Bay Ridge Retail – Property Acquisition

Hirshmark Capital, through an affiliate entity, is proud to announce the acquisition of a retail condo in the Bay Ridge neighborhood of Brooklyn. The subject property is on the ground floor of a 4-story, brick building. The property is on 3rd Avenue in Bay Ridge, which is one of the busiest retail corridors in the neighborhood and located just a few blocks from the subway station. The subject property is surrounded by many national tenants, such as Investors Bank, Dunkin Donuts, McDonalds, Rite Aid, and NYSC. Hirshmark purchased the asset, delivered vacant, allowing for immediate short term upside. This is yet another example of Hirshmark Capital’s aggressive appetite in acquiring well trafficked and unique commercial properties throughout NYC.