7201 Ridge Boulevard

Bay Ridge, Brooklyn, NY 11209

$14,900,000
Price
78
Beds
59
Baths
46,200 Sq. Ft.
$323 / Sq. Ft.
46,200
Sq. Ft.
$323
per Sq. Ft.

Description

FOR SALE - Fifty Nine (59) Brick Residential Unit Building Prime Corner Bay Ridge, 46,200 Living SF (100x100), Lot is 11,000 SF (100X110). Built in 1926. Corner of Ridge Blvd & 72nd Street, Building has 1 brand new Elevator, 6 stories, R6A Zoning, Dual Boiler for efficiency. Corner of Ridge Blvd & 72nd Street, Building has 1 brand new Elevator, 6 stories, R6A Zoning, Dual Boiler for efficiency. Corner of Ridge Blvd & 72nd Street, Building has 1 brand new Elevator, 6 stories, R6A Zoning, Dual Boiler...

Amenities

  • Elevator
  • Private Outdoor Space
  • Parking Included

Location

Listing Courtesy of Ben Bay Realty Co of Bay Ridge

Property Details for 7201 Ridge Boulevard

StatusActive
MLS ID450670
Days on Market46
Taxes$115,867 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeResidential
Year Built1926
Lot Size11,000 SF / 100' x 110'
CountyKings County

Building

7201 Ridge Blvd

59 Units6 StoriesBuilt in 1926

Contact a Compass agent

Location

Listing Courtesy of Ben Bay Realty Co of Bay Ridge

Virtual Tour

Building Information for 7201 Ridge Boulevard

Stories6Residences59Year Built1926Building Size100' x 100'Building Sq. Ft60,000 SFLot Size11,000 SF / 100' x 110'Building Age-Building Type-

Payment Calculator

$59,590 per month

30 year fixed, 2.95% Interest

Principal and Interest

$49,934

Property Taxes

$9,656

Maintenance/Common Charges

$0

Property Information for 7201 Ridge Boulevard

Summary
    Location and General Information
  • Block: 5907
  • Cross Street Name: 72nd Street
  • Zoning: R6A
  • Roof: Flat
  • Residential Features: Elevator
    Parking
  • Parking Feature Single: None
    Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 115867.0
  • Gross Expense: 271773.0
  • Gross Income: $1,112,544.00
  • Cap Rate: .06%
Property
    Lot Information
  • Sq Ft Total: 46200
  • Yard: Back
  • Lot Number: 6
  • Lot Size Irregular YN: No
  • Lot Size Length: 110
  • Lot Size Width: 100
    Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas, Oil
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 6250.0
  • Fuel Expense: 35469.0
Interior and Exterior Features
    Interior Features
  • Basement Amenities: Finished, Full
  • Baths Three Quarter: 0.0
  • Total Rooms: 186
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood
  • Unit Count: 0
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: Circuit Breakers
    Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: Yes
Multi Family
    Multi-Family Information
  • Building Footprint Sq Ft: 10000.0
  • Building Length: 100.0
  • Building Type: Semi-Detached
  • Building Width: 100.0
Agent
    Agent Information
  • Net Operating Income: 840771.0
    Sale and Listing
  • Sale Type: Arm's Length
Rental
    Rental Information
  • Insurance Expense: 52187.0
  • Owner Occupied: No
  • Rent Income: 1306116.0

Property History for 7201 Ridge Boulevard

DateEvent & SourcePriceAppreciation
Jun 15, 2021

Price Change

BKMLS #450670

$14,900,000
May 24, 2021

Price Change

BKMLS #450670

$16,200,000
Apr 30, 2021

Listed (Active)

BKMLS #450670

$18,500,000
DateEvent & SourcePrice
06/15/2021

Price Change

BKMLS #450670

$14,900,000
05/24/2021

Price Change

BKMLS #450670

$16,200,000
04/30/2021

Listed (Active)

BKMLS #450670

$18,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7201 Ridge Boulevard


SchoolTypeGradesDistanceRating
P.S. 102 The BayviewPublicK-50.0 mi
7
Gateway City AcademyPrivatePK-50.2 mi
NR
Holy Angels Catholic AcademyPrivatePK-80.2 mi
NR
Bay Ridge Preparatory SchoolPrivateK-120.3 mi
NR

P.S. 102 The Bayview

K-5, 0.0 mi, Public

7

Gateway City Academy

PK-5, 0.2 mi, Private

NR

Holy Angels Catholic Academy

PK-8, 0.2 mi, Private

NR

Bay Ridge Preparatory School

K-12, 0.3 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Bay Ridge
Bay Ridge
From the American Revolution to “Saturday Night Fever,” these quiet hills have seen it all. Arriving in Bay Ridge can feel like a step back in time; independent businesses still thrive in this waterfront community devoid of towering developments and downtown hustle.

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7201 Ridge Boulevard is a multi-family home for sale in Bay Ridge, Brooklyn, NY 11209. This property was listed for sale on April 30, 2021 by Ben Bay Realty Co of Bay Ridge at $14,900,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 102 The Bayview, Gateway City Academy and Holy Angels Catholic Academy. 7201 Ridge Boulevard is a 78-bed, 59-bath, 46,200 sqft multi-family home built in 1926. This address can also be written as 7201 Ridge Blvd.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ben Bay Realty Co of Bay Ridge

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY