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8310 Third Ave
Brooklyn, NY 11209
Retail Property For Sale
Executive Summary
Prime Bay Ridge mixed-use investment property offering strong and stable cash flow. This well-maintained 3-story building features approximately 2,925 sq ft of space on a 20’ x 90’ lot in R6B / C2-3 zoning. Built in 1905 and renovated in 2004, the asset offers stable tenancy and consistent performance. Located in the heart of Bay Ridge, close to transportation, shopping, dining, and neighborhood amenities. Excellent opportunity for investors seeking a low-vacancy, income-producing property in a strong Brooklyn rental market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,925 SF
Building Class
B
Year Built/Renovated
1927/2004
Price
$1,850,000
Price Per SF
$632.48
Cap Rate
4.40%
NOI
$81,400
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.68
Lot Size
0.04 AC
Zoning
R6B
Frontage
20’ on 3rd Ave
Property Taxes
| Parcel Number | 06016-0041 | Improvements Assessment | $61,200 |
| Land Assessment | $25,980 | Total Assessment | $87,180 |
Property Taxes
Parcel Number
06016-0041
Land Assessment
$25,980
Improvements Assessment
$61,200
Total Assessment
$87,180
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