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7612 5th Ave 3 Unit Apartment Building $2,999,999 ($1,000,000/Unit) Brooklyn, NY 11209
Investment Highlights
- Tremendous Retail Component
- Prime Location
- Heavily Trafficked Corridor
Executive Summary
The CS Organization is pleased to present 7612 5th Avenue to market. This premier mixed-use building in Bay Ridge consists of 2
Apartments over a uniquely expansive retail component. 7612 was constructed in 1931 and the property features a tremendous
owner/user and or Investor opportunity. The building spans 6600sf and sits on a unique 4,600 SF lot. Zoned R6B/C1-3, 7612 5th Avenue is ideally positioned along one of Bay Ridge’s most active commercial corridors, benefiting from high foot traffic, strong visibility, high traffic count. The central location offers seamless connectivity to public transportation. 7612 is nestled in a thriving submarket of Southern Brooklyn with consistent demand for retail and commercial uses.
Apartments over a uniquely expansive retail component. 7612 was constructed in 1931 and the property features a tremendous
owner/user and or Investor opportunity. The building spans 6600sf and sits on a unique 4,600 SF lot. Zoned R6B/C1-3, 7612 5th Avenue is ideally positioned along one of Bay Ridge’s most active commercial corridors, benefiting from high foot traffic, strong visibility, high traffic count. The central location offers seamless connectivity to public transportation. 7612 is nestled in a thriving submarket of Southern Brooklyn with consistent demand for retail and commercial uses.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$148,188
|
$22.45
|
| Other Income |
$10,550
|
$1.60
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$158,738
|
$24.05
|
| Taxes |
$14,921
|
$2.26
|
| Operating Expenses |
$17,766
|
$2.69
|
| Total Expenses |
$32,687
|
$4.95
|
| Net Operating Income |
$126,051
|
$19.10
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $148,188 |
| Annual Per SF | $22.45 |
| Other Income | |
|---|---|
| Annual | $10,550 |
| Annual Per SF | $1.60 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $158,738 |
| Annual Per SF | $24.05 |
| Taxes | |
|---|---|
| Annual | $14,921 |
| Annual Per SF | $2.26 |
| Operating Expenses | |
|---|---|
| Annual | $17,766 |
| Annual Per SF | $2.69 |
| Total Expenses | |
|---|---|
| Annual | $32,687 |
| Annual Per SF | $4.95 |
| Net Operating Income | |
|---|---|
| Annual | $126,051 |
| Annual Per SF | $19.10 |
Property Facts
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05951-0047 | Total Assessment | $98,160 (2025) |
| Land Assessment | $25,500 (2025) | Annual Taxes | $14,921 ($2.26/SF) |
| Improvements Assessment | $72,660 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
05951-0047
Land Assessment
$25,500 (2025)
Improvements Assessment
$72,660 (2025)
Total Assessment
$98,160 (2025)
Annual Taxes
$14,921 ($2.26/SF)
Tax Year
2026
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7612 5th Ave
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