About 1759 Bay Ridge
A great opportunity to own a newly built (2022) community facility condo in the 18th Ave. shopping corridors of Bensonhurst, Brooklyn. Approved by DOE with 128 student daycare center (UPK C/O), with 7 large classrooms, 7 restrooms and an open office with kitchenette. 5400 sq. ft. on first floor and 800sq. ft. in the basement. Plus approximately 800 sq. ft. playgrounds on the side. The property is currently leased with a triple net lease 5 + 5 terms, starting 10/01/2024 with 3% increase annually. A good investment with 5.27 Cap Rate.
Features of 1759 Bay Ridge
| MLS® # | 498256 |
|---|---|
| Price | $3,650,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,143 |
| Year Built | 2017 |
| Type | Commercial |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 1759 Bay Ridge |
|---|---|
| Area | Bensonhurst |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11204 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood, Ceramic |
|---|---|
| Interior Features | Elevator – Public, Fire Sprinkler, Handicap Design, Intercom, Kitchen, Lobby – Controlled Entry, Restrooms - Public, Restrooms - Staff, Security Alarm |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Separate Entrance |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Doors - 10 ft and under, Sprinkler – Underground |
| Lot Description | 80x100 |
| Roof | Rubber |
| Construction | Brick, Steel |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | January 27th, 2026 |
|---|---|
| Days on Market | 204 |
| Zoning | R5 |
| Tax | $24,278 |