TerraCRG has been retained exclusively to sell a commercial property at 9419-9423 Fifth Ave., located between 94th and 95th Sts. in Bay Ridge. Ofer Cohen, Dan Marks and Peter Matheos, along with their teams, are marketing the property. The asking price is $2.95 million. Situated on the southern edge of Bay Ridge, the two-story, mixed-use building contains approximately 2,860 s/f and consists of ground floor retail with a loft-style apartment above. Additionally, the property benefits from a 3,850 s/f parking lot with a curb cut. It is zoned C2-3/R6A/BR, allowing for 15,817 buildable s/f for residential and commercial use.
“This property presents an ideal opportunity for a developer looking to take advantage of the significant air rights offered, or for a user looking to operate out of the existing building, utilizing the parking lot as an amenity,” said Matheos, vice president at TerraCRG.
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