7001 3rd Avenue

7001 3rd Ave
Bay Ridge

$3,590,000
Price
—
Beds
—
Baths
4,840 Sq. Ft.
$742 / Sq. Ft.
4,840
Sq. Ft.
$742
per Sq. Ft.

Description

Prime corner property featuring a 1-story commercial storefront with two 3-bedroom, 1-bath residential units above, situated on a 20 ft x 112 ft lot with an additional adjacent 16 ft x 112 ft lot included (total 36 ft x 112 ft). The commercial store has 1 year left on the lease, while both apartments are occupied on a month-to-month basis (Both units can be delivered vacant). This high-visibility location offers strong rental income with excellent potential for future development or expansion.Prime corner property featuring a 1-story commercial storefront with two 3-bedroom, 1-bath residential units above, situated on a 20 ft x 112 ft lot with an additional adjacent 16 ft x 112 ft lot included (total 36 ft x 112 ft). The commercial store has 1 year left on the lease, while both apartments are occupied on a month-to-month basis (Both units can be delivered vacant). This high-visibility location offers strong rental income with excellent potential for future development or expansion.
  1. Listed by Hang (Tyler) Chen • Tiger Realty • Other

Amenities

  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/01/2025 12:17 PM

Property Details for 7001 3rd Avenue

StatusActive
MLS ID493017
Days on Market199
Taxes$16,422 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1914
Lot Size4,056 SF / 36' x 113'
CountyKings County

Building

7001 3rd Ave

3 Units3 StoriesBuilt in 1914

Location

Listing Courtesy of Tiger Realty
Add your commute

Building Information for 7001 3rd Avenue

Stories3Residences3Year Built1914Lot Size4,056 SF / 36' x 113'Building Age-Building Type-

Payment Calculator

$19,108 per month

30 year fixed, 6.28% Interest

Principal and Interest

$17,739

Property Taxes

$1,369

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7001 3rd Avenue

Summary
Location and General Information
  • Block: 5891
  • Number Of Stories: 1
  • Cross Street Name: Ovington Av
  • Cross Street Name: 72nd St
  • Zoning: R6B
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Other
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 16422.0
  • Gross Expense: 38422.0
  • Gross Income: $195,600.00
Property
Lot Information
  • Sq Ft Total: 4840
  • Yard: Back
  • Lot Number: 21
  • Lot Size Irregular YN: No
  • Lot Size Length: 112
  • Lot Size Width: 36
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 0.0
  • Fuel Expense: 6000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Tile, Other
  • Unit Count: 3
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Other
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1300.0
  • Building Length: 65.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 11000.0
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2650.0
  • Unit Floor: 2
  • Unit Projected Rent: 3500.0
  • Unit Rooms Total: 6
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2650.0
  • Unit Floor: 3
  • Unit Projected Rent: 3500.00
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 10000.0
  • Owner Occupied: No

Property History for 7001 3rd Avenue

DateEvent & SourcePriceAppreciationLink
Oct 2, 2025

Price Change

BKMLS #493017

$3,590,000——
Sep 2, 2025

Price Change

BKMLS #493017

$3,780,000——
May 28, 2025

Price Change

BKMLS #493017

$3,788,000——
May 28, 2025

Listed (Active)

BKMLS #493017

$3,780,000——
Dec 14, 2017

Sold (Public Record)

ACRIS #2017122100023001

$3,075,000

+29.8% / yr

Jun 28, 2016

Sold (Public Record)

ACRIS #2016070100530001

$2,100,000—
DateEvent & SourcePrice
10/02/2025

Price Change

BKMLS #493017

$3,590,000
09/02/2025

Price Change

BKMLS #493017

$3,780,000
05/28/2025

Price Change

BKMLS #493017

$3,788,000
05/28/2025

Listed (Active)

BKMLS #493017

$3,780,000
12/14/2017

Sold (Public Record)

ACRIS #2017122100023001

$3,075,000

+29.8% / yr

06/28/2016

Sold (Public Record)

ACRIS #2016070100530001

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7001 3rd Avenue

Taxable ValueLand$37,560Additions$56,580Total$94,140
Tax Record2025$16,422 ($1,369 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,900 SqFtLot Size4,056 SqFtYear Built1914ZoningR6BAPN3058910021

Schools near 7001 3rd Avenue

This home is within New York City Geographic District #20.
Rating
School
Type
Grades
Distance
P.S. 102 The Bayview
Public - K to 5
Jhs 259 William Mckinley
Public - 6 to 8
Fort Hamilton High School
Public - 9 to 12
Sunset School of Cultural Learning
Public - K to 2
Rating
School
Distance
P.S. 102 The Bayview
PublicK to 5

Jhs 259 William Mckinley
Public6 to 8

Fort Hamilton High School
Public9 to 12

Sunset School of Cultural Learning
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7001 3rd Avenue, Bay Ridge

7001 3rd Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on May 28, 2025 by Tiger Realty, it's currently listed at $3,590,000. It has been on the market for a total of 199 days and was last sold on December 14, 2017. This listing's school district is New York City Geographic District #20. Nearby schools include P.S. 102 The Bayview, Jhs 259 William Mckinley and Fort Hamilton High School. 7001 3rd Avenue is a 0-bed, 0-bath, 4,840 sqft mixed use property built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tiger Realty

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.