Listing Courtesy of Precious Properties Corp.


$2,999,000
7623 3rd Avenue
Brooklyn, NY 11209
MLS# 1163868
5000 sqft


7623 3rd Avenue, Brooklyn, NY 11209
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7623 3rd Avenue, Brooklyn, NY 11209 7623 3rd Ave storefront 311A 77th St. storefront 311B 77th St. storefront 7623 3rd Avenue, Brooklyn, NY 11209 Residential units 7623 3rd Avenue, Brooklyn, NY 11209 Back door access on 77th St to store on 7623 3rd Ave store Access to basement on 3rd Ave 7623 3rd Avenue, Brooklyn, NY 11209

Property Description
Prime 3rd Ave location on the corner of 77th Street. Investors opportunity to own this updated building with 3 commercial units and 4 residential units that produce $188,076/yr in gross income. Each apartment is 1 bedroom 1 bath. Many upgrades to the building and apartments. Walk to stores, restaurants, and bakeries, and the 4 train is one block away. For detail of the rent roll and expenses call the listing agent.

Details
Maps
Documents
Address/Legal
Street No.: 7623
Street Name: 3rd
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11209
Area Name: Bay Ridge
Section: N/A
Parcel ID: 05950-0001
Contract/Location Information
Listing Date: 2023-08-22
List Price: $2,999,000
Current Price: $2,999,000
Sub-Type: Commercial
List Price/SqFt: 599.8
Sale/Lease: Sale
Zoning: R6-B
Block: 05950
Lot: 0001
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 3
Year Built: 1929
Year Built Info: Approx
Taxes: 28852
Tax Abated: No
Lot Size SqFt: 2500
Lot Dim: 25x100
Irregular: No
Building SqFt: 5000
Condition: Excellent
Air Conditioner: None
# of Residential Units: 4
# of Commercial Units: 3
Public Remarks: Prime 3rd Ave location on the corner of 77th Street. Investors opportunity to own this updated building with 3 commercial units and 4 residential units that produce $188,076/yr in gross income. Each apartment is 1 bedroom 1 bath. Many upgrades to the building and apartments. Walk to stores, restaurants, and bakeries, and the 4 train is one block away. For detail of the rent roll and expenses call the listing agent.
Status Change Info
Status: Active
Building Info
Building Available SqFt: 5000
Retail Available SqFt: 2500
Sprinklers: No
Income & Expenses
Gross Income: 188076
Total Expense: 50743
Net Income: 137323
Property Features
Electric Meters: Individual
Gas Meters: Mixed
Electric: 220
Features: Apartment; Mixed Use; Retail
Construction: Concrete Block; Frame Brick
Parking: Street
Expenses Include: Insurance; Taxes; Utilities
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listing data provided courtesy of Staten Island Multiple Listing Service. The 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.