Address
7907 5th Avenue, Brooklyn, NY
Price
$ 1,999,000
Property Attributes
  • MLS#504659
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBay Ridge
  • Zip11209
  • StyleMixed Use
  • Year Built1931
  • Taxes$ 13907
  • Price$ 1,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3135
  • Lot Size0.041804 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge, featuring Two 2-bedroom Apartments and One Retail space. Fully occupied, Tenant Lease Expiration Dates are as follows: 2nd FL Apt 05/31/27; 3rd FL Apt 05/31/28; Ground Floor Retail 12/31/26. This Investment Opportunity offers some flexibility with High Upside Potential. Projected rents are: Retail 5,500/month, 2nd FL Apt $3,000/month, 3rd FL apt $2,900 bring total projected annual income to $136,800, with low annual expenses of $28,307. Potential NOI is $108,493. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!

Price History
9/18/2026 Listed $1,999,000

General Features

Net Operating Income 83453.00
Roof Flat
Zoning R6B
Electric Circuit Breakers
Stories Count 3
Property Type Mixed Use
Block 5981
Cap Rate 0.04
Lot Number 9
Yearly Taxes 13907.00
Transaction Type Sale
Miscellaneous Expense 1500.00
Insurance Expense 5700.00
Utility Expense 0.00
Gross Expense 28307.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Attached
Gross Income 111760
Status Active
Fuel Expense 5600.00
Construction Materials Brick
Cumulative Days on Market 4
MLS Area Bay Ridge
Sub Type Mixed Use
Year Built 1931
City Brooklyn
Borough Brooklyn
Number Of Stores 1
DOM 4
Sale Type Arm's Length
# Families 2
Public Remarks Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge,featuring Two 2-bedroom Apartments and One Retail space. Fully occupied,Tenant Lease Expiration Dates are as follows: 2nd FL

Interior Features

Heating Fuel Gas
Flooring Ceramic,Hardwood,Linoleum
Hot Water Gas
Unit Count 3
Sq Ft Total 3135
Lavatories 3
Basement Amenities Unfinished
Commercial Features Exterior Other
Commercial Features Interior Fire - Smoke Alarm,Heated

Exterior Features

Exterior Brick
Yard Back
Foundation Poured Concrete,Stone
Lot Sq Ft 1821
Loading Docks None
Building Length 55.00
Building Width 19.00
Property Panorama YN Yes
Lot Size Length 95
Lot Size Width 19

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
$2M
Taxes
AVG $22,432
$13,907
Year Built
AVG 1924
1931
Visits
AVG 83
7
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
John Koulouroudis with Ben Bay Realty Co of Bay Ridge
Fair Housing Icon NY Fair Housing Notice