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6819 3rd Ave Brooklyn, NY 11220

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For Sale
$2,575,000

Multi-Unit - Brooklyn, NY

Property size:
7,468 SF
Lot size:
0.06 Acres
Added:
Jan 3, 2026
Days on Market:
101
Last Refresh:
Apr 14 at 7:06 pm

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

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Listing Contact
Vito Angelo
Vito Angelo

Listing agent Vito Angelo

Listing office REMAX REAL ESTATE PROFESSIONALS 6423 11th AVE, BROOKLYN, NY

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.


Overview

Brooklyn Mixed-Use Investment Opportunity

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 Insight Report Location Intelligence

Current Use by Public Records

Brooklyn Production Studio Film Production Saravá - The Modern Bistro Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-74.025808
Latitude
40.635918

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.
More about this property
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