Marcus and Millichap has successfully sold 335 78th Street a 23 unit walk-up apartment building located on 78th Street between 3rd and 4th Avenues in the Bay Ridge section of Brooklyn, New York. The subject property stands four stories, and measures 60 feet wide by 92 feet deep with air-shafts on each side of the property that measure 24 feet by 12 feet. In total the building is approximately 19,776 square feet and sits on a lot that measures 60 feet by 109 feet. The building was constructed in 1924 and is currently zoned R4A, offering no additional air-rights.

335 78th Street offers investors a phenomenal opportunity to acquire a sizable walk-up apartment building in a location that has traditionally seen strong rent demand. Given the six vacant units, a new investor can immediately increase cash-flow by renovating and raising individual legal rents.

The property is conveniently located one block from the 77th Street "R" train, and offers easy access to multiple local retail/shopping destinations on 86th Street, 3rd Avenue, and 5th Avenue.

• Bay Ridge 23 Unit Apartment Building
• Excellent Location - 78th Street Between 3rd and 4th Avenues
• Large Building Measuring 60 Feet by 92 Feet
• Six Vacant Apartments Offer Immediate Upside to Renovate and Raise Rent
• Close Proximity to 86th Street and 3rd Avenue Retail Corridors
• Stable Rental Market with Residential Rents Achieving $25-$35 per Square Feet
• One Block from 77th Street "R" Train