$2,200,000
Updated 10 months ago
Off Market

8612 3rd Ave

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

4 Beds3 Baths3,588 Square FeetMixed Use

$2,200,000
floors / apts2 / 1
Lot Size20'x80'
Built Size20'x63'
ZoneR6B
Building TypeLow-Rise
RE Taxes$12,600
Price Per SF
$613

Outdoor space and views

  • Terrace

Property Description for 8612 3rd Ave

Magnificent Mixed-Use Investment Property in the Heart of Bay Ridge A Unique Opportunity in a Prime Location Nestled in one of Brooklyn's most sought-after neighborhoods, this stunning mixed-use property stands as a testament to both luxury and strategic investment. Imagine owning a piece of Bay Ridge, where bustling city life meets serene residential comfort. Prime Retail Space This property offers a retail space leased by the renowned Carvel Ice Cream chain, boasting approximately 1400 square feet of workable retail area. The steady rental income from a well-established tenant adds financial stability and value to this investment. The retail space is positioned to take advantage of the high foot traffic in the area, ensuring continued business success. Luxury Duplex Apartment Above the retail space lies a large and spacious 8-room duplex apartment, featuring 4 bedrooms, 3 baths, and 3 terraces. This luxurious residence offers ample living space and modern amenities, making it an ideal home for families seeking comfort and convenience in the heart of Bay Ridge. The terraces provide private outdoor spaces that enhance the living experience, offering views of the vibrant neighborhood and opportunities for relaxation and entertainment.

Listing History for 8612 3rd Ave

Now
12/01/2025
POM by Charles K. Farraj
Weichert, Realtors - 1st Premier
03/20/2025
$2,200,000
Initial Price by Charles K. Farraj
Weichert, Realtors - 1st Premier

Building Details for 8612 3rd Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.16 miles
Bay Ridge-95 St
0.45 miles

Citi Bike

89 St & 3 Ave
0.13 miles
84 St & 3 Ave
0.14 miles

Contact Agent

Contact Agent

Charles Farraj
Weichert, Realtors - 1st Premier

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: 99766TH