REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,398,000
Est. payment /mo
New
8622 3rd AVE Brooklyn, NY 11209
5,280 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $454
MLS Listing ID 494428
Year Built 1926
Annual Tax Amount $49,732
Property Sub-Type Mixed Use
Property Description
Located in the heart of Bay Ridge, Brooklyn, offers a rare opportunity to own a well-maintained mixed-use brick building full of character and income potential. Built in 1926, this four-story property features a total of seven units—six residential apartments and one commercial retail space—spanning approximately 5,280 square feet on a 20 × 80-foot lot. The ground floor is anchored by a spacious retail storefront, ideal for a stable commercial tenant and consistent rental income. The upper floors are home to six residential units, each featuring classic layouts, hardwood floors, and great natural light. A finished basement with a separate entrance adds flexible space for storage or potential amenity expansion. Situated just minutes from the R train at 86th Street and several bus lines, the building is perfectly positioned in one of Brooklyn's most warm and family-friendly neighborhoods. Residents enjoy close proximity to local favorites like The Kettle Black, boutique shopping, parks, and highly rated schools such as P.S. 185. The block itself is a bustling corridor with strong foot traffic and a tight-knit community feel. From an investment standpoint, the property offers diversified cash flow thanks to its mixed-use structure. This property is being offered at a competitive price for a motivated investor. For more information, including current rent roll and operating expenses, or to schedule a private tour, please get in touch today. Don't miss your chance to own a piece of Bay Ridge with both charm and steady returns. Building has gone through a large Local Law Renovation recently!
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R6B
Rooms
Basement Finished, Full
Interior
Interior Features Intercom
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Jabour Realty Company
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Belle Harbor, New York, NY
- Homes For Sale in Rockaway Park, NY
- Homes For Sale in Arverne, NY
- Homes For Sale in Far Rockaway, NY
- Homes For Sale in Neponsit, New York, NY
- Homes For Sale in Rockaway Beach, New York, NY
- Homes For Sale in Edgemere, New York, NY
- Homes For Sale in Arverne, New York, NY
- Homes For Sale in Rockaway Park, New York, NY