7623 3rd Avenue, Brooklyn, NY 11209

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$2,890,000
Active for Sale
 
Listing ID 11406768
Property Type Commercial Building
Commercial Type Storefront Retail/Office, Storefront Retail/Residential, Residential Income
County Kings
Township Bay Ridge
Neighborhood Bay Ridge
Tax ID 05950-0001
FEMA Flood Map fema.gov/portal
Year Built 1929
   
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Prime 3rd Ave location on the corner of 77th Street. Investors opportunity to own this updated building with 3 commercial units and 4 residential units that produce $189,276/yr in gross income. Each apartment is 1 bedroom 1 bath. Many upgrades to the building and apartments. Walk to stores, restaurants, and bakeries, and the 4 train is one block away. For detail of the rent roll and expenses call the listing agent. Owner financing available with specified down payment.
Property Details
  • 2500 SF Lot
  • Built in 1929
  • 3 Stories
  • Full Basement
  • 1250 Lower Level SF
Unit Information
Unit #1 – Storefront Retail/Office, Gross Area: 1250, Rent Price: 4673, Occupied, Unit Count: 1
Unit #2 – Storefront Retail/Office, Gross Area: 625, Rent Price: 2500, Occupied, Unit Count: 2
Unit #3 – Storefront Retail/Office, Gross Area: 625, Rent Price: 2500, Occupied, Unit Count: 3
Unit #4 – Residential Income, Gross Area: 625, Rent Price: 1300, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 1
Unit #5 – Residential Income, Gross Area: 625, Rent Price: 1400, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 2
Unit #6 – Residential Income, Gross Area: 625, Rent Price: 1750, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 3
Income/Expenses
  • Gross Income $189,276
  • Net Income $137,981
  • Total Exp $51,295
Listed By
PRECIOUS PROPERTIES CORP
Office: 718-980-7222
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