The Reel

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A blog for breaking sales and neighborhood real estate news.

A two-story building located at 401 95th Street, on the northeast corner of 5th Avenue and 95th Street in Bay Ridge, Brooklyn, was sold in a transaction valued at $3,000,000.

The building has a full basement with eight foot ceilings.  The existing footprint of the building allows for an onsite parking lot that holds 15 to 20 cars. The building was most recently used by Victory Memorial Hospital but was delivered vacant. In addition, there is 9,500 square feet of air rights for commercial development or 12,000 square feet of air rights for community facility use.

Neighborhoods: Bay Ridge/ Agents: Stephen Palmese