7624 5th AVE, Brooklyn, NY 11209
7624 5th AVE, Brooklyn, NY 11209
7624 5th AVE, Brooklyn, NY 11209
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$1,849,000
Est. payment /mo
3,655 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $505

MLS Listing ID 501074

Year Built 1931

Annual Tax Amount $14,639

Property Sub-Type Mixed Use

Property Description

Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448.

Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn's most sought-after neighborhoods. Sellers are motivated, present all offers!

Location

State NY

County Kings (brooklyn)

Area Bay Ridge

Zoning R6B

Rooms

Basement Full

Interior

Interior Features Heated

Hot Water Gas

Heating Gas

Flooring Ceramic, Hardwood, Laminate

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Story 3

Foundation Poured Concrete, Stone

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by Ben Bay Realty Co of Bay Ridge

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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