Contacts

Joseph Giordano

Coldwell Banker Commercial Reliable Real Estate

Property Details

Property Type Multi-Family
Property Size 5,400 SF
Units 6
Lot Size 2,293 SF
Cap Rate % 5.84
NOI / YR $87,584.00
Taxes / YR $22,000.00
Zoning R5B
Additional Rent Contact for pricing
# of Floors 3
Property Tenancy Multi-Tenant
Year Built 1915
Date Updated Apr 29, 2024

Investment Opportunity: This all-brick, 6-family building in the highly desired Bay Ridge neighborhood presents a promising investment prospect. Comprising 5 two-bedroom apartments and 1 one-bedroom apartment, with the potential for one apartment to be delivered vacant at closing, the well-maintained property features a full basement. The large building, with dimensions at 20 x 90, offers spacious living arrangements, enhancing the appeal, situated on a generous lot size of 20 x 115. The neighborhood's charm is further complemented by nearby parks, including Owl’s Head Park, that offer numerous opportunities for outdoor and recreational activities. Conveniently located, the property is easily accessible to the Belt Parkway, Brooklyn Queens Expressway, and Verrazano Bridge. With diverse dining options, shopping centers, grocery stores, and transportation hubs in close proximity, everything you need is within reach. The classic charm blended with modern comforts makes this property an attractive investment opportunity in one of Bay Ridge's most vibrant neighborhoods.

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Getting around

90/100
Walk Score ®
97/100
Transit Score ®
82/100
Bike Score ®

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City Brooklyn, NY
Neighborhood Bay Ridge
Zip Code 11220
Market Brooklyn

Points of Interest

Bay Ridge Avenue

0.05 miles
Bay Ridge Express Car Service

0.07 miles
Explorer Car Service

0.17 miles
Yours Car Service

0.26 miles
Prince Car Service

0.47 miles
SSA 77 Car & Limo

0.51 miles
Mixteca USA

0.80 miles
Bell Car Service

0.90 miles
Mexiana Express II

1.12 miles
A&M Car Service

1.21 miles

Amoco

0.04 miles
BP

0.24 miles
7-Eleven

0.28 miles
Sunoco

0.39 miles
SEVENTH AVENUE

0.45 miles
Emporium 1

0.68 miles
FLO

1.28 miles
EVgo

2.79 miles
plugNYC

3.09 miles
ChargePoint

3.84 miles

Hospital Parking

0.75 miles
IKEA

2.62 miles
School Bus Depot

2.68 miles
Lighhouse Museum Parking

2.70 miles
St. George Garage

2.87 miles
SP+

2.93 miles
Ultra Car Park Systems

2.96 miles
Eastern Fruits and Vegetables

3.01 miles
Car Park Systems

3.02 miles
US Postal Service

3.06 miles

Insignia Hotel, Ascend Hotel Collection

0.60 miles
Best Western Gregory Hotel

0.79 miles
avid Hotel

1.13 miles
Quality Inn

1.23 miles
The Vue Hotel Express

1.47 miles
Wyndham Garden

1.49 miles
Phoenix Hotel

1.50 miles
King Hotel

1.50 miles
Days Inn

1.50 miles
Knights Inn

1.57 miles

Balady Halal Market

0.23 miles
Superfresh

0.24 miles
Key Food

0.37 miles
The Food Emporium

0.41 miles
Forum Supermarket

0.43 miles
Bravo

0.51 miles
E & S Grocery Store

0.54 miles
C-Town

0.60 miles
Fei Long Supermarket/Minimall

0.62 miles
Pioneer Supermarket

0.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.