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: 10/03/2024 03:27 PM

Property Details for 7409 3rd Avenue

StatusActive
MLS ID485663
Days on Market64
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.

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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.

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