Prime Mixed-Use Investment Opportunity In The Heart Of Bay Ridge, 86th St & 4th Ave. Presenting a three-story mixed-use building situated on a 40`x113` lot with a total building size of 10,464 sq ft. Zoning: C4-2A with approximately 2,200 sq ft additional buildable FAR. Located in the center of Bay Ridge`s busiest commercial hub, this property is surrounded by national brands, including McDonald`s, Chipotle, GAP, Chase Bank, Pandora, Banana Republic, Sephora, and Victoriaâ??s Secret. It is also minutes away from the multi-million redevelopment site of the former Century 21 Department Store. Unmatched accessibility to public transit, with the R-train and multiple major bus lines right outside the door. Ground floor: Expansive retail space, Diamond Braces, currently pays 90% of water/sewer and 50% of real property taxes/ assessments over the 2020/2021 base year $74,870. Second floor: one commercial units, ideal for office or professional use. Third floor: Two spacious three-bedroom apartments offering solid rental income potential. This property is a rare opportunity for investors seeking a versatile asset in a prime location with strong commercial and residential income streams. The building is projected at a 5.7% CAP rate, making it an exceptional investment
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