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368 79th St - Availability Details

368 79th St, Brooklyn, NY 11209

  • For Sale Contact for pricing
  • City Brooklyn
  • Neighborhood Bay Ridge
  • Zip Code 11209
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 17,200 Sqft
  • Units 23
  • Lot Size 0.15 Acre
  • Year Built 1924
  • Date Updated 19 Nov, 2020

TerraCRG has been retained to exclusively represent ownership in the sale of the multifamily building located at 368 79th Street in the Bay Ridge neighborhood of Brooklyn. The property is located between Third and Fourth Avenues.

The multifamily, brick building consists of twenty-three residential units, 6 of which are Free Market. The 90 ft wide building has a total of 21,600 SF. The fully occupied property has a gross rent roll of $386,849 and an in-place NOI of $230,232.

Located in the heart of Bay Ridge, the property provides a central location to the Third Avenue retail corridor with a variety of bars, restaurants and attractions such as the Windy City Ale House, Luluano’s Wood Fired Pizza & Trattoria, Bagel Boy, Bay Ridge Yoga and more.

The building is located two blocks away from the 77th Street station, with access to the local R train. As well as ferry service from the 69th Street pier providing access to Wall Street. The Gowanus Expressway via the 65th Street entrance and the Verrazano Bridge are in close proximity as well.

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Location

  • City Brooklyn, NY
  • Neighborhood Bay Ridge
  • Zip Code 11209
  • Market Brooklyn

Contacts

broker

Michael Hernandez

TerraCRG

(718) 768-6888

broker

Matt Cosentino

SYSTEM

(718) 768-6888

broker

Peter Matheos

SYSTEM

(718) 768-6888

broker

Isaiah Thomas

SYSTEM

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