$775,000
Updated 12 years ago
Sold

314 73rd Street

Bay Ridge, Brooklyn | 3rd Ave & 4th Ave

3,000 Square Feet4-6 Family House

$775,000
floors / apts5 / 2
Lot Size20'x100'
Built Size20'x50'
ZoneR5B
Building TypeTownhouse
RE Taxes$8,141
Price Per SF
$258

This property was sold for $500,000 on 05/09/13.

Listing Features

  • Gas Heat

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Backyard

Property Description for 314 73rd Street

> Five unit building, near complete renovation including plumbing, electric etc. > The apartments have been renovated to varying degrees including new kitchens and baths in some instances but there is still room for improvement as the remaining renovations can be made and the rents are presently below market. > The combination of below market rents along with the potential to make additional capital improvements makes the acquisition a perfect scenario for a savvy investor. > The building is fully sprinkler-ed and has new hallways, new lobby and a new staircase as well. > The apartments have also been separately metered so operating expenses are minimal and the building is virtually maintenance free.

Building Details for 314 73rd Street

Ownership4-6 Family House
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts5/2
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.2 miles
Bay Ridge Av
0.25 miles

Citi Bike

4 Ave & 72 St
0.13 miles
Ovington Ave & 3 Ave
0.17 miles

Contact Agent

Contact Agent

Callan Ross Corriette
Nouveau Realty LLC

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: 44795TH