350 77th Street | Prime Value-Add Residential Investment Opportunity

350 77th Street, Brooklyn, NY 11209

Property Information

  • For Sale $2,200,000
  • Property Type Multi-Family
  • Property Size 2,713 SF
  • Units 4
  • Lot Size 0.09 Acre
  • Date Updated Aug 21, 2026

Description

Located in the Bay Ridge Neighborhood of Brooklyn between Third Avenue & Fourth Avenue, near the 77th Street Subway Station. Nearest Transit: R train at the 77th Street Station and the B4, B8, B9, B70, and X27/X37 bus lines. 77th Street Station Nearby Tenants Include: Starbucks, TD Bank, Chase Bank, Rite Aid, Walgreens, Key Food, Bagel Boy, Panera Bread, Dunkin', CVS Pharmacy, and more!350 77th Street offers a small-scale commercial investment and development opportunity in Bay Ridge, Brooklyn. The property is a three-family, frame, walk-up building on a 3,827 SF lot with a detached garage and driveway, between Third and Fourth Avenues and close to the R train at 77th Street. Ownership intends to deliver the building vacant at closing, giving an investor or owner-user a clean slate rather than a portfolio of legacy leases. The existing building totals approximately 2,716–2,717 SF against a theoretical maximum residential FAR of 1.0, or roughly 3,827 SF of as-of-right floor area under R4A — leaving about 1,110 SF of theoretical remaining buildable area, subject to zoning, Bay Ridge Special District controls, bulk, height, yard rules, and building code. The commercial story here is flexibility: reposition the existing multifamily asset, pursue an owner-user strategy where legally permitted, or explore modest expansion or longer-term redevelopment. A buyer isn't locked into one plan — the site can be underwritten as an income property, an owner-occupied business base with residential income, or a small-scale development site.

Highlights

  • Building Material: Frame
  • Contextual height and bulk controls intended to preserve neighborhood character.
  • Garage: Detached frame garage, approx. 192 SF
  • Residential FAR: approximately 1.0 for detached/semi-detached forms.
  • Roof Height: approx. 35'
  • Stories: 2
  • Yard and lot coverage requirements that govern front, side, and rear yard depths and maximum building footprint.
  • Zoning & Development Potential
  • Zoning District: R4A

Contacts

Location

Located at 350 77th Street, Brooklyn, NY 11209, this property is part of the Bay Ridge neighborhood and Brooklyn market.

Contact Listing Broker
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