7407 5th Avenue Brooklyn, NY $ 2,599,000
7407 5th Avenue
$ 2,599,000
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7407 5th Avenue

Brooklyn, NY, 11209
$ 2,599,000
Bedrooms-- Baths-- Sq 6,000

Monthly Estimate*

$ 16,002

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Commercial Property for sale in Brooklyn, NY

for $2,599,000. This 6,000 square foot building was built in 1936 on a lot size of 0.0426.

Exceptional opportunity to acquire a fully leased mixed-use building in the heart of Bay Ridge, one of Brooklyn’s most sought-after neighborhoods. This four-story property sits on a 20 x 89 lot and features a 20 x 75 building footprint, maximizing usable space across all levels. The asset includes a high-visibility retail storefront on the ground level, currently occupied by a long-term commercial tenant, and seven residential apartments above—each with updated leases and strong in-place income. The unit mix offers a range of layouts that appeal to the area’s rental demand, ensuring consistent cash flow and minimal vacancy. Located near public transportation, retail, dining, and everyday conveniences, the building enjoys excellent foot traffic and local amenities. With gross annual income exceeding $206,000, this investment provides immediate returns and long-term growth potential for investors seeking durable income in a prime Bay Ridge location. Prime Bay Ridge location surrounded by shops, restaurants, and easy access to public transportation. High foot traffic and vibrant neighborhood charm.

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Commercial Active

Price

$ 2,599,000

Property Type

Commercial

Taxes

$ 26,550

Style

Multi Family

Lot Size

0.0426

Year Built

1936

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

858608

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Cable Available Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Microwave Refrigerator Stainless Steel Appliance(s)
Zoning R6B C1-3
Construction Materials Brick
Year Built 1936
Property Subtype Multi Family
Tax Year 2024
Parcel Number 05931-0010
Gross Income 206369
Building Name Prime Mixed-Use For Sale
County Kings (Brooklyn)
Operating Expense 46942
Property Type Commercial Sale
Building Features High Speed Internet Quartz/Quartzite Counter Tops Walk Up
City New York
Disclosures None
Number Of Units Total 8
Property Attached Y/N Y
Tax Annual Amount 26550.64
Showing Instructions Contact Office
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 509850
Tax Lot 10
Year Built Effective 2023
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Interior
Basement Full
Flooring Ceramic Tile
Total Stories 4
Basement Features Full
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 6000
Waterfront Y/N N
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Internal Only
Street Number 1 7407
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* Excluded Features
List By
Joseph T. Hamdan

Listing Agent

Coldwell Banker Reliable R E

Broker

718-921-3100

Contact

Affordability Calculator

$18,215
Per Month
88%
12%
0%
Monthly Principal & Interest
$16,002
Monthly Property Taxes
$2,213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2025$2,599,000 Listed Price

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7407 5th Avenue, Brooklyn, NY, 11209 is a Commercial Property for sale at $2,599,000 with 6,000 sqft and a lot size of 0.0426. 7407 5th Avenue was built in 1936. The property's zip code is 11209 which is in Brooklyn, NY