7612 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $17,504/month
Highlights
- 4,599 Sq Ft lot
- 3-minute walk to 77 Street (R Line)
- Attached Garage
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- Wood Flooring
- Heating System Uses Steam
About This Home
**Unlock Your Dream Investment in Bay Ridge!**
Welcome to your amazing investment opportunity! Nestled in the vibrant heart of Bay Ridge on 5th Avenue, this unique property offers a rare blend of residential comfort and commercial potential. Comprising a charming two-family house and a versatile store, this property is a golden ticket for investors and developers alike.
Imagine the possibilities on this expansive 4,600 sqft lot. With its irregular shape and favorable zoning designations (R6B, R5B, and C1-3), your creative visions can truly take flight. Whether you’re dreaming of a residential oasis or a bustling commercial hub, this property’s potential is as vast as your imagination.
The residential FAR of 2 and facility FAR of 2 ensure ample space for development, while the excellent foot traffic on 5th Avenue guarantees visibility and accessibility. This property is not just a place to live; it’s a canvas for your entrepreneurial dreams.
Don’t miss out on this unique opportunity to make your mark in one of Brooklyn’s most sought-after neighborhoods. Contact me today for more information or to schedule a private showing. Your future investment awaits in Bay Ridge!
Property Details
Property Type
- Other
Est. Annual Taxes
- $14,284
Lot Details
- 4,599 Sq Ft Lot
- Lot Dimensions are 117 x 21
- Irregular Lot
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Flooring
- Wood
- Tile
Basement
- Basement Fills Entire Space Under The House
Parking
- Attached Garage
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
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 | $14,284 | $98,160 | $25,500 | $72,660 |
| 2024 | $14,284 | $95,760 | $25,500 | $70,260 |
| 2023 | $13,627 | $89,940 | $25,500 | $64,440 |
| 2022 | $12,637 | $101,280 | $25,500 | $75,780 |
| 2021 | $12,568 | $98,280 | $25,500 | $72,780 |
| 2020 | $9,426 | $124,680 | $25,500 | $99,180 |
| 2019 | $12,398 | $124,680 | $25,500 | $99,180 |
| 2018 | $12,490 | $55,915 | $13,720 | $42,195 |
| 2017 | $10,753 | $52,750 | $13,881 | $38,869 |
| 2016 | $9,949 | $49,766 | $15,714 | $34,052 |
| 2015 | $6,002 | $49,766 | $18,851 | $30,915 |
| 2014 | $6,002 | $49,389 | $22,449 | $26,940 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | For Sale | $2,999,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Executors Deed | $325,000 | -- | |
| Executors Deed | $325,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $109,732 | Commercial | |
| Open | $250,000 | Commercial | |
| Closed | $250,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 484285
APN: 05951-0047
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.
- 473 77th St
- 526 77th St
- 436 77th St
- 427 78th St
- 436 78th St Unit 5
- 437 79th St
- 7824 5th Ave
- 7609 4th Ave Unit D9
- 7609 4th Ave Unit C11
- 7609 4th Ave Unit B11
- 7609 4th Ave Unit D11
- 518 78th St
- 552 77th St
- 7825 4th Ave Unit E10
- 7825 4th Ave Unit F-9
- 568 74th St
- 517 79th St
- 434 74th St
- 402 Bay Ridge Pkwy Unit 48
- 402 Bay Ridge Pkwy Unit 42
- 7604 5th Ave Unit 2
- 7302 6th Ave
- 7022 6th Ave Unit 2F
- 7206 7th Ave Unit 1F
- 8121 5th Ave Unit 2nd
- 519 82nd St
- 531 82nd St
- 343 73rd St Unit 2
- 8120 6th Ave
- 531 83rd St
- 6825 7th Ave Unit 2
- 7423 Ridge Blvd Unit 1H
- 8302 6th Ave
- 256 71st St Unit 2
- 130 Bay Ridge Pkwy Unit 4
- 315 87th St
- 8608 3rd Ave
- 8701 5th Ave
- 160 72nd St Unit 761
- 215 Bay Ridge Ave