Seller's Agent in 2025
Siu Kit Wong
RE/MAX
(917) 575-8000
1 in this area
16 Total Sales
7601 5th Ave Brooklyn, NY 11209
Bay Ridge Neighborhood
--
Bed
--
Bath
4,152
Sq Ft
2,035
Sq Ft Lot
Highlights
- Wood Flooring
- 4-minute walk to 77 Street (R Line)
- Heating System Uses Steam
- Junior High School 259 William McKinley Rated A
About This Home
As of April 2025Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #40WO1160721 Listed on: 07/21/2023
Last Buyer's Agent
RE/MAX Real Estate Professionals License #40WO1160721 Listed on: 07/21/2023
Property Details
Property Type
- Other
Est. Annual Taxes
- $35,748
Year Built
- Built in 1931
Lot Details
- 2,035 Sq Ft Lot
- Lot Dimensions are 95 x 21
- Property is zoned R6B, C1-3
Parking
- On-Street Parking
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 4,152 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5952
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $5,000
- Insurance Expense $5,000
- Utility Expense $800
- Gross Income $157,740
- Net Operating Income $120,280
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $1,680,000 | -3.7% | $405 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $1,745,000 | -6.9% | $420 / Sq Ft |
| 02/06/2025 02/06/25 | Price Changed | $1,875,000 | +7.4% | $452 / Sq Ft |
| 02/06/2025 02/06/25 | Price Changed | $1,745,000 | -1.1% | $420 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,765,000 | +1.7% | $425 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,735,000 | -1.1% | $418 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,755,000 | -0.6% | $423 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $1,765,000 | -0.6% | $425 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $1,775,000 | -5.3% | $428 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $1,875,000 | -2.6% | $452 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $1,925,000 | -1.3% | $464 / Sq Ft |
| 12/09/2024 12/09/24 | Price Changed | $1,950,000 | -2.5% | $470 / Sq Ft |
| 10/22/2024 10/22/24 | Price Changed | $1,999,999 | -3.6% | $482 / Sq Ft |
| 06/17/2024 06/17/24 | Price Changed | $2,075,000 | -1.2% | $500 / Sq Ft |
| 06/06/2024 06/06/24 | Price Changed | $2,100,000 | -2.3% | $506 / Sq Ft |
| 05/29/2024 05/29/24 | Price Changed | $2,150,000 | -2.3% | $518 / Sq Ft |
| 10/26/2023 10/26/23 | Price Changed | $2,200,000 | -2.2% | $530 / Sq Ft |
| 10/05/2023 10/05/23 | Price Changed | $2,250,000 | -2.2% | $542 / Sq Ft |
| 08/25/2023 08/25/23 | Price Changed | $2,300,000 | -8.0% | $554 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $2,500,000 | -- | $602 / Sq Ft |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $35,748 | $393,750 | $106,200 | $287,550 |
| 2024 | $35,748 | $353,250 | $106,200 | $247,050 |
| 2023 | $30,217 | $327,600 | $106,200 | $221,400 |
| 2022 | $30,059 | $396,450 | $106,200 | $290,250 |
| 2021 | $27,906 | $466,650 | $106,200 | $360,450 |
| 2020 | $20,929 | $509,400 | $106,200 | $403,200 |
| 2019 | $27,740 | $486,000 | $106,200 | $379,800 |
| 2018 | $27,095 | $203,661 | $53,404 | $150,257 |
| 2017 | $24,037 | $188,988 | $56,962 | $132,026 |
| 2016 | $22,560 | $174,990 | $55,959 | $119,031 |
| 2015 | $14,646 | $174,990 | $59,852 | $115,138 |
| 2014 | $14,646 | $169,195 | $63,888 | $105,307 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 475650
APN: 05952-0010
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