7623 3rd Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $17,210/month
Highlights
- Wood Flooring
- 3-minute walk to 77 Street (R Line)
- Heating System Uses Steam
- P.S. 102 The Bayview School Rated A
- Baseboard Heating
About This Home
Prime Bay Ridge Mixed Use Corner Building, 3 Commercial Stores & 4 (1) Bedroom Apts, All Tenants are Month to Month, Gross Income 187,476, Building 25x100, Conveniently Located to all that Bay Ridge Has to Offer! Seller Financing Available! Excellent Investment Opportunity, Call for Details and a Private Showing. All Offers Must Accompany Proof of Funds/Pre Approval Letter.
Property Details
Property Type
- Other
Est. Annual Taxes
- $31,757
Year Built
- Built in 1929
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Irregular Lot
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Stucco Exterior
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Tile
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5950
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $8,232
- Utility Expense $900
- Gross Income $187,476
- Net Operating Income $131,639
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 | $31,757 | $473,850 | $8,100 | $465,750 |
| 2024 | $31,757 | $443,520 | $8,100 | $435,420 |
| 2023 | $28,852 | $554,400 | $8,100 | $546,300 |
| 2022 | $27,188 | $544,950 | $8,100 | $536,850 |
| 2021 | $27,259 | $436,050 | $8,100 | $427,950 |
| 2020 | $12,726 | $475,650 | $8,100 | $467,550 |
| 2019 | $24,643 | $480,150 | $8,100 | $472,050 |
| 2018 | $23,011 | $180,922 | $3,010 | $177,912 |
| 2017 | $21,741 | $170,935 | $3,266 | $167,669 |
| 2016 | $22,037 | $170,935 | $3,461 | $167,474 |
| 2015 | $13,247 | $162,328 | $3,516 | $158,812 |
| 2014 | $13,247 | $150,304 | $3,593 | $146,711 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | For Sale | $2,799,000 | -- | $560 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 488618
APN: 05950-0001
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