Address
3903 7th Avenue, Brooklyn, NY
Price
$ 1,990,000
Property Attributes
- MLS#493863
- TypeMixed Use
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodSunset Park
- Zip11232
- StyleMixed Use
- Year Built1899
- Taxes$ 6399
- Price$ 1,990,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2448
- Lot Size0.032828 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Prime NEWLY RENOVATED, TURNKEY MIXED-USE PROPERTY located in the heart of Sunset Park, offering stable commercial income and residential living. The BRICK HOUSE underwent a GUT RENOVATION IN 2017. The first-floor retail space is currently leased at $3,100 per month with a 3% annual rent increase, ensuring steady cash flow from day one. Projected rental income totals approximately $8,500 per month ($102,000 annually), with the first floor—including basement storage—estimated at $4,000/month, and the second-floor unit projected at $4,500/month. Excellent potential for strong cap rate return. The second floor features a bright and spacious 5-bedroom, 2-full bath, and one-half bath apartment with an open-concept living room and kitchen—ideal for owner-occupancy or generating additional rental income. The basement has convenient front and rear entrances and includes a half bathroom, offering flexible options for storage or other uses. Each unit is equipped with separate boilers, hot water heaters, and tenants are responsible for their own utilities, ensuring lower operating costs. This well-maintained, move-in-ready property presents an exceptional investment opportunity in a high-demand location. Don’t miss out on this rare chance! Schedule a private showing today to secure both future appreciation and stable returns.
| Price History | |
|---|---|
| 7/3/2025 | Listed $1,990,000 |
General Features
| Ceiling Height | 8-10 Foot |
|---|---|
| Roof | Flat |
| Zoning | M1-2 |
| Electric | 110 V,220 V |
| Stories Count | 2 |
| Property Type | Mixed Use |
| Block | 915 |
| Lot Number | 107 |
| Yearly Taxes | 6399.24 |
| Transaction Type | Sale |
| Miscellaneous Expense | 0.00 |
| Insurance Expense | 4500.00 |
| Utility Expense | 1300.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 45621 |
| Status | Active |
| Fuel Expense | 1250.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 447 |
| MLS Area | Sunset Park |
| Sub Type | Mixed Use |
| Year Built | 1899 |
| City | Brooklyn |
| Borough | Brooklyn |
| Commercial Condo YN | Yes |
| Number Of Stores | 1 |
| DOM | 447 |
| Sale Type | Arm's Length |
| # Families | 1 |
| Public Remarks | Prime NEWLY RENOVATED,TURNKEY MIXED-USE PROPERTY located in the heart of Sunset Park,offering stable commercial income and residential living. The BRICK HOUSE underwent a GUT RENOVATION IN 2017. The |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Unit Count | 2 |
| Sq Ft Total | 2448 |
| AC Units | 1 |
| Lavatories | 3 |
| Basement Amenities | Finished |
| Commercial Features Exterior | Sign - Building |
| Commercial Features Interior | Restrooms - Public |
Exterior Features
| Exterior | Brick |
|---|---|
| Lot Dimensions | 18.33X78 |
| Yard | Back |
| Foundation | Block |
| Lot Sq Ft | 1430 |
| Loading Docks | Other |
| Building Length | 68.00 |
| Building Width | 18.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 78 |
| Lot Size Width | 18 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Mixed Use Average in 11232
Price
Taxes
Year Built
Visits
In The Neighborhood
Brooklyn
$ 2,580,000
- Type
- Mixed Use
- Size
- 2,400 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: E House Realty & Mgt. Inc
Brooklyn
$ 7,900,000
- Type
- Mixed Use
- Size
- 21,400 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Momentum Real Estate LLC
Brooklyn
$ 4,088,000
- Type
- Mixed Use
- Size
- 3,258 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Bergen Basin Realty LLC
Brooklyn
$ 2,260,000
- Type
- Mixed Use
- Size
- 3,960 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Re/Max Real Estate Professiona
Brooklyn
$ 4,800,000
- Type
- Mixed Use
- Size
- 6,864 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: ProBase Real Estate
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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