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Property Description

Exceptional opportunity to acquire a fully leased mixed-use building in the heart of Bay Ridge, one of Brooklyn’s most sought-after neighborhoods. This four-story property sits on a 20 x 89 lot and features a 20 x 75 building footprint, maximizing usable space across all levels. The asset includes a high-visibility retail storefront on the ground level, currently occupied by a long-term commercial tenant, and seven residential apartments above—each with updated leases and strong in-place income.

The unit mix offers a range of layouts that appeal to the area’s rental demand, ensuring consistent cash flow and minimal vacancy. Located near public
transportation, retail, dining, and everyday conveniences, the building enjoys excellent foot traffic and local amenities. With gross annual income exceeding $206,000, this investment provides immediate returns and long-term growth potential for investors seeking durable income in a prime Bay Ridge location.

Prime Bay Ridge location surrounded by shops, restaurants, and easy access to public transportation. High foot traffic and vibrant neighborhood charm.

Features
Cooling System:
No
Basement:
Full
Appliances:
Refrigerator, Microwave, Stainless Steel Appliance(s)
Flooring:
Ceramic Tile
Sewer:
Public Sewer
Utilities:
Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Brick
Agent MlsId:
181880
Office MlsId:
CBRE02
Number Of Units:
8
Special Listing Conditions:
No
Stories Total:
4
Tax Annual Amount:
$26,551
Water Source:
Public
Zoning:
R6B C1-3
PhotosCount:
9

Commercial Sale For Sale

7407 5th Avenue, New York, NY

1,855 Acre
$2,599,000
Listing ID #858608
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
858608
Price :
$2,599,000
Bathrooms Total :
0
Building Area :
6,000 Sqft
Lot Area :
1,855 Acre
Year Built :
1936
Status :
Active
Status :
Active
Listing Office :
Coldwell Banker Reliable R E
Listing Agent :
Joseph T. Hamdan
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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