$1,200,000
Brooklyn, NY 11220
MLS# 2503297
Status: Closed
7 beds | 5 baths | 4950 sqft
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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 residential 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, investors, 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: None
Condition: Good
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 5
# 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 residential 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, investors, or redevelopment. Don't miss this rare find in the heart of Bay Ridge!
Pool Y/N: No
Rent Control # of Units: 0
Rent Stabilized # Units: 0
Bedrooms: 7
Full Baths: 5
Total Baths: 5
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
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 3
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 0
Sewer
City: 1
Unit 2
Unit 2 - # Baths: 1
Rent/Month: 0
Unit 2 - Level: 2
Unit 2 - # Rooms: 33
Unit 2 - # Bedrooms: 1
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 3
Unit 3 - # Bedrooms: 1
Rent/Month: 0
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 2
Unit 4 - # Rooms: 4
Unit 4 - # Bedrooms: 2
Rent/Month: 0
Unit 4 - # Baths: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Unit 5
Level: 3
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 0
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Income & Expense
Gross Income: 0
Total Expense: 0
Net Income: 0
Extras
Other: 1
Features
Apartment: 1
Retail: 1
Building Info
Building Available SqFt: 1812
Sprinklers: No
Construction
Frame Brick: 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: 2025-06-09
Sold Price: $1,200,000
Current Price: $1,200,000
Sub-Type: 5F
Zoning: R6-B
Block: 05872
Lot: 0015
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick
Extras: Other
Gas Meters: Individual
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
Electric: 220
Features: Apartment; Retail
Construction: Frame Brick
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.