Boro Park Real Estate

7001 3rd Avenue, Bay Ridge, NY 11209

[Bay Ridge Real Estate, listing number 3347430]
[PHOTO]
[PHOTO]
[PHOTO]
[PHOTO]
Description: 3347430
   A rare mixed-use opportunity in the heart of Bay Ridge, ideally positioned near a prominent corner along one of the neighborhoodâ??s most established commercial corridors. This substantial property features three above-grade stories plus a full basement, offering a flexible combination of commercial and residential space. The property sits on an approximately 36â?? x 112â?? lot, with a main building footprint of approximately 20â?? x 112â?? and an additional side area of approximately 16â?? x 112â??, providing valuable outdoor and commercial-use potential. The ground-floor commercial space is currently occupied by a pizzeria, offering an attractive setup for an investor, owner-user, or business operator seeking the opportunity to own the real estate and potentially occupy the commercial space in the future, subject to the existing lease and applicable regulations. The second and third floors each offer spacious residential layouts of approximately 1,300 square feet, providing strong rental and long-term income potential. The residential units offer flexibility for future leasing or owner use, subject to tenancy status and applicable laws. Highlights include excellent visibility, a substantial lot size, convenient access to neighborhood shopping and dining, local educational options, and close proximity to the R train just minutes away. An excellent opportunity for investors, developers, and owner-users seeking a well-located mixed-use asset in Bay Ridge with multiple income streams and long-term upside!

Details:
   Families: 2
   Property Type: Mixed Use

Financials:
   Price: $3,100,000

 

RE/MAX Edge
Michelle J. Zhang
Office: (718)612-3088

provided by Brooklyn Bd of Realtors