7304 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $10,666/month
Highlights
- Wood Flooring
- Ceiling height of 10 feet or more
- Heating System Uses Steam
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- Multiple cooling system units
- Back and Front Yard
About This Home
Introducing a large 3-Story with a 2-Family + Store Mixed Use in the heart of Bay Ridge on a very busy strip in 5th Ave providing lots of foot traffic. The building has building size of 20ftx55ft (1100ft each floor) that sits on a 20ftx100ft lot featuring two units of 3-bedrooms with no lease projecting a nice rental income and a store with a 10-year lease with a yearly increase of 3% and is responsible for partial property tax. This is a property that is ideal for investors who is looking to have a steady flow of income. The property is surrounded with outstanding shopping retail shops and all forms of transportation. Don't miss out this opportunity to owning a truly gem in a very desirable neighborhood, Bay Ridge. Won't Last!
Property Details
Property Type
- Other
Est. Annual Taxes
- $12,582
Year Built
- Built in 1910
Lot Details
- 1,959 Sq Ft Lot
- Lot Dimensions are 20.58x95.17
- Back and Front Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling height of 10 feet or more
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5919
Community Details
Overview
- 2 Units
Building Details
- 2 Vacant Units
- Fuel Expense $3,300
- Insurance Expense $4,700
- Utility Expense $600
- Gross Income $95,040
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,582 | $73,380 | $22,380 | $51,000 |
| 2024 | $12,582 | $78,180 | $22,380 | $55,800 |
| 2023 | $12,002 | $77,220 | $22,380 | $54,840 |
| 2022 | $11,660 | $78,480 | $22,380 | $56,100 |
| 2021 | $12,292 | $73,500 | $22,380 | $51,120 |
| 2019 | $10,920 | $74,760 | $22,380 | $52,380 |
| 2018 | $11,079 | $49,248 | $13,046 | $36,202 |
| 2017 | $9,922 | $48,672 | $13,827 | $34,845 |
| 2016 | $9,730 | $48,672 | $16,595 | $32,077 |
| 2015 | $5,538 | $46,112 | $17,824 | $28,288 |
| 2014 | $5,538 | $43,502 | $19,764 | $23,738 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $1,850,000 | -- | $561 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 498163
APN: 05919-0039
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