7824 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $11,579/month
Total Views
2,025
5
Beds
3.5
Baths
3,300
Sq Ft
$575
Price per Sq Ft
Highlights
- Galley Kitchen
- 5-minute walk to 77 Street (R Line)
- Living Room
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- Cooling Available
- Forced Air Heating System
About This Home
Incredible investment opportunity in the heart of Brooklyn! This well-maintained mixed-use property offers both strong income potential and long-term value. The ground level features a fully operational hair salon storefront, complete with a fully finished basement — perfect for additional workspace, storage, or expansion.
Above the commercial space are two spacious residential apartments. The second floor hosts a bright and airy 2-bedroom unit, ideal for small families or tenants seeking extra space. The third floor boasts a generous 3-bedroom apartment, perfect for larger households or shared living arrangements.
Whether you're an investor seeking steady rental income or a business owner looking to live and work in the same building, this versatile property is a rare find. Prime location with easy access to public transportation, shopping, and all that Brooklyn has to offer.
Don't miss out on this exceptional property - a smart addition to any portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,095
Year Built
- Built in 1925
Lot Details
- 1,790 Sq Ft Lot
- Lot Dimensions are 20x55
- Back Yard
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Living Room
- Galley Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- 110 Volts
- Individual Gas Meter
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 0051 / 05790
- Assessor Parcel Number 05790-0051
Map
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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 | $12,354 | $85,920 | $22,380 | $63,540 |
| 2024 | $12,354 | $93,000 | $22,380 | $70,620 |
| 2023 | $11,788 | $89,100 | $22,380 | $66,720 |
| 2022 | $11,587 | $79,560 | $22,380 | $57,180 |
| 2021 | $12,120 | $75,060 | $22,380 | $52,680 |
| 2020 | $5,684 | $83,520 | $22,380 | $61,140 |
| 2019 | $10,723 | $87,900 | $22,380 | $65,520 |
| 2018 | $10,952 | $48,370 | $13,751 | $34,619 |
| 2017 | $9,860 | $48,370 | $14,740 | $33,630 |
| 2016 | $9,594 | $47,992 | $17,550 | $30,442 |
| 2015 | $5,504 | $45,277 | $18,437 | $26,840 |
| 2014 | $5,504 | $42,715 | $19,406 | $23,309 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | For Sale | $1,899,000 | -- | $575 / Sq Ft |
Source: Staten Island Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,080,000 | -- | |
| Bargain Sale Deed | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $92,230 | Unknown | |
| Open | $670,000 | Commercial | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $545,500 | Commercial | |
| Previous Owner | $331,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: Staten Island Multiple Listing Service
MLS Number: 2503675
APN: 05970-0051
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