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Key Details
Sold Price $1,630,000
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,654 sqft
Price per Sqft $446
MLS Listing ID 479567
Sold Date 11/14/24
Year Built 1931
Annual Tax Amount $11,869
Lot Dimensions 21.42X103.08
Property Sub-Type Mixed Use
Property Description
Excellent Mixed-Use Commercial Investment Opportunity in Prime Bay Ridge, Conveniently Situated Near 86th Street On 5th Avenue. Perfect For an End-User, This Property Features R6B Zoning, With Buildings Measuring 21 X 58 Over A 21.42 X 103.08 Lot.
The Building Consists of Two Residential Units and One Store with A Semi-Finished Basement. The Current Storefront Is Leased with Five Years Remaining on The Lease. The Store-Front Storefront Is Well-Positioned, Attracting Significant Foot Traffic. The Second and Third Floors Each Unit Has a Spacious Six-Rooms Apartment with Three Bedrooms and A Full Bath. Both Residential Units Are Currently on Month-To-Month with No Leases. The Property Is Strategically Located on The Bustling 5th Avenue, Offering Ample Exposure to Public Transportation and Pedestrians.
Situated Just A Few Blocks from The Subway Station Serving the R Line, And with Nearby Bus Lines B63, B1 & B16, The Location Is Highly Accessible. Great Zoned School PS. 127 Mckinley Park, And Jhs 201 The Dyker Heights. Other Amenities Include Quick and Easy Access to The Multitude of Establishments Along 5th Ave, Banks, Popular Restaurants, Dental Office, Supermarkets, With More Contribute to The Vibrant and Busy Atmosphere, Making It an Ideal Location for Various Businesses.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R6B
Rooms
Basement Semi-Finished
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Other
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Bought with RE/MAX Edge