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Type:
MultifamilyInvestment Sales
Sq Ft:
4,375
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to present 723 6th Avenue, a rare 25-foot-wide corner mixed-use property located at the intersection of 6th Avenue and 22nd Street in the heart of Greenwood Heights, Brooklyn. The fully free-market asset consists of three residential apartments, one ground-floor retail space, and two covered garage spaces.
The residential component includes a spacious floor-through two-bedroom, one-bathroom apartment on the second floor, along with two additional two-bedroom, one-bathroom apartments on the third floor. The building measures approximately 25’ x 72’ on the ground floor and 25’ x 50’ on the upper levels, providing a substantial footprint and flexible layout.
Situated just a short walk from the New York City Subway R Train at 25th Street and 4th Avenue, the property benefits from excellent connectivity and convenient access to the vibrant retail corridors of 5th Avenue and 6th Avenue. Greenwood Heights continues to attract residents and businesses alike due to its proximity to Park Slope, Industry City, and Sunset Park, making 723 6th Avenue an attractive investment opportunity with stable in-place income and long-term upside potential.
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Block & Lot:
00898-0001
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Neighborhood:
Greenwood Heights
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Cross Streets:
6th Avenue & 7th Avenue
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Lot Dimensions:
25 ft x 72.17 ft
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Units:
4
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Total Approx. SF:
4,375
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Zoning:
R6B
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FAR:
2.0
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Tax Class:
2A
