7623 3rd Avenue Brooklyn, NY $ 2,999,000
7623 3rd Avenue
$ 2,999,000
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7623 3rd Avenue

Brooklyn, NY, 11209
$ 2,999,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 20,949

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7623 3rd Avenue, Brooklyn, NY 11209 - Image 10
Studio

Commercial Property for sale in Brooklyn, NY

for $2,999,000. This 5,000 square foot building was built in 1929 on a lot size of 0.06.

Prime 3rd Ave location on the corner of 77th Street. Investors opportunity to own this updated building with 3 commercial units and 4 residential units that produce $188,076/yr in gross income. Each apartment is 1 bedroom 1 bath. Many upgrades to the building and apartments. Walk to stores, restaurants, and bakeries, and the 4 train is one block away. For detail of the rent roll and expenses call the listing agent.

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Commercial Active

Price

$ 2,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,852

Style

Commercial

Lot Size

0.06

Year Built

1929

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1163868

Features
General
Sewer City
Heating Hot Water Natural Gas
Zoning R6-B
Year Built 1929
Electric 220 Volts
Property SubType Commercial
County Kings
Net Operating Income 137323.0
Operating Expense 50743.0
New Construction N
Property Type Commercial Sale
Status Active
City Brooklyn
View Y/N N
MLS Area Bay Ridge
Lot Size Square Feet 2500.0
Carport Y/N N
Street Name 3rd
Year Built Details Approx
Land Lease Y/N N
Tax Annual Amount 28852.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Bay Ridge
Additional Parcels Y/N N
Leasable Area 5000.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0001
Senior Community None
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Exterior
Parking Features Street
Total Parking 0.0
Condition Excellent
Lot Size Area 2500.0
Number of Buildings 1
Spa N
Building Area Total 5000.0
Lot Dimensions 25x50
Lot Size Acres 0.06
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 7623
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* Excluded Features
List By
Marguerite Holton

Listing Agent

Precious Properties Corp.

Broker

Affordability Calculator

$23,353
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,949
Monthly Property Taxes
$2,404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1980392 Elementary School
1980393 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$2,999,000 -14.31% Price Down
8/22/2023$3,500,000 Listed Price

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7623 3rd Avenue, Brooklyn, NY, 11209 is a Commercial Property for sale at $2,999,000 with 5,000 sqft and a lot size of 0.06. 7623 3rd Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 11209 which is in Brooklyn, NY