7516 3rd Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $10,983/month
Highlights
- Wood Flooring
- 3-minute walk to 77 Street (R Line)
- Heating System Uses Steam
- P.S. 102 The Bayview School Rated A
About This Home
Well-maintained mixed-use building located on 3rd Avenue in the heart of Brooklyn. This three-story property features a street-level commercial space currently operating as an optical store, with two residential apartment units above. A solid opportunity for investors seeking steady income in an established neighborhood with strong foot traffic and transit access. Ideal for owner-users or long-term hold investors. Built in 1930, 7516 3rd Avenue is a three-story mixed-us building consisting of three units. The first floor is configured as a retail storefront currently utilized as an optical store, offering excellent visibility along a well-trafficked corridor. The second and third floors each feature residential apartment units, providing a classic mixed-use layout with diversified income potential. The property benefits' from a traditional pre-war structure and a prime Brooklyn location, making it suitable for investors seeking a combination of commercial and residential use. Owner is motivated to sell this property.
Listing Agent
Ya Quan Guan
Listed on: 05/18/2026
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
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
- Masonry
Interior Spaces
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
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
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 | $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
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 |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | Pending | -- | -- | -- |
| 05/18/2026 05/18/26 | For Sale | $1,850,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $950,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $585,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 501523
APN: 05939-0044
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