue, Brooklyn, NY 11208 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 482 Ridgewood Ave
Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$1,300,000
-3.7%
MLS
8/27/2025
Listed
$1,350,000
—
MLS
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 482 Ridgewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,844
3%
$142,749
-48%
2024
$17,290
8%
$275,940
20%
2023
$16,010
10%
$229,950
-20%
2022
$14,547
8%
$287,550
-15%
2021
$13,470
-2%
$338,400
15%
2020
$13,696
3%
$295,200
—
2019
$13,269
14%
$295,200
200%
2017
$11,603
—
$98,510
8%
2017
$11,603
7%
$91,222
8%
2016
$10,889
—
$84,467
—
2015
$10,882
10%
$84,467
3%
2014
$9,900
5%
$81,831
8%
2013
$9,426
—
$75,777
—
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 482 Ridgewood Ave
482 Ridgewood Avenue, Brooklyn, NY 11208 (MLS# 906253) is a Commercial property. 482 Ridgewood Avenue is currently listed for $1,300,000 and was received on August 27, 2025. Want to learn more about 482 Ridgewood Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

