482 Ridgewood Ave, Brooklyn, NY, 11208
About This Home
Solid all-brick six-family corner investment property in East New York, Brooklyn. This income-producing asset offers six 1-bedroom units, a finished basement, and a rare private 4-car garage, creating multiple layers of value for investors and multi-family buyers.Located near the J/Z subway lines, B13 and B26 buses, shopping, restaurants, grocery stores, Highland Park, and neighborhood conveniences, the property benefits from strong rental demand and easy commuter access throughout Brooklyn and Manhattan.Whether you are looking to expand your portfolio, complete a 1031 exchange, or secure a long-term Brooklyn income property, this is a strong opportunity with immediate rental appeal and future upside. Schedule a private tour and review the opportunity.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1915
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 041320035
Features
- Stories: 3
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,182 | $62,184 |
| Home Insurance * | $375 | $4,500 |
| Property Taxes | $478 | $5,736 |
| Electricity | $246 | $2,954 |
| Total | $6,281 | $75,372 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $1,025,000 |
| 2026-04-28 | Listing removed | $1,250,000 |
| 2026-03-03 | Price change | $1,250,000 |
| 2025-12-11 | Price change | $1,300,000 |
| 2025-08-28 | Listed for sale | $1,350,000 |
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