$2,600,000
Updated 6 years ago
Off Market

8727 4th Ave

Bay Ridge, Brooklyn | 86th Street & 87th Street

16 Rooms9 Beds4 Baths5,600 Square FeetMixed Use

$2,600,000
floors / apts3 / 3
Lot Size35'x75'
Built Size22'x74'
Building TypeLow-Rise
RE Taxes$23,205
Price Per SF
$464

Outdoor space and views

  • Verrazano Bridge

Property Description for 8727 4th Ave

8724 4th AVENUE & 409 88th STREET ARE TRULY A PREMIER PACKAGE DEAL, AND AN OUTSTANDING OPPORTUNITY ON ALMOST EVERY REAL ESTATE LEVEL... HIGH VISIBILITY CORNER MIXED-USE BRICK BUILDINGS(OVER 5600 SQFT) COMPRISED OF A 4 FAMILY(FOUR APARTMENTS/UNITS) OVER A HIGH TRAFFIC STOREFRONT OVER A FULL BASEMENT; IN THE HEART OF BUSY & BUSTLING BAY RIDGE... IDEALLY SITUATED IN A PERFECTLY CENTRALIZED LOCATION; SURROUNDED BY ALL FORMS OF TRANSPORTATION & SHOPPING, EVERY CONCEIVABLE DESIRABLE AMENITY ONE CAN WANT FOR, AND ONLY STEPS TO 86th ST, 3rd AVE & 5th AVE... BUILDINGS ARE IN WELL-MAINTAINED & EXCELLENT CONDITION,- ALL RESIDENTIAL UNITS HAVE THEIR OWN SEPARATE HEATING & HOT-WATER, AND FEATURE BREATH-TAKING VIEWS OF THE VERRAZANO BRIDGE; COMMERCIAL SPACE HAS RECENTLY BEEN RENOVATED... THESE PRIZED PROPERTIES HAVE TREMENDOUS & AWESOME POSSIBILITIES- GREAT FOR INVESTORS AS A HIGH INCOME PRODUCING INVESTMENT, AMAZING POTENTIAL FOR FUTURE BUSINESS END-USING OWNERS, ALSO WITH C4-2A ZONING FOR POSSIBLE DEVELOPING OF ADDING TWO ADDITIONAL FLOORS(CONSULT WITH ARCHITECT)... DON'T MISS OUT ON THIS PHENOMENAL CHANCE TO OWN A REAL ESTATE LANDMARK IN ONE OF BROOKLYN'S MOST DESIRABLE & SOUGHT-AFTER NEIGHBORHOODS...

Listing History for 8727 4th Ave

Now
08/19/2020
Price Increase by Billy Apter
RE/MAX Real Estate Professionals
08/19/2020
POM by Billy Apter
RE/MAX Real Estate Professionals

Building Details for 8727 4th Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.1 miles
Bay Ridge-95 St
0.34 miles

Citi Bike

4 Ave & 87 St
0.04 miles
5 Ave & 88 St
0.11 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: 78643TH