7222 3rd Avenue
Brooklyn, NY, 11209 $ 1,999,888
Baths0.0 Sq 7,200 Monthly Estimate*
$ 13,970
Studio
for $1,999,888. This 7,200 square foot building was built in 1930 on a lot size of 0.05.
SELLER IS LOOKING FOR OFFERS! Welcome to 7222 3rd avenue on residential side and 279 73 street for the commercial space rental. 279 73rd street is currently a doctor's office. Month to Month lease. Rent was reduced during Covid 19 now it is $3,000. Office size is 20x35, it has 3 exam rooms, a bathroom, and a separate office. DO NOT DISTURB THE TENANT. There are 7 total residential apartments on the 7222 3rd avenue side, 4 back of the building apartments are 2 Bedrooms and 3 front of the building apartments are 3 Bedrooms. All units have one full bathroom. DHCR for years 2018-2022 is available by request. All apartment kitchens were updated in the past 5-7 years. 3 Skylights on the RUBBER roof. One skylight was installed just last year. All utilities are in the basement. 3 NEW hot water heaters: 2 for the building and 1 for the commercial office. The building has a super. He is responsible for garbage, sweeping inside the hallways and other light cleaning. The boiler is only 5 years old. All apartments are rent stabilized. Rent roll: 1- 1,531 2- 1,628 3- 1,558 4- 1,350 unsigned 5- 1,071 6- 1,764 7- 1,550 8- Commercial space $3,000, month to month lease. Annual Expenses for 2022: Gas: $6,701.40 Electric bills for common area: $623 Insurance: $7,810 Water and Sewer: $9,347.05 RE Tax: $33,021.20 Gross Rent Roll: $161,424 Total Expenses: $ 57,502.65 2023 Profit and Expenses: Rent in: $162,768 1- $1,531 2- $1,700 3- $1,558 4- $1,350 (Super, discounted rent) 5- $1,071 6- $1,819 7- $1,535 8- $3,000 (dental office) Gas$ 10,084 Electric $546 Insurance: $11,076 Taxes: $33,493 Water and Sewer: $10,173
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FeaturesGeneralSewer City
Heating Steam Natural Gas
Zoning R6-B
Year Built 1930
Electric 220 Volts
Property SubType Commercial
County Kings
Net Operating Income 105265.35
Operating Expense 57502.65
New Construction N
Property Type Commercial Sale
Status Active
City Brooklyn
View Y/N N
MLS Area Bay Ridge
Lot Size Square Feet 2000.0
Carport Y/N N
Street Name 3rd
Year Built Details New
Land Lease Y/N N
Tax Annual Amount 33493.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Bay Ridge
Additional Parcels Y/N N
Leasable Area 7200.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0048
Senior Community None
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ExteriorParking Features Street
Total Parking 0.0
Condition Excellent
Lot Size Area 2000.0
Number of Buildings 1
Spa N
Building Area Total 7200.0
Lot Dimensions 20x90
Lot Size Acres 0.05
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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InteriorTotal Stories 4
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByDominick A CanovaListing Agent
Kms Realty Group, Inc.Broker
dominickcanova@aol.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,970
- Monthly Property Taxes
- $2,791
- 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.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,879,885
Percent of Sale Price 6%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1980392 Elementary School
1980393 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/4/2024 | $1,999,888 | | Listed Price |