Brooklyn Mixed-Use Investment
6819 3rd Ave, Brooklyn, NY 11220
Multi-Unit - Brooklyn, NY
Property size:
7,468 SFLot size:
0.06 AcresPrice / SF:
$344/SF- Added:
- Jan 3, 2026
- Days on Market:
- 148
- Last Refresh:
- May 31 at 5:06 am
Property Features for 6819 3rd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 14
- Bathrooms
- 6
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 7,468 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 33704
Utilities
- Heating system
- Natural Gas, Steam
Building Details
- Year built
- 1931
- Year renovated
- 1931
- Floors in Building
- 4
- Flooring type
- Hardwood
- Architectural style
- Other
Listing agent Vito Angelo (718) 887-5708
Listing office REMAX REAL ESTATE PROFESSIONALS 6423 11th AVE, BROOKLYN, NY (718) 887-5708
Listing date Jan 3, 2026
MLS# 11626333
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑income investment: Over $220,000/year rental income with a 5.75% cap rate, potentially exceeding 6.0% with optimized rents.
- Five of six units are free market, offering immediate rent increase potential (+$41,000/year gross).
- Includes a well‑established restaurant with a beautiful outdoor deck; tenant seeks long lease extension and covers utilities + portion of building taxes & water.
- Prime location on a busy, high‑traffic avenue in Bay Ridge, Brooklyn.
- Restaurant fixtures included in the sale.
- Well‑maintained property ideal for a hands‑off investor.
Overview
This mixed-use property in Bay Ridge, Brooklyn, presents an investment opportunity. The four-story brick building, with a building size of 27x70 and 7,500 square feet on a 27x106 lot, features six residential units and a restaurant. The property is located on 3rd Avenue. Five of the six residential units are free market apartments, built around 2004, and not subject to rent stabilization. The building's zoning is C1-3/R5B. The well-established restaurant includes a deck. The restaurant tenant is in the process of obtaining a liquor license and pays all their own utilities, plus 1/3 of building taxes and 1/2 of the building water bill. The building owner also owns all restaurant fixtures, and they are included in the sale. The restaurant is seeking a long lease extension. The property generates over $220,000 per year in rental income. The owner is retiring after 30 successful years. The property offers rental potential. The layout of each unit is a classic railroad-style two-bedroom with dual hallway entrances and a central living space.
Property Profile
Location Intelligence
Current Use by Public Records
Brooklyn Production Studio
Film Production
Saravá - The Modern Bistro
Restaurant
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.025808
- Latitude
- 40.635918
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Six units plus restaurant in prime Bay Ridge location.
Where is this mixed-use property located?
The property is located at 6819 3rd Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: High‑income investment: Over $220,000/year rental income with a 5.75% cap rate, potentially exceeding 6.0% with optimized rents.; Five of six units are free market, offering immediate rent increase potential (+$41,000/year gross).; Includes a well‑established restaurant with a beautiful outdoor deck; tenant seeks long lease extension and covers utilities + portion of building taxes & water.
