$1,200,000
Brooklyn, NY 11220
MLS# 2503196
Status: Closed
4950 sqft
1 / 1
Property Description
Rare Opportunity in Prime Bay Ridge - 5-Family Plus Storefront !!! Located right on 3rd Avenue and Bay Ridge Avenue, this 5-family building with storefront offers incredible flexibility for investors, developers, or end-users. Situated in the heart of Bay Ridge, this mixed-use property features: Back of Building: -3 floors, each with 1 bedroom apartment (possible conversion to 2 bedrooms) -Great natural light and efficient layouts. Front of Building: - 2 floors, each with 2 bedrooms (possible conversion to 3 bed-rooms) - Includes a ground-level retail store, ideal for owner-use or rental income. Zoned for both resi-dential and commercial use, this property offers significant income potential and upside with minimal renovation. Steps from shopping, dining, and public transportation, it's perfect for live-in owners, inves-tors, or redevelopment. Don't miss this rare find in the heart of Bay Ridge!
Details
Maps
Documents
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 359.6
Sale/Lease: Sale
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 3
Taxes: 20921
Tax Abated: No
Lot Size SqFt: 1812
Year Built Info: Approx
Lot Dim: 18.17x99.75
Irregular: No
Air Conditioner: Units
Condition: Good
# of Parking Spaces: 0
# of Residential Units: 5
# of Commercial Units: 1
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Rare Opportunity in Prime Bay Ridge - 5-Family Plus Storefront !!! Located right on 3rd Avenue and Bay Ridge Avenue, this 5-family building with storefront offers incredible flexibility for investors, developers, or end-users. Situated in the heart of Bay Ridge, this mixed-use property features: Back of Building: -3 floors, each with 1 bedroom apartment (possible conversion to 2 bedrooms) -Great natural light and efficient layouts. Front of Building: - 2 floors, each with 2 bedrooms (possible conversion to 3 bed-rooms) - Includes a ground-level retail store, ideal for owner-use or rental income. Zoned for both resi-dential and commercial use, this property offers significant income potential and upside with minimal renovation. Steps from shopping, dining, and public transportation, it's perfect for live-in owners, inves-tors, or redevelopment. Don't miss this rare find in the heart of Bay Ridge!
Year Built: 1931
Building SqFt: 4950
Status Change Info
Projected Close Date: 2025-08-29
Pending Date: 2025-07-16
Sold Date: 2025-10-24
Sold Price: $1,200,000
Sewer
City: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Features
Apartment: 1
Office: 1
Other: 1
Building Info
Building Available SqFt: 4950
Retail Available SqFt: 1650
Sprinklers: No
Construction
Frame: 1
AddressLegal
Street No.: 312
Street Name: Bay Ridge
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11220
Area Name: Bay Ridge
Parcel ID: 05872-0015
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2025-06-04
Sold Price: $1,200,000
Current Price: $1,200,000
Sub-Type: Commercial
Zoning: R6-B
Block: 05872
Lot: 0015
Property Features
Electric Meters: Individual
Gas Meters: Individual
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
Electric: 220
Features: Apartment; Office; Other
Construction: Frame
Parking: On Street
Lead Paint 
Listing Courtesy of Homes R Us Realty of NY, Inc.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.