7302 5th Avenue

Bay Ridge

$2,298,000
Price
6
Beds
6.5
Baths
7,500 Sq. Ft.
$306 / Sq. Ft.
7,500
Sq. Ft.
$306
per Sq. Ft.

Description

INCREDIBLE INVESTMENT OPPORTUNITY($200,000/YEAR RENT ROLL) 2 STORES + 6 FAMILY, 4 STORY EXTRA EXTRA LARGE (23x90 BLDG SIZE-7500 SQFT) HIGH PROFILE CORNER SEMI-DETACHED SOLID BRICK MIXED-USE BUILDING IN THE HEART OF BUSY & BUSTLING BAY RIDGE... THIS IMPRESSIVE PROPERTY IS IN EXCELLENT & IMMACULATE WELL-MAINTAINED CONDITION, AND IS IDEALLY & CENTRALLY LOCATED ON THE HIGH-TRAFFIC 5th AVE BAY RIDGE BUSINESS IMPROVEMENT DISTRICT COMMERCIAL THOROUGHFARE... This big & beautiful building is comprised of...INCREDIBLE INVESTMENT OPPORTUNITY($200,000/YEAR RENT ROLL) 2 STORES + 6 FAMILY, 4 STORY EXTRA EXTRA LARGE (23x90 BLDG SIZE-7500 SQFT) HIGH PROFILE CORNER SEMI-DETACHED SOLID BRICK MIXED-USE BUILDING IN THE HEART OF BUSY & BUSTLING BAY RIDGE... THIS IMPRESSIVE PROPERTY IS IN EXCELLENT & IMMACULATE WELL-MAINTAINED CONDITION, AND IS IDEALLY & CENTRALLY LOCATED ON THE HIGH-TRAFFIC 5th AVE BAY RIDGE BUSINESS IMPROVEMENT DISTRICT COMMERCIAL THOROUGHFARE... This big & beautiful building is comprised of six (2-3) bedroom apartments over two highly visible storefronts(store tenant pays approx half the property tax)… don't miss out on this absolutely outstanding opportunity to own an amazing high income investment property in one of brooklyn's most desirable & premier neighborhoods... Call for more info regarding this prized piece of real estate...

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/18/2024 10:17 AM

Property Details for 7302 5th Avenue

StatusActive
MLS ID486610
Days on Market71
Taxes$24,676 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1910
Lot Size2,078 SF / 23' x 90'
CountyKings County

Building

7302 5th Ave

8 Units4 StoriesBuilt in 1910

Building Information for 7302 5th Avenue

Stories4Residences8Year Built1910Building Size23' x 80'Building Sq. Ft7,360 SFLot Size2,078 SF / 23' x 90'Building Age-Building Type-

Property Information for 7302 5th Avenue

Summary
Location and General Information
  • Block: 5919
  • Number Of Stories: 2
  • Cross Street Name: 73rd St
  • Cross Street Name: 74th St
  • Zoning: R6B
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 24676.0
  • Gross Income: $200,000.00
Property
Lot Information
  • Sq Ft Total: 7500
  • Yard: Other
  • Lot Number: 37
  • Lot Size Irregular YN: No
  • Lot Size Length: 90
  • Lot Size Width: 23
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 1300.0
  • Fuel Expense: 11000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Separate Entrance
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood
  • Unit Count: 8
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 2070.0
  • Building Length: 90.0
  • Building Type: Semi-Detached
  • Building Width: 23.0
Unit 1
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Current Rent: 6511.0
  • Unit Room Description: Store pays approximately 1/2 the property tax
  • Unit Floor: Store Frnt
  • Unit Increase Per Year Amount: $3.00
  • Unit Increase Per Year Type: %
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 2
  • Unit Category: Store
  • Unit Current Rent: 1000.0
  • Unit Floor: Side store
  • Unit Status: No Lease
  • Unit Unit Type: Office
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1428.0
  • Unit Floor: 2F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1006.0
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1710.0
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1938.0
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1214.0
  • Unit Floor: 4F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1835.0
  • Unit Floor: 4R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 9500.0
  • Owner Occupied: No

Property History for 7302 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7302 5th Avenue

Taxable ValueLand$15,300Additions$610,650Total$625,950
Home Facts
Total Finished SqFt7,360 SqFtLot Size2,077 SqFtYear Built1910ZoningR6BAPN3059190037

Schools near 7302 5th Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ralph A Fabrizio School
PublicK to 5

Is 30 Mary White Ovington
PublicK to 8

Fort Hamilton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7302 5th Avenue is a townhouse for sale in Bay Ridge. This property was listed for sale on October 8, 2024 by RE/MAX Real Estate Professiona, it's currently listed at $2,298,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include Ralph A Fabrizio School, Is 30 Mary White Ovington and Fort Hamilton High School. 7302 5th Avenue is a 6-bed, 6.5-bath, 7,500 sqft townhouse built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Professiona

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.