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237 Bainbridge Street

Stuyvesant Heights, Brooklyn, NY 11233

$3,800,000
  • 23 Rooms
  • 8 Bedrooms
  • 5 Bathrooms / 2 Half

237 Bainbridge Street
Stuyvesant Heights, Brooklyn, NY 11233

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Property Type

    Multi Family

  • Views

    Other

  • Central AC

    Yes

  • Pets Allowed

    Yes

  • Year Built

    2013

  • RE Tax

    $11,208

Listing courtesy of Shai Bernstein of Douglas Elliman Real Estate.

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.

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  • Bathrooms Total

    6

  • Bathrooms (Full)

    5

  • Bathrooms (Half)

    2

  • Bedrooms Total

    8

  • City Region

    Brooklyn

  • MLS #

    Rls20099774

  • Neighborhood

    Stuyvesant Heights

  • Pool Features

    Building None

  • Property Type

    Multi Family

  • Year Built

    2013

  • Building Features

    Green Building

  • Building Smoke Free

    Yes

  • Laundry Features

    Building Other

  • Building Area Total

    1650

  • Entry Level

    1

  • Structure Type

    Townhouse

  • Total Number of Units

    8

  • Total Stories

    4

  • Year Built

    2013

  • Pets Allowed

    Yes

  • Neighborhood

    Stuyvesant Heights

  • View

    Other

  • Annual Taxes

    $11,208

  • Basement

    Other

  • Cooling

    Yes - Central Air

  • Interior Features

    Smoke Free

  • Total Rooms

    23

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $934

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

237 Bainbridge Street

Location

Nearby Transit

  • A C

    at Utica Av

    0.22 miles

Data courtesy of LocalLogic.co

Bedford-Stuyvesant
Neighborhood

Bedford-Stuyvesant

Bedford-Stuyvesant, commonly known as Bed-Stuy, is a large residential neighborhood in central Brooklyn known for its historic brownstone streetscapes and strong architectural identity. The area features a mix of preserved 19th- and...

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237 Bainbridge Street

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Last Updated: Jul 2, 2026 at 4:11 AM


RLS Data displayed by Brown Harris Stevens