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6700 Third Ave
Brooklyn, NY 11220
Flex Property For Sale
Investment Highlights
- Prime Bay Ridge Investment, Development, or End-User Opportunity.
- 39,442 Buildable SF As-of-Right.
- 3 Blocks From Bay Ridge Avenue ("R") Subway Station.
- 19,100 Square Feet of Warehouse & Office.
- R5B, R6B, C1-3, BR Zoning.
- Can Be Delivered Vacant | Reach Out to Listing Broker For More Information.
Executive Summary
SAB Capital is pleased to present 6700 3rd Avenue, a prime investment, end-user, or development property located in Bay Ridge section of Brooklyn. The property offers a total of 19,100 square feet of office and warehouse space, situated on a 236 ft x 91.92 ft irregular lot. It also boasts 39,442 SF in developable air rights. The property is zoned R5B, R6B, C1-3 BR, providing a wide range of potential uses. Conveniently located along the vibrant 3rd Avenue corridor, the building is just three blocks from the Bay Ridge Avenue ("R") subway station, offering excellent connectivity to the rest of Brooklyn and Manhattan.
Property Facts Under Contract
| Sale Type | Investment | Rentable Building Area | 19,100 SF |
| Cap Rate | 4.41% | No. Stories | 2 |
| Property Type | Flex | Year Built | 1962 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.54 AC | ||
| Zoning | C1-3, R5B, R6B, BR - The property has a mixed zoning of R5-B, R6-B with a C1-3 commercial overlay and is also located in the Bay Ridge Special District (BR). | ||
| Sale Type | Investment |
| Cap Rate | 4.41% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.54 AC |
| Rentable Building Area | 19,100 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Opportunity Zone |
Yes |
| Zoning | C1-3, R5B, R6B, BR - The property has a mixed zoning of R5-B, R6-B with a C1-3 commercial overlay and is also located in the Bay Ridge Special District (BR). |
Property Taxes
| Parcel Number | 05849-0037 | Improvements Assessment | $1,083,600 |
| Land Assessment | $315,000 | Total Assessment | $1,398,600 |
Property Taxes
Parcel Number
05849-0037
Land Assessment
$315,000
Improvements Assessment
$1,083,600
Total Assessment
$1,398,600
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