7623 3rd Avenue, Brooklyn, NY 11209

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$2,999,000
Active for Sale
 
Listing ID 11276328
Property Type Commercial Building
Commercial Type Office/Storefront Retail, Storefront Retail/Residential, RESIDENTIAL INCOME, Residential Income
County Kings
Township Kings
Neighborhood Bay Ridge
Total Tax $29,404
Tax ID 5950-0001
FEMA Flood Map fema.gov/portal
Year Built 1929
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Mixed-Use Investment Property

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 $188,076/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.
Property Details
  • 2500 SF Lot
  • Built in 1929
Unit Information
Unit #1 – Storefront Retail/Residential, Gross Area: 1250, Rent Price: 4673, Occupied
Unit #2 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 2500, Occupied
Unit #3 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 2500
Unit #4 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 1300, Bedrooms: 1, Full Baths: 1, Occupied
Unit #5 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 1400, Bedrooms: 1, Full Baths: 1, Occupied
Unit #6 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 1750, Bedrooms: 1, Full Baths: 1, Occupied
Unit #7 – Storefront Retail/Residential, Gross Area: 625, Rent Price: 1650, Bedrooms: 1, Full Baths: 1, Occupied
Interior Features
  • Gas Fuel
Income/Expenses
  • Gross Income $189,276
  • Net Income $137,981
  • Operating Exp $51,295
Taxes and Fees
  • $29,404 Total Tax
Listed By
PRECIOUS PROPERTIES CORP
Office: 718-980-7222
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