$2,990,000
Updated 12 years ago
Sold

6709 5th Ave

Bay Ridge, Brooklyn | 67th Street & Senator Street

36 Rooms17 Beds7.5 Baths9,405 Square FeetIncome Property

$2,990,000
floors / apts3 / 7
Lot Size57'x103'
Built Size57'x55'
ZoneR6B
Building TypeLow-Rise
RE Taxes$25,000
Price Per SF
$318

Outdoor space and views

  • Backyard

Property Description for 6709 5th Ave

AMAZING & RARE OPPORTUNITY!! 3 MIXED-USE BUILDINGS- CONSISTING OF 7 APARTMENTS & 3 STORES; OFFERED FOR A REMARKABLE PACKAGE DEAL. GREAT INVESTMENT WITH APPROX $220,000/YEAR INCOME. LOCATED ON BUSY 5 AVE IN PRIME BAY RIDGE LOCATION. STORE TENANTS PAY PORTION OF REAL ESTATE TAX. ENTIRE BUILDINGS HAVE BEEN TOTALLY RENOVATED; AND ARE IN EXCELLENT CONDITION. UNLIMITED POTENTIAL! DONT MISS OUT!

Listing History for 6709 5th Ave

Now
02/10/2014
Sold and Closed by Billy Apter
RE/MAX Real Estate Professionals
2014

Building Details for 6709 5th Ave

OwnershipIncome Property
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/7
Learn More About the Building

Transit and Citi Bike

Subway

Bay Ridge Av
0.18 miles
8 Av
0.44 miles
59 St
0.44 miles
77 St
0.47 miles

Citi Bike

5 Ave & 67 St
0.06 miles
68 St & 5 Ave
0.08 miles

Contact Agents

Contact Agents

Billy Apter
RE/MAX Real Estate Professionals
Vito Angelo
RE/MAX Real Estate Professionals

Bay Ridge | Brooklyn

Lush front yards and trimmed hedges are pretty common in Bay Ridge.

Quick Profile

Bay Ridge is an old-world neighborhood neatly tucked into the southwest corner of Brooklyn within the shadows of the Verrazano Bridge. The neighborhood is encircled by the Belt Parkway along the shore line and the Gowanus Expressway inland.

Bay Ridge, long known for its generational pull, has historically been home to a diverse number of ethnic groups. While the area is flush with people of Irish, Italian and Greek descent, these ethnic communities have been joined by larger numbers of new groups, including people with Russian, Polish, Asian and Middle Eastern backgrounds. The Arab American community today in Bay Ridge represents the largest concentration of Arab Americans in New York City.

For many years, Bay Ridge and its waterside location, would attract the affluent. But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.  

Aside from the low-rise apartment buildings, the neighborhood pretty much consists of one and two-family homes. Lush front yards and trimmed hedges are pretty common here.  

Current zoning and limitations on building heights restrict any out of the norm development. At present, the future beholds small development on some of the commercial strips and teardowns of older homes for smaller residential projects.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 49498TH