6929 5th Ave, Brooklyn, NY
Multi-Use for Sale - $3,200,000 - 4,500 Sq. Ft. on 0.05 acres
Property Info
CIMLS# | 1031928 |
Location 6929 5th Ave Brooklyn NY 11209 | |
Updated | May 22nd, 2019 |
Type | Multi-Use |
Price | $3,200,000 |
Building | 4,500 Sq. Ft. |
Land | 0.05 acres |
Property Description
We are pleased to offer for sale a corner mixed-use building in the Bay Ridge section of Brooklyn. The property is situated on a 25 x 82 lot zoned R6B/C1-3. The property with a total of 4,500 SF features two ground floor retail units on the Bay Ridge 5th Avenue Improvement District. In addition, there are two three bedroom residential units above. Close proximity to shopping, restaurants, and banks with several neighboring national tenants. Transportation includes access to the Bay Ridge Avenue R Train, the B63, B64, and B9 buses. For additional information please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.
Bay Ridge is a neighborhood in the southwest corner of the New York City borough of Brooklyn. It is bounded by Sunset Park on the north, Dyker Heights on the east, the Narrows and the Belt Parkway on the west, and Fort Hamilton Army Base and the Verrazano-Narrows Bridge on the south. The section of Bay Ridge south of 86th Street is sometimes considered part of a sub-neighborhood called Fort Hamilton.
Financials
Cap Rate: 4.47%
NOI: $143,095