7601 5th Avenue

Bay Ridge

$1,950,000
Price
4
Beds
2
Baths
4,152 Sq. Ft.
$470 / Sq. Ft.
4,152
Sq. Ft.
$470
per Sq. Ft.

Description

Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...
  1. Listed by Siu Kit Wong • RE/MAX Real Estate Professiona • Other

Amenities

  • Ground Floor
  • Walk Up
  • Voice Intercom
  • Basement
  • Full Basement
  • Parking Included
  • Lowrise
  • Tile Floors

Open Houses

Thursday, Dec 19th

12:00 PM - 1:00 PM

Public

Saturday, Dec 21st

12:00 PM - 1:00 PM

Public

LISTING UPDATED: 12/18/2024 10:01 AM

Property Details for 7601 5th Avenue

StatusActive
MLS ID475650
Days on Market517
Taxes$35,748 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size2,035 SF / 21' x 95'
CountyKings County

Building

7601 5th Ave

5 Units3 StoriesBuilt in 1931

Building Information for 7601 5th Avenue

Stories3Residences5Year Built1931Lot Size2,035 SF / 21' x 95'Building AgePre-warBuilding TypeLowrise

Property Information for 7601 5th Avenue

Summary
Location and General Information
  • Block: 5952
  • Number Of Stories: 3
  • Cross Street Name: 76th St
  • Cross Street Name: 77th St
  • Zoning: R6B, C1-3
  • Roof: Other
  • Open House Public Upcoming: Public: Thu Dec 19, 12:00PM-1:00PM
  • Open House Upcoming: Public: Thu Dec 19, 12:00PM-1:00PM
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 35748.0
  • Gross Expense: 44478.0
  • Gross Income: $157,740.00
  • Cap Rate: .06%
Property
Lot Information
  • Sq Ft Total: 4152
  • Yard: None
  • Lot Number: 10
  • Lot Size Irregular YN: No
  • Lot Size Length: 95
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 800.0
  • Fuel Expense: 5000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 5
  • Lavatories: Unknown
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1200.0
  • Building Length: 60.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 4200.0
  • Unit Room Description: Expires 2022/2032
  • Unit Floor: 1
  • Unit Occupant: Brooklyn Chiropatic
  • Unit Status: Leased
  • Unit Unit Type: Medical
Unit 2
  • Unit Category: Store
  • Unit Current Rent: 945.0
  • Unit Room Description: expires 2030
  • Unit Floor: 3
  • Unit Occupant: J.R.R Roofing & Sheetmetal
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 3
  • Unit Category: Store
  • Unit Current Rent: 1500.0
  • Unit Room Description: Expires 2029
  • Unit Floor: 2
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 3300.0
  • Unit Floor: 1
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 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: 2500.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Agent Information
  • Net Operating Income: 120280.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5000.0
  • Owner Occupied: No

Property History for 7601 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 7601 5th Avenue

Taxable ValueLand$106,200Additions$247,050Total$353,250
Home Facts
Total Finished SqFt4,152 SqFtLot Size2,035 SqFtYear Built1931ZoningR6BAPN3059520010

Schools near 7601 5th 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
Ralph A Fabrizio School
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

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Similar Sold Homes

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7601 5th Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on July 20, 2023 by RE/MAX Real Estate Professiona, it's currently listed at $1,950,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include Ralph A Fabrizio School, Jhs 259 William Mckinley and Fort Hamilton High School. 7601 5th Avenue is a 4-bed, 2-bath, 4,152 sqft mixed use property built in 1931.

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Listing Courtesy of RE/MAX Real Estate Professiona

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