7516 3rd Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $10,704/month
Highlights
- Wood Flooring
- 3-minute walk to 77 Street (R Line)
- Heating System Uses Steam
- P.S. 102 The Bayview School Rated A
- Fenced Yard
- Back Yard
About This Home
PRIME LOCATION! NEWLY LISTED MIXED-USE BUILDING ON 3RD AVENUE IN BAY RIDGE! Featuring 2 Apartments + 1 Store. The retail store is approximately 1500 SF, recently renovated with high ceilings, exposed brick wall, recessed lights, showroom, 2 private offices and conference room. The basement is full sized finished. The tenant has a lease in place until December 2025. The first-floor apartment is 2 bedrooms and 1 full bath, including a newly renovated open concept kitchen overlooking the living/dining room, tiled bath with shower, and two bedrooms, each with closets. The second floor is a 3-bedroom 1 full bath apartment, including a renovated eat-in kitchen, tiled bath, and 3 bedroom all with closets. Both apartments have high ceilings, NEST controlled heat, new electric service and new plumbing. The building has a newer roof (8 years old), new water tank, & security system. Located right on 3rd avenue in a high-volume foot traffic area, Minutes to the R-train and close to all the amenities in the neighborhood including Starbucks, Citibank, & the Supermarket.
Property Details
Property Type
- Other
Est. Annual Taxes
- $12,002
Year Built
- Built in 1930
Lot Details
- 1,440 Sq Ft Lot
- Lot Dimensions are 80 x 18
- Fenced Yard
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
- Masonry
Interior Spaces
- 3,240 Sq Ft Home
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Block 5939
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $2,250
- Insurance Expense $3,500
- Utility Expense $600
- Gross Income $107,800
- Net Operating Income $89,448
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 | $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 | $75,300 | $22,380 | $52,920 |
| 2021 | $12,292 | $69,600 | $22,380 | $47,220 |
| 2020 | $5,789 | $81,000 | $22,380 | $58,620 |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2024 10/23/24 | Price Changed | $1,795,000 | -5.3% | $554 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $1,895,000 | -- | $585 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $950,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $227,953 | Unknown | |
| Open | $585,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 485901
APN: 05939-0044
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.
- 7502 3rd Ave
- 316 74th St
- 237 Bay Ridge Pkwy
- 324 76th St
- 7623 3rd Ave
- 268 73rd St
- 237 74th St
- 7501 Ridge Blvd Unit 6E
- 272 77th St
- 227 77th St
- 225 77th St
- 7423 Ridge Blvd Unit 2B
- 7423 Ridge Blvd Unit 6G
- 7215 3rd Ave
- 220 77th St
- 243 78th St Unit 6H
- 7207 3rd Ave
- 347 78th St
- 268 78th St
- 219 78th St Unit 3D