7612 5th Avenue

Bay Ridge

$2,999,999
Price
6
Beds
2
Baths
6,799 Sq. Ft.
$441 / Sq. Ft.
6,799
Sq. Ft.
$441
per Sq. Ft.

Description

Unlock Your Dream Investment in Bay Ridge! Welcome to your amazing investment opportunity! Nestled in the vibrant heart of Bay Ridge on 5th Avenue, this unique property offers a rare blend of residential comfort and commercial potential. Comprising a charming two-family house and a versatile store, this property is a golden ticket for investors and developers alike. Imagine the possibilities on this expansive 4,600 sqft lot. With its irregular shape and favorable zoning designations (R6B, R5B, and...Unlock Your Dream Investment in Bay Ridge! Welcome to your amazing investment opportunity! Nestled in the vibrant heart of Bay Ridge on 5th Avenue, this unique property offers a rare blend of residential comfort and commercial potential. Comprising a charming two-family house and a versatile store, this property is a golden ticket for investors and developers alike. Imagine the possibilities on this expansive 4,600 sqft lot. With its irregular shape and favorable zoning designations (R6B, R5B, and C1-3), your creative visions can truly take flight. Whether you’re dreaming of a residential oasis or a bustling commercial hub, this property’s potential is as vast as your imagination. The residential FAR of 2 and facility FAR of 2 ensure ample space for development, while the excellent foot traffic on 5th Avenue guarantees visibility and accessibility. This property is not just a place to live; it’s a canvas for your entrepreneurial dreams. Don’t miss out on this unique opportunity to make your mark in one of Brooklyn’s most sought-after neighborhoods. Contact me today for more information or to schedule a private showing. Your future investment awaits in Bay Ridge!
  1. Listed by Jan (Jack) Ha • eXp Realty BKNY • Built-In Garage
  2. Listed by Brian T. Ngo • eXp Realty BKNY

Amenities

  • Walk Up
  • Garage
  • Parking Included
  • Lowrise
  • House
LISTING UPDATED: 07/05/2024 06:58 PM

Property Details for 7612 5th Avenue

StatusActive
MLS ID484285
Days on Market140
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size4,599 SF / 21' x 117'
CountyKings County

Building

7612 5th Ave

3 Units3 StoriesBuilt in 1931

Building Information for 7612 5th Avenue

Stories3Residences3Year Built1931Lot Size4,599 SF / 21' x 117'Building Age-Building Type-

Property Information for 7612 5th Avenue

Summary
Location and General Information
  • Number Of Stories: 1
  • Cross Street Name: 76th St
  • Zoning: R6B
  • Roof: Flat
Parking
  • Parking Attributes: Built-In Garage
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
Property
Lot Information
  • Yard: None
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 117
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 3
  • Lavatories: 1
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Type: Attached
Unit 1
  • Unit Category: Store
  • Unit Room Description: 3 years remaining on lease with 5 yr option
  • Unit Floor: 1
  • Unit Occupant: Bakery
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 2
  • Unit Rooms Total: 6
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • 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 Features: Oven/Range,Refrigerator
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 7612 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 7612 5th Avenue

Taxable ValueLand$25,500Additions$70,260Total$95,760
Home Facts
Total Finished SqFt3,300 SqFtLot Size4,600 SqFtYear Built1931ZoningR6BAPN3059510047

Schools near 7612 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
P.S. 127 Mckinley Park
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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Similar Sold Homes

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7612 5th Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on July 1, 2024 by eXp Realty BKNY, it's currently listed at $2,999,999. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 127 Mckinley Park, Is 30 Mary White Ovington and Fort Hamilton High School. 7612 5th Avenue is a 6-bed, 2-bath, 6,799 sqft mixed use property built in 1931.

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 eXp Realty BKNY

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.