Skip main navigation
For sale
  • Price cut: $50K (3/3)
    $1,250,000

    482 Ridgewood Ave, Brooklyn, NY 11208

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $1,188,600 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
    206 days
    |
    381
    |
    9
    |

    Zillow last checked: 7 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

        $1,188,600

        $1.13M - $1.25M

        $2,845/mo

        Price history

        Price history
        DateEventPrice
        3/3/2026Price change$1,250,000-3.8%
        Source: Douglas Elliman #906253 Report a problem
        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%
        2021-- $338,400 +14.6%
        2020$13,696 +3.2%$295,200
        2019$13,269 $295,200 +199.7%
        2018-- $98,510 +8%
        2017$11,603 +6.6%$91,222 +8%
        2016$10,882 $84,467
        2015$10,882 +53.9%$84,467 +3.2%
        2014$7,070 $81,831 +8%
        2013-- $75,777 +8%
        2012-- $70,171 +8%
        2011-- $64,975
        2010-- $64,975 +3.2%
        2009-- $62,947 +8%
        2008-- $58,290 +8%
        2007-- $53,978 +8%
        2006-- $49,981
        2005-- $49,981 +3.2%
        2004-- $48,421 +8%
        2003-- $44,839 +8%
        2002-- $41,522 +8%
        2001-- $38,447
        2000-- $38,447

        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.

        Boost your down payment with 6% savings match

        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

        Local experts in 11208

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel