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Investment Highlights

  • Heavy Foot & Car Traffic
  • Convenient Shopping
  • Public Transportation Accessible (R Train, B63, B4)
  • Neighborhood - Bay Ridge (highly desirable)

Executive Summary

Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,655 SF
Building Class
B
Year Built
1931
Price
$1,849,000
Price Per SF
$505.88
Percent Leased
100%
Building Height
3 Stories
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Orange Theory Fitness
Citizens
Valley National Bank
Citibank
Tex's Chicken & Burgers
Body & Brain
Apple Bank
Chase Bank
WW
CTown

Property Taxes

Property Taxes

Parcel Number
05951-0051
Land Assessment
$22,380
Improvements Assessment
$86,160
Total Assessment
$108,540
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 40408740

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 7624 5th Ave, Brooklyn, NY 11209

Contact the Sale Advisor

7624 5th Avenue | 7624 5th Ave

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