Marcus & Millichap - Tri Borough Multi-Family

6803 3rd Avenue

6803 3rd Avenue
, Brooklyn

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Price: $3,950,000
Building Size: 14,480 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

6803 3rd Avenue, located on the Southeast corner of 3rd Avenue & 68th Street, is a four story mixed-use building with eighteen apartments and two commercial spaces. The property is built irregularly 50 ft x 90 ft on a 50 ft x 102 ft lot totaling 14,480 rentable square feet. The property is zoned C2-3/R6B/BR. (Block: 5863 Lot: 8)

There was a fire in the building in July 2009. Renovation of the building in nearly complete. There is an attractive unit mix with 6 one bedroom apartments, 9 two bedroom apartments and 3 three bedroom apartments.

This opportunity offers an investor the chance to purchase a large corner mixed use building that has undergone a full gut renovation with only two rent regulated apartments in the Bay Ridge section of Brooklyn Heights section of Brooklyn, New York.