Description

Book your appointment here or copy/paste: bit.ly/7606-3rd-Scheduler
Exceptionally well-located mixed use building in the sweet spot of bustling 3rd Ave in Bay Ridge.
• Well maintained 18x55 building on 18x80 lot
• Two apartments over store (currently a veterinarian clinic)
• Each unit is approximately 900 SF and has 2 bedrooms, 1 bath
• Both residential units are in good condition, one has a washer/dryer
• Fully finished basement
• Current cap rate: 5%, projected cap rate 6%
Bay Ridge is the perfect blend of residential and commercial. Surrounded by parks and beautiful residences of all sizes, 3rd Avenue is the anchor of Bay Ridge and home to a diverse range of businesses. Stretching north-south for a mile, 3rd Avenue is the site of annual parades and festivals and the ever popular Summer Stroll. 7606 is in the heart of all this activity and in the company of some of Bay Ridge’s most popular and longstanding establishments such as Dimensions on Stage, Tanoreen, Salty Dog, Omonia Cafe, Starbucks, Greenhouse Cafe, Vesuvios, Key Food, Sapporo, Bagel Boy, NYC Taekwondo, Body & Brain Yoga, the list goes on.
Many ways in and out of Bay Ridge:
Train: R train. One stop to express N train. 35 minutes to Union Square, Manhattan.
Express Bus: luxurious 30 minute ride to lower Manhattan (x27) or Flat Iron DIstrict (x28).
Ferry: at the 69th St pier (serves drinks too!)
Car: easy access to both the Belt Parkway and BQE, Brooklyn’s only 2 highways.
Plane: about 35 minutes to all 3 NYC area airports.
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Building Features 3 Floors2 Units

intercom

Unit Features

Exposures: East, West
Pet Policy: UnitCats OK, UnitDogsOK

$1,675,000 / $563 per ft²

Sold: May 22, 2024

-1.47% from ask / 41 Days to Sell

4 Beds / 2.5 Baths / 2,970 ft²

Total Monthly expenses: $825

Maintenance: - / R.E. Taxes $825

Other Details:

Mixed Use (1-6 Family)

Lot Size: 18.0' x 80.0' Built: 18.0' x 55.0'

Zoning: S1-5, S9

Exclusively listed with: Compass

Helen
Chee

helen@compass.com

(347) 733-5801

Rezwan
Sharif

rezwan@compass.com

(917) 434-1920

Listing Courtesy of Compass View Listing

Unit listing history

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