| ID # | RLS20099774 |
| Details | 8 bed, 5 bath, 2 half bath, 8 Units in the building, Building has 4 floors (DOM): 3 days |
| Construction Year | 2013 |
| Taxes (per year) | $11,208 |
| Bus | 1 min: B46 |
| 3 min: B25 | |
| 4 min: B26 | |
| 5 min: B47 | |
| 7 min: B15 | |
| 8 min: B65 | |
| 10 min: B52 | |
| Subway | 4 min: A, C |
| LIRR | 1.1 miles: "Nostrand Avenue" |
| 1.4 miles: "East New York" | |
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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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved.







