$1,888,888
Active
1 days on market
6812 3rd Ave
📍 Brooklyn, Brooklyn, NY 11220
5.0
Beds
2.0
Baths
3,120
Sqft
$605
Per sqft
1925
Year built
Land
Type
About this property
Prime Bay Ridge mixed-use investment opportunity! This three-story building features one commercial storefront, two residential units, and a full finished basement, with R6B zoning and a C1-3 commercial overlay. The second floor offers a spacious 3-bedroom, 1-bath apartment, while the third floor features a 2-bedroom, 1-bath unit. The commercial storefront and second-floor residential unit are currently vacant, offering an excellent opportunity for an investor or owner-user to lease at current market rents. The ground-floor commercial space and second-floor unit have both been recently renovated. With projected annual rental income of over $130,000 and a potential cap rate exceeding 5.8%, t
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Amenities & features
Key facts
R6b zoning
Recently renovated
1,735 sq ft lot
Property details
Property typeLand
Listing statusActive
Lot size1,735 sqft
Year built1925
Days on market1 days
MLS #504904
Estimated monthly payment
Listing price$1,888,888
Down payment (20%)$377,778
Loan amount$1,511,110
Principal & interest (7%, 30yr)$10,053/mo
Property tax (est.)$1,836/mo
Home insurance (est.)$787/mo
Estimated total$12,676/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.