The charm and uniqueness of this Brooklyn gem of a neighborhood cannot be overstated. There are many Brooklyn real estate brokers and real estate agents who sing the praise of Bay Ridge for many reasons.
Bay Ridge is in the southwest corner of Brooklyn, bounded by Sunset Park on the North, Dyker Heights on the East, the Narrows and the Belt Parkway on the West, The Fort Hamilton Army Base on the Southwest corner and the Verrazano Bridge on the South.
There is a wonderful variety of housing choices and lifestyles available in Bay Ridge. You can choose from magnificent detached single family homes to wonderful multi family homes, Co op apartments, Condominium homes or an apartment rental.
For a single family detached home expect to pay in the $1.5M to $3M+ range. For an attached single family townhouse prices range from $1M to $1.5M. Multi family home prices range from $1,3M to $2M+.
Co-op apartments prices range from $200,000+ to $400,000 for a 1 bedroom, 1 bath to $600,000+ for a 3 bedroom 1 bath apartment.
The condominium market in Bay Ridge is reasonably prices compared to other Brooklyn neighborhoods with prices in the $1M range for a 2 bedroom, 3 bath 1,700 square foot unit.
Apartment rentals seem to be reasonably prices compared to other Brooklyn neighborhoods with prices in the range of $1,200 to $1,300 for a studio apartment, $1,700 to $1,800 for a 1 bedroom , 1 bath, $1,950 to $2,300 for a 2 bedroom , 1 bath and $3,000 to $3,600 for a 3 bedroom, 2 bath apartment.
There is an incredible selection of restaurants and cuisines available in Bay Ridge. One of my favorite restaurants is Tanoreen, an always busy, cozy, corner room with wonderful Lebanese cuisine that never disappoints. Try the eggplant neopolean, the lamb and beef shish kabob, grilled fish and salads galore! Tanoreen is also known for their superb cocktails!
Other restaurants of note are Areo and Ponte Vecchio for Italian cuisine and The Pearl Room for Sea Food.
The Public Schools in Bay Ridge are P.S. 102, P.S. 170, P.S. 127, P.S. 185, P.S. 104, Lutheran Elementary School, St. Anselms Roman Catholic School, I.S. 30, I.S. 259, Fort Hamilton High School, High School of Telemunications, Poly Prep Country Day School, Visitation Academy, Adelphi Academy, Fontbonne Hall Academy, St. Patrick Elementary School, D.G. Kaloidis Parochial School and Xaverian School.
Bay Ridge is served by the R train on the 4th Avenue subway line as well as the X27, X37, X28 and X38 MTA express buses into Manhattan. Local bus include the B1, B4, B8, B9, B16, B37, B63, B64, B70, S53, S79, SBS and S93. Bay Ridge is in close proximity to the Belt Parkway and Gowanus Expressway.
Exciting news for Bay Ridge residents, the Citywide Ferry service will start in June 2017. The ferry will shuttle passengers from neighborhoods including Bay Ridge, Sunset Park, Red Hook, Roosevelt Island and Long Island City to Manhattan. The ferry will cost the same as a MetroCard ride, $2.75. Passengers will be able to bring a bike for an extra $1 or buy a monthly unlimited bike pass for $20. Free transfers will be allowed to other Citywide Ferry boats.
If you are planning to sell your Brooklyn property, whether a residential property, a commercial building, mixed use, multi family, vacant land, coop or condominium or a development opportunity, call us. You will be very happy that you did.
Accord Real Estate Group team
Bay Ridge is located in the Southwest corner of Brooklyn, New York. Surrounding neighborhoods are Sunset Park on the North, Dyker Heights on the East, the Narrows and the Belt Parkway on the West and Fort Hamilton Army Base and the Verrazano Narrows Bridge on the South.
Bay Ridge is a 3 square mile community overlooking New York Harbor and has the convenience of the city and the feel of a small town or modern day Mayberry.
Many of the streets have attached one and two family beautifully kept row houses, some with backyards and private or shared driveways. There are also detached single family homes of the Colonial and Tudor style, condominiums and Coops. Along Shore Road, six story apartment buildings are the neighborhoods tallest buildings. Rezoning in 2005 preserved the low elevation of the housing stock.
There is a 58 acre Shore Road Park which extends from Owl’s head Park south to Fort Hamilton and has a 2.5 mile path for walking, jogging, and rollerblading. Many people go fishing on the American Veterans memorial Pier at 69th Street.
86th Street is a commercial thoroughfare with chain stores and banks. 3rd Avenue and 5th Avenues have local shops, boutiques, restaurants and bars.
Mass transportation into Manhattan consists of the R train 4th Avenue line running between Bay Ridge Avenue and 95th Streets as well as the X27 and X37 Express Buses and the New York City Ferry at the 69th Street Pier.
Bay Ridge has some good schools. Some of them are:
I.S. 30 May White Ovington located at 7002 4th Avenue, serving grades K-1 and 6-8.
P.S. 264 Elementary School For The Arts located at 371 89th Street, serving grades OK,1-5 and SE.
Fort Hamilton High School located at 8301 Shore Road.
The High School of Telecommunications,Arts and Technology located at 350 67th Street, serving grades 9-12.
P.S. 102 The Bayview located at 211 72nd Street, serving grades K-5.
Ralph A Fabrizio School located at 7109 6th Avenue, serving grades K-5.
The real estate market in Bay Ridge is strong and properties are in high demand. Some examples of today’s asking prices are:
For a 1 family house with 840 square feet, 5 rooms, 2 bedrooms and 1 bath, asking is $579,000, for a 1,332 square foot, 2 bedroom and 2 bath, asking is $869,000, for a 1,312 square foot, 6 room, 3 bedroom and 1 bath, asking is $975,000, for a 6 room, 3 bedroom and 2 bath, asking is $1.150M, for an 8 room, 3 bedroom and 3.5 bath, asking is $1.195M, for a 1,984 square foot, 7 room, 4 bedroom and 2.5 bath, asking is $1.475M, for a 1,856 square foot, 7 room, 3 bedroom and 2.5 bath, asking is $1.499M, for a 3,007 square foot, 8 room, 3 bedroom and 2.5 bath, asking is $1.499M, for a 6 room, 3 bedroom and 2 bath, asking is $1.549M, for a 2,500 square foot, 11 room, 5 bedroom and 3 bath, asking is $1.999M, for a 2,787 square foot, 8 room, 4 bedroom and 2.5 bath, asking is $2.375M and for a 3,200 square foot, 8 room, 4 bedroom and 3.5 bath, asking is $3.123M.
For a 2 family house with 2,240 square feet, 5 bedrooms and 2 baths, asking is $1.1M, for a 2,205 square foot, 11 room, 5 bedroom and 4 bath, asking is $1,188M, for a 2,200 square foot, 11 room, 5 bedroom and 2 bath, asking is $1.3M, for a 3,210 square foot, 11 room, 5 bedroom and 3.5 bath, asking is $1.380M, for a 1,896 square foot, 9 room, 3 bedroom and 2 bath, asking is $1.395M, for a 3,690 square foot, 15 room, 6 bedroom and 3 bath, asking is $1.790M and for a 12 room, 6 bedroom and 3+ bath, asking is $2.650M.
For a 3 family house with 2,000 square feet, 7 bedrooms and 3+ baths, asking is $1.699M.
For a 6 family with 5,625 square feet, 10 bedrooms and 7 baths, asking is $2.299M.
For Mixed Use buildings with 1 apartments and a medical office with 3,090 square feet, 6 rooms, 3 bedrooms and 1.5 baths, asking is $1.650M, for a 2 family with 1 store, with 3,000 square feet, 13 rooms, 6 bedrooms and 3 baths, asking is $1.950M, for a 7 family with 1 store with 6,000 square feet, 7 bedrooms and 8 baths, asking is $2.999M, for an 8 family with 2 stores, 5,130 square feet, 20 rooms and 13 baths, asking is $5.5M and for a 21 family with 3 stores, 16,748 square feet, 69 rooms, 27 bedrooms and 21 baths, asking is $8M.
For a Coop apartment with 1 room studio with 1 bath, asking is $230,000, for a 400 square foot, 2 room studio with 1 bath, asking is $249,000, for a 450 square foot, 2 room studio with 1 bath, asking is $269,000, for a 3 room with 1 bedroom and 1 bath, asking is $299,000, for a 780 square foot, 4 room, 1 bedroom and 1 bath, asking is $305,000, for a 700 square foot, 3 room, 1 bedroom and 1 bath, asking is $339,000, for a 738 square foot, 3 room, 1 bedroom and 1 bath, asking is $350,000, for a 780 square foot, 3.5 room, 1 bedroom and 1 bath, asking is $379,000, for an 826 square foot, 4 room, 2 bedroom and 1 bath, asking is $560,000, for an 1,100 square foot, 4 room, 2 bedroom and 2 bath, asking is $609,000, for a 1,200 square foot, 4 room, 2 bedroom and 1.5 bath, asking is $849,888 and for a 1,200 square foot, 5 room, 2 bedroom and 2 bath, asking is $950,000.
For condominium apartments with 700 square feet, 3 rooms, 1 bedroom and 1 bath, asking is $550,000, for a 756 square foot, 3 room, 1 bedroom and 1 bath, asking is $599,000, for a 977 square foot, 4 room, 2 bedroom and 2 bath, asking is $749,000, for a 5 room, 2
bedroom and 1 bath, asking is $800,000, for a 1,025 square foot, 4 room, 2 bedroom and 2 bath, asking is $885,000 and for a 1,597 square foot, 5 room, 2 bedroom and 2 bath, asking is $999,000.
The newest Condominium development coming to Bay Ridge is located at 401 95th Street and is planned to have 22 residential units and 1 retail space.
Bay Ridge has some good restaurants that you may want to try. Some of them are:
Gino’s located at 7414 5th Avenue, an Italian restaurant serving red sauce pasta dishes and other standards since 1964.
Tanoreen located at 7523 3rd Avenue, serving Mediterranean and Middle Eastern cuisine and great specialty cocktails.
Chadwick’s located at 8822 3rd Avenue, serving American classics dishes.
Campania located at 9824 4th Avenue, a sophisticated Italian/American eatery.
Ponte Vecchio located at 8810 4th Avenue, a stylish eatery offering upscale Italian fare.
Fushimi Bay Ridge located at 9316 4th Avenue, a Japanese lounge and eatery.
Casa Pepe located at 114 Bay Ridge Avenue, serving Spanish/ American tapas and entrees.
Glow Thai located at 7107 3rd Avenue serving modern Thai food and signature cocktails.
The Wicked Monk, located at 9610 3rd Avenue, an Irish bar and grill serving comfort food.
Taj Mahal Indian Restaurant located at 7315 3rd Avenue, serving familiar Indian cooking in a relaxing white tablecloth space.
Vesuvio Restaurant and Pizzaria located at 7305 3rd Avenue, a neighborhood Italian restaurant since 1953.
Dragon China located at 7917 3rd Avenue, serving Chinese standards from Lo Mein to Chow Fun.
Bay Ridge has some good watering holes. Some of them are:
Pour House of Bay Ridge, located at 7901 3rd Avenue, a classic bar with happy hour drinks and Darts.
Windy City Ale House located at 7915 3rd Avenue, a laid back sports bar.
Three Jolly Pigeons located at 6802 3rd Avenue, a rustic, romantic 100 year old bar.
Longbow Pub and Pantry located at 7613 3rd Avenue, a Welsh bar with classic bites and great brews on tap.
The Owl’s Head located at 479 74th Street, a hip bar with great cocktails, mouthwatering munchies and regular event held there.
Salty Dog located at 7509 3rd Avenue, a renovated fire station that is a fun bar and dance club.
If you are interested in selling your property or you know someone who is planning to sell their Brooklyn New York property, whether a single family residential property, an apartment building, a commercial property, mixed use, multi family, co op or condo, vacant land or a development opportunity, call us. You will be very happy that you did.