368 79th St

For SaleContact for pricing

368 79th St, Brooklyn, NY 11209

  • Multi-Family

368 79th St, Brooklyn, NY 11209 - Multi-Family Space

368 79th St is located at 368 79th St in the Bay Ridge neighborhood, NY, Brooklyn, 11209. The Multi-Family building was completed in 1924 and features a total of 17,200 Sqft.

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Details

  • Sale Price 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

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Description

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.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 368 79th St?

368 79th St totals 17,200 square feet.

When was this property built?

368 79th St was built in 1924.

Bay Ridge Demographics

The average household income in zip code 11209 is $104,940, from a total of 29,352 households. In terms of employment, there are 88.41 % white-collar and 11.59 % blue-collar jobs in zip code 11209.

Population

  • Total Population85,238
  • Male Population(48.4 %) 41,235
  • Female Population(51.6 %) 44,003
  • Median Age38.00

Income/Financial

  • Average Household Income$96,025
  • Median Household Income$64,054
  • Median Income Under 25$41,008
  • Median Income 25-44$72,114
  • Median Income 45-64$73,233
  • Median Income Over 65$38,702

Commercial Brokers Register now to add listings

Michael Hernandez

TerraCRG

(718) 768-6888

Matt Cosentino

SYSTEM

(718) 768-6888

Peter Matheos

SYSTEM

(718) 768-6888

Isaiah Thomas

SYSTEM