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For sale
  • Price cut: $50K (12/11)
    $1,300,000

    482 Ridgewood Ave, Brooklyn, NY 11208

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $1,291,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 propertys 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
    161 days
    |
    244
    |
    5
    |

    Zillow last checked: 8 hours ago

    Listing by:

    Douglas Elliman 917-470-1053,

    Devaykanan Rishudeo

    Source: Douglas Elliman,MLS#: 906253MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has basement: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 3
    Lot
    • Size: 2,613.6 Square Feet
    Details
    • Parcel number: 041320035

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • Year built: 1915

    Community & HOA

    Community
    • Subdivision: Brooklyn Other
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $613,200
    • Annual tax amount: $17,290
    • Date on market: 8/27/2025
    • Lease term: Contact For Details

    Estimated market value

    $1,291,300

    $1.23M - $1.36M

    $2,835/mo

    Price history

    Price history
    DateEventPrice
    12/11/2025Price change$1,300,000-3.7%
    Source: Douglas Elliman #906253 Report a problem
    8/28/2025Listed for sale$1,350,000
    Source: Douglas Elliman #906253 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$17,290 $275,940 +20%
    2023-- $229,950 -20%
    2022-- $287,550 -15%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating

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