Multifamily building in Bay Ridge

368 79th Street

Bay Ridge

Total Building SF 21,600 SF
Units 23
Lot SF 6,560 SF
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Multifamily 368 79th Street, Bay Ridge
Matthew Cosentino
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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.

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