$3,200,000
Updated 8 years ago
Off Market

6929 5th Ave

Bay Ridge, Brooklyn | Bay Ridge Ave & Ovington Ave

8 Rooms6 Beds6 Baths4,500 Square FeetMixed Use

$3,200,000
floors / apts3 / 2
Lot Size82'3"x22'5"
ZoneR6B
Building TypeLow-Rise
RE Taxes$9,004
Price Per SF
$711

Building Amenities

  • Voice Intercom

Property Description for 6929 5th Ave

We are pleased to offer for sale a corner mixed-use building in the Bay Ridge section of Brooklyn. The property is situated on a 25 x 82 lot zoned R6B/C1-3. The property with a total of 4,500 SF features two ground floor retail units on the Bay Ridge 5th Avenue Improvement District. In addition, there are two three bedroom residential units above. Close proximity to shopping, restaurants, and banks with several neighboring national tenants. Transportation includes access to the Bay Ridge Avenue R Train, the B63, B64, and B9 buses. For additional information please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.

Listing History for 6929 5th Ave

Now
03/12/2019
POM by Joseph T. Hamdan
MYNY Residential
2019

Building Details for 6929 5th Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Bay Ridge Av
0.2 miles
77 St
0.31 miles

Citi Bike

68 St & 5 Ave
0.11 miles
4 Ave & 72 St
0.17 miles

Contact Agent

Contact Agent

Joseph T. Hamdan
MYNY Residential

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 But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.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: 74604TH