Marcus & Millichap has successfully sold this mixed-use asset located on the corner of 72nd Street and 3rd Avenue in the Bay Ridge section of Southern Brooklyn.

This four-story property offers a total of seven apartments, four of which collect free market rent. Both the one, and two-bedroom units offer attractive layouts; and measure approximately 700 and 800 rentable square feet.

The majority of the property's ground floor is occupied by Deli & Grocery which has less than two years left on their only option period. Deli & Grocery currently pays $4,500 per month. However, pursuant to their lease, the property's landlord would have the right to raise the rent up to a level equal to $5,614 per month.

Each floor of the building is built 20 feet in width, and 94 feet in length. The total size of the property measures approximately 7,520 gross square feet.

• Strong Corner Location Along Top Retail Avenue in Bay Ridge
• Located Within Eyesight of Multiple National Tenants Including Mcdonalds, Investors Bank, Rite Aid and New York Sports Club
• Close Proximity to Bay Ridge Avenue "R" Train
• Four of Seven Apartments Collect Free Market Rent
• Property Totals 7,520 Square Feet (Not Including Basement Used By Store)
• Both Residential and Retail Tenants Responsible for Own Heating Expense
• Retail Tenant Also Responsible for Covering Their Own Electric Bill and Maintenance