7207 3rd Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $14,465/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Back Yard
- P.S. 102 The Bayview School Rated A
About This Home
Excellent Mixed-Use Commercial Investment Opportunity in Prime Bay Ridge, Conveniently Situated On 3rd Avenue in a busy foot traffic section. It Features R6B Zoning, With Buildings Measuring 26.67 X 47 Over A 26.67 X 100 Lot. The Building Consists of Two Stores and Six two-bedroom apartment with Finished Basement. It Offers Ample Exposure to Public Transportation and Pedestrians. A Short Distance to The Subway Station Serving the R Line, And with Nearby Bus Lines B4, B9, B37 & B64, a Highly Accessible Location with Easy Access to The Multitude of Establishments Along 3rd Ave. (so called restaurants row) besides Popular Restaurants also offers a variety of business as Banks, , Dental Office, Supermarkets.
Property Details
Property Type
- Other
Est. Annual Taxes
- $25,000
Year Built
- Built in 1931
Lot Details
- 2,667 Sq Ft Lot
- Lot Dimensions are 100 x 26
- Back Yard
- Property is zoned R6B
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 5,038 Sq Ft Home
- 4-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5908
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $7,200
- Insurance Expense $16,000
- Utility Expense $1,200
- Gross Income $179,136
- Net Operating Income $129,736
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $24,495 | $452,700 | $13,950 | $438,750 |
| 2025 | $22,686 | $566,100 | $13,950 | $552,150 |
| 2024 | $22,686 | $508,950 | $13,950 | $495,000 |
| 2023 | $20,613 | $472,050 | $13,950 | $458,100 |
| 2022 | $20,376 | $477,000 | $13,950 | $463,050 |
| 2021 | $19,602 | $439,200 | $13,950 | $425,250 |
| 2019 | $17,605 | $484,200 | $13,950 | $470,250 |
| 2018 | $16,440 | $129,259 | $3,673 | $125,586 |
| 2017 | $16,440 | $129,259 | $4,218 | $125,041 |
| 2016 | $16,144 | $125,225 | $4,332 | $120,893 |
| 2015 | $10,017 | $115,952 | $4,289 | $111,663 |
| 2014 | $10,017 | $107,374 | $4,391 | $102,983 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2026 06/17/26 | For Sale | $2,279,000 | -- | $452 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 502398
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