Property Listing No Longer Available for Sale

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
UpdatedMay 22nd, 2019
TypeMulti-Use
Price$3,200,000
Building4,500 Sq. Ft.
Land0.05 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



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