Address
7207 3rd Avenue, Brooklyn, NY
Price
$ 2,279,000
Property Attributes
  • MLS#502398
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBay Ridge
  • Zip11209
  • StyleMixed Use
  • Year Built1931
  • Taxes$ 26325
  • Price$ 2,279,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5038
  • Lot Size0.061226 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Excellent Mixed-Use Commercial Investment Opportunity in Prime Bay Ridge, Conveniently Situated On 3rd Avenue in a busy foot traffic section. It Features R6B Zoning, With Buildings Measuring 26.67 X 47 Over A 26.67 X 100 Lot. The Building Consists of Two Stores and Six two-bedroom apartment with Finished Basement. It Offers Ample Exposure to Public Transportation and Pedestrians. A Short Distance to The Subway Station Serving the R Line, And with Nearby Bus Lines B4, B9, B37 & B64, a Highly Accessible Location with Easy Access to The Multitude of Establishments Along 3rd Ave. (so called restaurants row) besides Popular Restaurants also offers a variety of business as Banks, , Dental Office, Supermarkets.

Price History
6/17/2026 Listed $2,279,000

General Features

Net Operating Income 142993.00
Roof Flat
Zoning R6B
Electric 220 V
Stories Count 4
Property Type Mixed Use
Block 5908
Cap Rate 0.06
Lot Number 8
Yearly Taxes 26325.00
Transaction Type Sale
Insurance Expense 16000.00
Utility Expense 1200.00
Gross Expense 50725.00
Financing Bank Mortgage,Cash
Building Type Attached
Gross Income 193718
Status Active
Fuel Expense 7200.00
Construction Materials Brick
Cumulative Days on Market 98
MLS Area Bay Ridge
Sub Type Mixed Use
Year Built 1931
City Brooklyn
Borough Brooklyn
Number Of Stores 2
DOM 98
Sale Type Arm's Length
# Families 6
Public Remarks Excellent Mixed-Use Commercial Investment Opportunity in Prime Bay Ridge,Conveniently Situated On 3rd Avenue in a busy foot traffic section. It Features R6B Zoning,With Buildings Measuring 26.67 X 47

Interior Features

Heating Fuel Gas
Flooring Hardwood,Tile
Hot Water Gas
Unit Count 8
Sq Ft Total 5038
Lavatories None
Basement Amenities Full
Commercial Features Exterior None
Commercial Features Interior Other

Exterior Features

Exterior Brick
Yard Back
Foundation Slab Concrete
Lot Sq Ft 2667
Loading Docks None
Building Length 47.00
Building Width 27.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 26
Parking Attrib None

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 11209

Price
AVG $2.21M
$2.28M
Taxes
AVG $22,432
$26,325
Year Built
AVG 1924
1931
Visits
AVG 83
45
Data Provided by Inside Real Estate®
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