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7502 3rd Ave 4,069 SF 100% Leased Retail Building Brooklyn, NY 11209 $2,695,000 ($662.32/SF)
Investment Highlights
- SOLID BRICK 4 FAMILY AND 2 STORES IN ONE OF BAYRIDGE
- INCREDIBLE OPPORTUNITY FOR ANY INVESTOR OR END-USER TO OWN A PIECE OF PRIME 3RD AVENUE
- HIGH TRAFFIC LOCATIONS MINTUES TO ALL TRANSPORTATION
Executive Summary
WE ARE PROUD TO OFFER A SOLID BRICK 4 FAMILY AND 2 STORES IN ONE OF BAYRIDGE’S MOST DESIRABLE HIGH TRAFFIC LOCATIONS MINTUES TO ALL TRANSPORTATION TO MANHATTAN AND A FEW MOMENTS TO THE PRESTIGIOUS SHOREROAD PROMENADE. THIS PROPERTY FEATURES 4 ONE BEDROOM APARTMENTS AND 2 TURN-KEY RETAIL SPACES ON THE GROUND LEVEL. THIS IS TRULY AN INCREDIBLE OPPORTUNITY FOR ANY INVESTOR OR END-USER TO OWN A PIECE OF PRIME 3RD AVENUE…
Front Store Pays 25% annual taxes and 15% for water.
Front Store Pays 25% annual taxes and 15% for water.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
$36,973
|
$9.09
|
| Total Expenses |
$36,973
|
$9.09
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $36,973 |
| Annual Per SF | $9.09 |
| Total Expenses | |
|---|---|
| Annual | $36,973 |
| Annual Per SF | $9.09 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,069 SF
Building Class
C
Year Built
1930
Price
$2,695,000
Price Per SF
$662.32
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.65
Lot Size
0.04 AC
Zoning
R6B - Medium density residential district
Frontage
23’ on 3rd Ave
Amenities
- Bus Line
- Corner Lot
- Signalized Intersection
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05939-0038 | Improvements Assessment | $342,000 (2026) |
| Land Assessment | $109,350 (2026) | Total Assessment | $451,350 (2026) |
Property Taxes
Parcel Number
05939-0038
Land Assessment
$109,350 (2026)
Improvements Assessment
$342,000 (2026)
Total Assessment
$451,350 (2026)
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