7409 3rd Avenue

Bay Ridge

$1,900,000
Price
Beds
3,700 Sq. Ft.
$514 / Sq. Ft.
3,700
Sq. Ft.
$514
per Sq. Ft.

Description

Great mixed-use property features 1 store and 2 family located in the highly desirable and high traffic location on 3rd ave, bay ridge. Total yearly expense $16,958, including property tax $11,634, insurance $3,800, electric $552, and water $972. Unfinished basement. Lot size 20 x 80. First floor store building size 20 x 80, 2nd and 3rd floor apartments 20 x 55. Store has 3-4 years lease, rent $5,200/month, covers 1/3 of the water expenses. 2nd floor as 3 bedroom apartment, with 1 full bath and 1...Great mixed-use property features 1 store and 2 family located in the highly desirable and high traffic location on 3rd ave, bay ridge. Total yearly expense $16,958, including property tax $11,634, insurance $3,800, electric $552, and water $972. Unfinished basement. Lot size 20 x 80. First floor store building size 20 x 80, 2nd and 3rd floor apartments 20 x 55. Store has 3-4 years lease, rent $5,200/month, covers 1/3 of the water expenses. 2nd floor as 3 bedroom apartment, with 1 full bath and 1 half bath, leased until 1/31/2025. 3rd floor as 3 bedroom apartment, with 2 full baths, leased until 8/31/2024. Sits on the 3rd avenue, the most busiest area of Bay ridge, closed to a lot of restaurants and stores. Closed to public tranportation R train, bus B4 and B37. Good school district Ps 102, Jhs 259, and fhhs. A great investment chance for all the investers.
  1. Listed by Xi Xian (Johnny) Pan • ProBase Real Estate • Other

Amenities

  • Common Outdoor Space
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/10/2024 06:59 PM

Property Details for 7409 3rd Avenue

StatusActive
MLS ID485663
Days on Market113
Taxes$11,634 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1920
Lot Size1,600 SF / 20' x 80'
CountyKings County

Building

7409 3rd Ave

3 Units3 StoriesBuilt in 1920

Building Information for 7409 3rd Avenue

Stories3Residences3Year Built1920Lot Size1,600 SF / 20' x 80'Building AgePre-warBuilding TypeTownhouse

Property Information for 7409 3rd Avenue

Summary
Location and General Information
  • Block: 5929
  • Number Of Stories: 1
  • Cross Street Name: 74th St
  • Cross Street Name: 75th St
  • Zoning: R6B
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 11634.0
Property
Lot Information
  • Sq Ft Total: 3700
  • Yard: Back
  • Lot Number: 6
  • Lot Size Irregular YN: No
  • Lot Size Length: 80
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: Yes
Utilities
  • Heat Delivery: Other
  • Heating Fuel: Other
  • Hot Water: Other
  • Utility Expense: 552.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Unfinished
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Other
  • Unit Count: 3
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Stone
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1100.0
  • Building Length: 55.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 5200.0
  • Unit Room Description: Covers 1/3 of the water expenses
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2695.0
  • Unit Room Description: Leased until 1/31/2025
  • Unit Floor: 2
  • Unit Rooms Total: 5
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 2
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2595.0
  • Unit Room Description: Leased until 8/31/2025
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 3800.0
  • Owner Occupied: No

Property History for 7409 3rd 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 7409 3rd Avenue

Taxable ValueLand$21,720Additions$75,360Total$97,080
Home Facts
Total Finished SqFt3,700 SqFtLot Size1,600 SqFtYear Built1920ZoningR6BAPN3059290006

Schools near 7409 3rd Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 102 The Bayview
PublicK to 5

Jhs 259 William Mckinley
Public6 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

7409 3rd Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on August 30, 2024 by ProBase Real Estate, it's currently listed at $1,900,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 102 The Bayview, Jhs 259 William Mckinley and Fort Hamilton High School. 7409 3rd Avenue is a 0-bed, 0-bath, 3,700 sqft mixed use property built in 1920.

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 ProBase Real Estate

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.