Fully Occupied, Cash-Producing Townhouse | Strong In-Place Rents | Established Rental Income
62 Bainbridge Street offers investors the opportunity to acquire a cash-producing Brooklyn townhouse with strong in-place rents and an established tenant base. The property is a legal three-family currently configured and operated as four apartments and is being sold as-is with paying tenants in place.
Located on a beautiful tree-lined cul-de-sac in historic Stuyvesant Heights, this four-story townhouse combines classic Brooklyn character with ongoing rental income. The first two floors are occupied by month-to-month tenants, while the top two floors have recently signed one-year leases, providing a mix of tenancy flexibility and committed rental terms.
For buyers seeking an operating investment property, the appeal is immediate: existing tenants and rental income from day one. Its location near the A and C trains at Utica Avenue, neighborhood restaurants, cafés, and everyday conveniences adds to its long-term rental appeal.
The legal three-family designation and existing four-apartment configuration are disclosed for buyers to evaluate during due diligence.
Income and expense sheets and video tours of each apartment are available upon request. Contact us to review the financials and arrange a viewing.
Active
$1,995,000
62 Bainbridge St, Brooklyn, NY 11233
5beds
3,124sqft
Multi Family
Built in 1901
-- sqft lot
$1,971,900 Zestimate®
$639/sqft
$-- HOA
What's special
Classic brooklyn characterFour-story townhouseTree-lined cul-de-sac
- 159 days
- 446
- 20
Zillow last checked:
Listing updated:
Listed by:
EXP Realty NYC 631-627-4837,
Wilson Zorrilla
Source: StreetEasy,MLS#: S1826204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total structure area: 3,124
- Total interior livable area: 3,124 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: Garden
Details
- Parcel number: 016840030
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Stuyvesant Heights
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $639/sqft
- Tax assessed value: $1,947,000
- Annual tax amount: $4,884
- Date on market: 5/5/2026
Estimated market value
$1,971,900
$1.87M - $2.07M
$4,316/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $1,995,000-11.3%$639/sqft |
Source: StreetEasy #S1826204 Report a problem | ||
| 8/4/2026 | Listing removed | $2,250,000$720/sqft |
Source: StreetEasy #S1826204 Report a problem | ||
| 7/7/2026 | Price change | $2,250,000-2%$720/sqft |
Source: StreetEasy #S1826204 Report a problem | ||
| 5/5/2026 | Listed for sale | $2,295,000+170.3%$735/sqft |
Source: StreetEasy #S1826204 Report a problem | ||
| 6/21/2016 | Listing removed | $2,200$1/sqft |
Source: Citi Habitats Report a problem | ||
| 3/9/2016 | Listed for rent | $2,200-17%$1/sqft |
Source: Citi Habitats Report a problem | ||
| 11/21/2015 | Listing removed | $2,650$1/sqft |
Source: Warren Lewis, Sotheby's International Report a problem | ||
| 10/22/2015 | Price change | $2,650+6.2%$1/sqft |
Source: Warren Lewis Sotheby's International Report a problem | ||
| 9/25/2015 | Listed for rent | $2,495+42.6%$1/sqft |
Source: Danrich family homes Report a problem | ||
| 4/8/2014 | Listing removed | $1,750-2.8%$1/sqft |
Source: Rapid Realty Report a problem | ||
| 12/14/2013 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 8/22/2011 | Listing removed | $849,000$272/sqft |
Source: The Corcoran Group #2139830 Report a problem | ||
| 7/1/2011 | Price change | $849,000-0.7%$272/sqft |
Source: The Corcoran Group #2139830 Report a problem | ||
| 2/17/2011 | Listed for sale | $855,000$274/sqft |
Source: The Corcoran Group #2139830 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,877 +4.6% | $116,820 +26.5% |
| 2024 | $4,663 | $92,340 -13.7% |
| 2023 | -- | $106,980 +25% |
| 2022 | -- | $85,560 +29.5% |
| 2021 | -- | $66,060 -12.8% |
| 2020 | $4,335 +5.9% | $75,720 +5.5% |
| 2019 | $4,095 +1.2% | $71,760 +270.9% |
| 2018 | $4,047 +3.6% | $19,347 +0.9% |
| 2017 | $3,907 +10.4% | $19,166 +5.9% |
| 2016 | $3,537 | $18,091 +6% |
| 2015 | $3,537 +62.2% | $17,067 +5.9% |
| 2014 | $2,181 | $16,123 |
| 2013 | -- | $16,123 +0.9% |
| 2012 | -- | $15,972 +5.9% |
| 2011 | -- | $15,076 +6% |
| 2010 | -- | $14,223 +5.9% |
| 2009 | -- | $13,436 |
| 2008 | -- | $13,436 +0.9% |
| 2007 | -- | $13,310 +5.9% |
| 2006 | -- | $12,564 +6% |
| 2005 | -- | $11,853 +5.9% |
| 2004 | -- | $11,197 |
| 2003 | -- | $11,197 +0.9% |
| 2002 | -- | $11,092 +5.9% |
| 2001 | -- | $10,470 +6% |
| 2000 | -- | $9,878 |
Find assessor info on the county website







