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9406 3rd Ave
Brooklyn, NY 11209
Retail Property For Sale
Executive Summary
Prime Bay Ridge Investment Opportunity! Introducing this three-story, semi-detached mixed-use building featuring an R6A overlay with C1-3 zoning. The property offers 1 commercial storefront and 3 residential units, plus a full basement. The residential layout includes: First Floor (rear): Split-level studio unit with private backyard Second Floor: 3-bedroom, 1-bath unit with a rear terrace Third Floor: 3-bedroom, 1-bath unit Situated in a prime Bay Ridge location, this property offers strong rental income and excellent long-term potential. Conveniently located near everything Bay Ridge has to offer—shopping, dining, transportation, and more. Don’t miss this opportunity to invest in an exceptional mixed-use property in one of Brooklyn’s most sought-after neighborhoods. 2 units will be vacant at closing
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1925
Price
$2,854,950 CAD
Price Per SF
$1,189.56 CAD
Cap Rate
5.76%
NOI
$164,500 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.96
Lot Size
0.06 AC
Zoning
R6A/C1-3
Frontage
25’ on 3rd Ave
Property Taxes
| Parcel Number | 06113-0032 | Improvements Assessment | $253,598 CAD |
| Land Assessment | $104,640 CAD | Total Assessment | $358,237 CAD |
Property Taxes
Parcel Number
06113-0032
Land Assessment
$104,640 CAD
Improvements Assessment
$253,598 CAD
Total Assessment
$358,237 CAD
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