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Bay Ridge

  • Market Data
  • Vibe
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Bay Ridge at a Glance

A textbook example of the quintessential Brooklyn neighborhood, complete with a waterfront promenade, great schools, stunning harbor and skyline views, affordable housing, and a lively nightlife, Bay Ridge’s popularity is no surprise to its long-time residents. Like a small town in a big city, this neighborhood is now drawing younger families who are attracted to new residential development projects coming to market and its quiet streetscapes. Along its border to the south, the majestic Verrazano-Narrows Bridge joins the borough to Staten Island. Often remembered as the neighborhood featuring Italian-American life in the 1980s’ film “Saturday Night Fever,” Bay Ridge is now one of the most diverse areas in Brooklyn.

The average median condo sale in Bay Ridge is $918,000

The average Multifamily P/PSF in 2021 was $238

The total dollar volume in 2021 was $104,887,000

Residential Market: 2020

Avg Residential Rent

$1,750

Avg Price for Condo Sellouts

$918,000

Investment Sales: 2021

Total Dollar Volume of Investment Sales

$104,887,000

Avg Office Sale PPSF

$575

Avg Multifamily Sale PPSF

$238

Avg Retail PPSF

$1,164

Avg Mixed-Use Sale PPSF

$451

Additional Demographics: 2020

Avg Household Income

$59,000

Total Population

85,238

Transportation

Subways

r

Buses

X27 X28 X37 X38 B1 B4 B8 B9 B16 B37 B63 B64 B70 S53 S79 SBS S93

Other Transportation

Belt Parkway, Gowanus Expressway

Neighborhood Vibes

Popular, unpretentious bars dot the area, along with street fairs that take place in the summer, four of which celebrate different ethnic groups and another two of which celebrate the neighborhood itself. A vast assortment of restaurants are spread throughout the neighborhood and Bay Ridge has its own “restaurant row” along Third Avenue.

Narrows Botanical Gardens

Rose gardens, a butterfly sanctuary, and outdoor movies are just a few reasons to spend an afternoon strolling through these gardens.

69th Street Pier

One of many outdoor attractions in Bay Ridge, here you can spend your day fishing while enjoying views of Lower Manhattan and New York Bay.

Neighborhood Attractions

Longbow Pub and Pantry
The Family Store
The Gingerbread House
Owl's Head and Shore Road Park
Gino's
Narrows Botanical Gardens
Skinflints

Bay Ridge Transactions

Sold
Sold

8009 3rd Avenue

Bay Ridge

Bay Ridge Mixed-Use
7115 Third Avenue - Bay Ridge - Retail - For Sale - TerraCRG - Investment Sales - Peter Matheos - David Algarin - Ofer Cohen- commercial real estate property
Sold
Retail
Sold

7115 Third Avenue, Brooklyn, NY 11209

Bay Ridge

Bay Ridge retail retail condo South Brooklyn
Sold
Multifamily
Sold

440 Senator Street

Bay Ridge

$4,800,000

Bay Ridge Multifamily
Sold
Sold

7001 Third Avenue, Brooklyn, NY 11209

Bay Ridge

$3,075,000

Bay Ridge Commercial Mixed-Use
Sold
Sold

7517 Fifth Avenue

Bay Ridge

$1,620,000

3880 SF Bay Ridge
Sold
Sold

9419-9423 Fifth Avenue

Bay Ridge

$2,500,000

12957 SF Available Air Rights 2860 Existing SF Bay Ridge Retail/Mixed-Use
Sold
Sold

7319 5th Avenue

Bay Ridge

$1,640,000

5604 SF Bay Ridge Retail/Mixed-Used Sold
Sold
Sold

6901 5th Avenue

Bay Ridge

$7,300,000

16058 SF Bay Ridge Sold
Sold
Multifamily
Sold

459 Bay Ridge Avenue

Bay Ridge

$4,300,000

13050 SF Bay Ridge Sold
See All Listings >

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Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >
East Flatbush Coney Island Sea Gate Boerum Hill Canarsie Kensington & Parkville Carroll Gardens Bergen Beach Mill Basin Brooklyn Heights Prospect Heights Fort Greene Crown Heights Bay Ridge Dyker Heights Dyker Beach Park Prospect Park Flatlands Greenwood Cemetery Sunset Park Gowanus Dumbo Downtown Flatbush Prospect Park South Cobble Hill Brighton Beach / Manhattan Beach Bushwick Bedford-Stuyvesant Ocean Hill South Crown Heights South Slope Park Slope Red Hook Columbia Street Waterfront District Clinton Hill Greenpoint Cypress Hills East New York Brownsville Lefferts Gardens Marine Park Gerritsen Beach Marine Park - Barren Island Sheepshead Bay Bath Beach Midwood Gravesend Bensonhurst Borough Park Windsor Terrace East Williamsburg Williamsburg Greenwood Heights Navy Yard

634 Dean Street
Brooklyn, NY 11238
718.768.6888
info@terracrg.com

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