$3,600,000
Updated 6 years ago
Off Market

6754 4th Ave

Bay Ridge, Brooklyn | 63rd Street & 64th Street

20 Rooms14 Beds8 Baths3,240 Square FeetIncome Property

$3,600,000
floors / apts3 / 2
Lot Size18'x98'7"
Built Size18'x60'
Building TypeLow-Rise
RE Taxes$6,357
Price Per SF
$1,111

Building Amenities

  • Voice Intercom
  • Driveway

Property Description for 6754 4th Ave

Fabulous investment opportunity! 36' Retail frontage, 2 commercial spaces with over 2,800 sq ft on prime highly trafficked Bay Ridge corridor just off the entrances to the Belt Parkway and BQE. Unique loading zone behind the stores from rear driveway. Four large residential apartments above. The entire complex can be delivered vacant and project a potential $264,000+ income. Low expenses lead to a 7%+ cap rate, and 3,000 sq ft of air rights allow for further expansion and income!

Building Details for 6754 4th Ave

OwnershipIncome Property
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
0.05 miles
77 St
0.43 miles
59 St
0.49 miles

Citi Bike

68 St & 4 Ave
0.02 miles
4 Ave & Shore Road Dr
0.11 miles

Contact Agents

Contact Agents

Sal Capozucca
Brown Harris Stevens
Jeanette Colegrove
Brown Harris Stevens

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 But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.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: 64887TH