Joseph DeVito
BHHS Fillmore R.E.
(877) 719-3170
42 Total Sales
1 in Bay Ridge
$702,800 Price
7508 3rd Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $2,036,783
Studio
--
Baths
2,970
Sq Ft
$686/Sq Ft
Est. Value
Highlights
- Back Yard
- P.S. 102 The Bayview School Rated A
- 4-minute walk to 77 Street (R Line)
About This Home
As of October 2019We are pleased to offer for sale 7508 3rd Avenue, Brooklyn, NY 11209. The mixed-use property is located in prime Bay Ridge and represents an excellent investment or owner-operator opportunity. The property features an approximately 980 SF vacant ground floor retail space built out as a restaurant plus a backyard and full basement, as well as two 2 bedroom apartments. The property is in good condition and centrally located in Bay Ridge near numerous popular neighborhood fixtures. Nearby tenants include Starbucks, Verizon, Dime Community Bank, Valley Bank, as well as local favorites such as Tanoreen, Vesuvio and Salty Dog. The property is close to major roads and public transportation.
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Property Details
Property Type
- Other
Est. Annual Taxes
- $10,302
Year Built
- Built in 1930
Lot Details
- 1,440 Sq Ft Lot
- Lot Dimensions are 18 x 80
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
Interior Spaces
- 2,970 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Block 5939
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $2,000
- Insurance Expense $4,500
- Gross Income $111,000
- Net Operating Income $92,998
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2019
Closed on
Oct 28, 2019
Sold by
Babakhanhersini As Trustee Marisa
Bought by
Sold Price
$1,785,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,783
Avg. Annual Appreciation
1.94%
Purchase Details
Closed on
Jun 22, 2015
Sold by
Babakahni Mahmoud
Bought by
The Living Trust Of Mahmoud Babakhani and Marisa Babakhanhersini, As Trustee
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bay Ridge, NY
-
Joseph DeVito
-
Danielle Jabour
Danielle Jabour
Jabour Realty Company
(551) 267-7250
85 Total Sales
30 in Bay Ridge
$340K - $4.1M Price Range
-
Alex Gandelman
Alex Gandelman
Serhant
(718) 304-0293
35 Total Sales
1 in Bay Ridge
$1,799,000 Price
-
Gabriel Kashi
Gabriel Kashi
KEYSTONE REALTY USA CORP
(347) 658-5258
403 Total Sales
1 in Bay Ridge
$1,795,000 Price
-
Danny Chung
Danny Chung
(866) 968-7198
95 Total Sales
2 in Bay Ridge
$250K - $425K Price Range
-
Gregory Valvo
Gregory Valvo
Revived Residential
(914) 775-7428
63 Total Sales
8 in Bay Ridge
$250K - $450K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,785,000 | -- | ||
| The Living Trust Of Mahmoud Babakhani | -- | -- |
Source: Public Records
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 |
|---|---|---|---|---|
| 10/28/2019 10/28/19 | Sold | $1,785,000 | -- | $601 / Sq Ft |
| 05/01/2019 05/01/19 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $13,337 | $96,540 | $22,380 | $74,160 |
| 2025 | $12,582 | $93,540 | $22,380 | $71,160 |
| 2024 | $12,582 | $90,240 | $22,380 | $67,860 |
| 2023 | $12,002 | $88,320 | $22,380 | $65,940 |
| 2022 | $11,660 | $74,100 | $22,380 | $51,720 |
| 2021 | $12,292 | $68,640 | $22,380 | $46,260 |
| 2019 | $10,920 | $85,260 | $22,380 | $62,880 |
| 2018 | $10,039 | $49,248 | $15,515 | $33,733 |
| 2017 | $9,922 | $48,672 | $16,444 | $32,228 |
| 2016 | $9,730 | $48,672 | $19,733 | $28,939 |
| 2015 | $5,538 | $46,112 | $19,884 | $26,228 |
| 2014 | $5,538 | $43,502 | $19,788 | $23,714 |
Source: Public Records
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 429528
APN: 05939-0041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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