PENDING
$449K PRICE DROP
8710 3rd Ave Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated payment $12,453/month
Total Views
1,611
7
Beds
5
Baths
4,800
Sq Ft
$427
Price per Sq Ft
About This Home
Priced to sell at a 5.02% Cap rate!
8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities.
Unit Breakdown
1 X Commercial space
3 X 1 Bedroom & 1 Bathroom
2 X 2 Bedroom & 1 Bathroom
Building Information
Lot Size 20 X 100
Building Size 20 X 80
Total interior square foot 4800
Upgrades: Hot water heaters and boiler
For income and expense breakdown, please reach out.
Value-Add Opportunities:
Laundry Facility: Basement hook-up already in place for adding laundry services.
Storage Cages: Potential to add storage cages in the basement for extra income.
Roof Improvement: Opportunity to finish the roof and possibly create additional usable space.
All numbers are estimate and will need to be verified
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,736
Year Built
- Built in 1926
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Interior Spaces
- 4,800 Sq Ft Home
- 3-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Utilities
- No Cooling
Community Details
- 6 Units
- Fort Hamilton Subdivision
Listing and Financial Details
- Legal Lot and Block 0034 / 06048
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 | $14,734 | $539,550 | $13,050 | $526,500 |
| 2024 | $14,734 | $466,650 | $13,050 | $453,600 |
| 2023 | $13,387 | $433,350 | $13,050 | $420,300 |
| 2022 | $12,396 | $541,800 | $13,050 | $528,750 |
| 2021 | $12,396 | $637,650 | $13,050 | $624,600 |
| 2020 | $12,212 | $674,100 | $13,050 | $661,050 |
| 2019 | $11,434 | $561,600 | $13,050 | $548,550 |
| 2018 | $0 | $83,946 | $2,341 | $81,605 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Price Changed | $2,050,000 | -18.0% | $427 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $2,499,000 | -- | $521 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,024,375 | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11007293
APN: 06048-0034
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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