$2,480,000

7215 3rd Ave Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated payment $15,684/month

Total Views 698
-- Bed
-- Bath
7,332 Sq Ft
$338 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • P.S. 102 The Bayview School Rated A

About This Home

Great commercial investment property 6 family and 2 store in prime Bayridge.
This property sits in 27 x 100 lot side, building 27x69, each unit apartment has 2 bedrooms, plus most apartment is upgrade.
This building is very well kept from roof to basement everything is excellent condition.
Conveniently located close to everything, stores, restaurants and most important public transportation, subway R train minutes away, buses X27 to Manhattan, B37, B64, B4. Location, location is important. This property wont not last!! Seller request proof of funds or pre-approval prior to showing. For more information contact listing agent

Listing Agent

Jose Garcia

RE/MAX Real Estate Professionals License #10301211790 Listed on: 12/04/2025

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $31,823

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
  • Block Foundation

Interior Spaces

  • 7,332 Sq Ft Home
  • 4-Story Property
  • Wood Flooring

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • 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 $4,500
  • Insurance Expense $6,500
  • Utility Expense $1,000
  • Gross Income $196,704

Property Details

Property Type

Other

Est. Annual Taxes

$31,823

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 27.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 72nd St
  • Cross Street Name2: 73rd St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 12
  • Fill Sq Ft Total: 7332
  • Building Stories: 4
  • Street Name I D X: 3rd
  • Year Built: 1931
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2667

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 5
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R6B

Rental Info

  • Rent Income: 16392

Multi Family

  • Annual Gross Expense: 121200.00
  • Annual Gross Income: 196704
  • Insurance Expense: 6500.00
  • Unit Count: 8
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 31823.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2025 $31,823 $695,250 $59,850 $635,400
2024 $31,823 $623,700 $59,850 $563,850
2023 $28,989 $578,700 $59,850 $518,850
2022 $28,843 $586,800 $59,850 $526,950
2021 $26,729 $540,900 $112,500 $428,400
2020 $11,755 $598,500 $112,500 $486,000
2019 $23,683 $598,500 $112,500 $486,000
2018 $22,290 $175,247 $31,702 $143,545
2017 $22,290 $175,247 $3,802 $171,445
2016 $21,893 $169,815 $3,906 $165,909
2015 $13,581 $157,237 $3,866 $153,371
2014 $13,581 $145,590 $3,955 $141,635
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $2,480,000 -- $338 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 497694

Brooklyn Board of REALTORS®

APN: 05908-0005

New York Kings County Brooklyn 11209 Bay Ridge

7215 3rd Ave, Brooklyn, NY

For Sale

Other

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Jose Garcia
Listing Agent
Jose Garcia
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RE/MAX Real Estate Professionals
(929) 203-6293