7315 3rd Avenue

Baths
3,000 Sq. Ft.
$617 / Sq. Ft.
3,000
Sq. Ft.
$617
per Sq. Ft.

Description

[ONLY CASH BUYERS] Introducing a Semi-Detached Mixed-Use investment property located in the most desired and wanted neighborhood, Bay Ridge. The property has a Building Size of 20x50 sitting on a 20x100 lot. Taxes are $14,509/year. This stunning property consists of one prime commercial store with an extension on the ground floor and 4 residential 1-bedroom units above in well-maintained and excellent condition at a free-market rent. This investment property also features a full basement for storage...[ONLY CASH BUYERS] Introducing a Semi-Detached Mixed-Use investment property located in the most desired and wanted neighborhood, Bay Ridge. The property has a Building Size of 20x50 sitting on a 20x100 lot. Taxes are $14,509/year. This stunning property consists of one prime commercial store with an extension on the ground floor and 4 residential 1-bedroom units above in well-maintained and excellent condition at a free-market rent. This investment property also features a full basement for storage and a spacious backyard with a brand-new boiler, and roof. The Commercial Store has a 3-year left from the lease which states that the current tenant is responsible for 50% of the taxes and 67% of the water bill. What's more excellent about this property is that it generates a gross income of $139,560, after a total expense of $21,609/year, the building still generates a CAP Rate of 5-6% a year. The location of this property brings add-in value due to the heavy foot and car traffic. Near to all shopping, restaurants, and all kinds of transportation. This would be perfect for someone looking to grow and expand a business and someone looking to get a stream of income! Please have the pre-approval or proof of funds ready before showing per the owner's request. Won't Last!
  1. Listed by Karla Ng Mok • Century 21 Realty First
  2. Listed by Anthony Frazzetta • Century 21 Realty First

Amenities

  • Ground Floor
  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Full Basement
  • Parking Included
  • Lowrise
LISTING UPDATED: 09/04/2024 10:39 AM

Property Details for 7315 3rd Avenue

StatusSold
MLS ID483663
Days on Market32
Taxes$14,509 / year
Maintenance-
Min. Down Pymt-
Total Rooms2.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1915
Lot Size1,000 SF / 20' x 100'
CountyKings County

Building

7315 3rd Ave

5 Units3 StoriesBuilt in 1915

Location

Listing Courtesy of Century 21 Realty First

Sold By eXp Realty BKNY

Add your commute

Building Information for 7315 3rd Avenue

Stories3Residences5Year Built1915Lot Size1,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$10,226 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,017

Property Taxes

$1,209

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7315 3rd Avenue

Summary
Location and General Information
  • Block: 5918
  • Number Of Stories: 1
  • Cross Street Name: 73rd St
  • Cross Street Name: 74th St
  • Zoning: R6B, C1-3
  • Roof: Flat, Rubber
  • Water Front Present YN: No
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Cash
  • Tax Amount: 14509.0
  • Gross Income: $139,560.00
Property
Lot Information
  • Sq Ft Total: 3000
  • Yard: Back, Front
  • Lot Number: 4
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Baseboard, Hot Water
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
  • Utility Expense: 600.0
  • Fuel Expense: 4500.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full, Separate Entrance
  • Commercial Features Interior: Fire - Smoke Alarm, Fire Sprinkler, Kitchen, Restrooms - Public, Restrooms - Staff, Other
  • Foundation Details: Poured Concrete
  • Flooring: Carpeting, Hardwood, Tile
  • Unit Count: 5
  • Number Of Available Units: 4
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: 110 V, 220 V, Circuit Breakers, Other
  • Ceiling Height: 11-15 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Doors - 10 ft and under
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1000.0
  • Building Length: 50.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Baths Half: 3.0
  • Unit Category: Store
  • Unit Current Rent: 5630.0
  • Unit Features: Appliances Included, Dishwasher, Oven/Range, Refrigerator, Other
  • Unit Floor: 1FL
  • Unit Status: Leased
  • Unit Unit Type: Restaurant
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1700.0
  • Unit Features: Appliances Included,Heat Included,Oven/Range,Refrigerator,Water Included,Other
  • Unit Floor: 2F
  • Unit Rooms Total: 3
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1350.0
  • Unit Features: Appliances Included,Heat Included,Oven/Range,Refrigerator,Water Included
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1450.0
  • Unit Features: Appliances Included,Heat Included,Oven/Range,Refrigerator,Water Included
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1500.0
  • Unit Features: Appliances Included,Heat Included,Oven/Range,Refrigerator,Water Included,Other
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Agent
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1490345.0
Rental
Rental Information
  • Insurance Expense: 4100.0
  • Certificate Of Occupancy YN: Yes
  • Owner Occupied: No

Property History for 7315 3rd Avenue

DateEvent & SourcePriceAppreciationLink
Sep 3, 2024

Sold

BKMLS #483663

$1,850,000
Sep 3, 2024

Contract Signed

BKMLS #483663

Sep 3, 2024

Sold (Public Record)

ACRIS #2024091800897001

$1,850,000
Jun 6, 2024

Listed (Active)

BKMLS #483663

$1,998,000
Apr 2, 2024

Price Change

BKMLS #479635

$1,998,000
Apr 2, 2024

Price Change

BKMLS #479635

$1,898,000
Feb 1, 2024

Temporarily Off Market

BKMLS #479635

$1,998,000
Feb 1, 2024

Price Change

BKMLS #479635

$1,998,000
Feb 1, 2024

Listed (Active)

BKMLS #479635

$1,898,000
Sep 5, 2023

Temporarily Off Market

BKMLS #476481

$2,095,000
Aug 28, 2023

Listed (Active)

BKMLS #476481

$2,095,000
Dec 2, 2022

Temporarily Off Market

BKMLS #460251

$1,750,000
Dec 2, 2022

Price Change

BKMLS #460251

$1,750,000
Dec 2, 2022

Contract Signed

BKMLS #460251

Sep 16, 2022

Temporarily Off Market

BKMLS #427293

Sep 1, 2022

Price Change

BKMLS #460251

$2,050,000
Mar 28, 2022

Price Change

BKMLS #460251

$2,095,000
Mar 28, 2022

Listed (Active)

BKMLS #460251

$2,050,000
Jun 9, 2021

Price Change

BKMLS #450428

$2,100,000
Apr 23, 2021

Price Change

BKMLS #450428

$2,195,000
Apr 23, 2021

Temporarily Off Market

BKMLS #450428

$2,100,000
Apr 23, 2021

Temporarily Off Market

BKMLS #450383

$2,195,000
Apr 22, 2021

Listed (Active)

BKMLS #450428

$2,195,000
Apr 22, 2021

Listed (Active)

BKMLS #450383

$2,195,000
Feb 15, 2019

Permanently Off Market

BKMLS #427293

$2,300,000
Feb 15, 2019

Temporarily Off Market

BKMLS #427293

$2,300,000
Feb 15, 2019

Listed (Active)

BKMLS #427293

$2,300,000
Dec 27, 2017

Contract Signed

BKMLS #408255

May 9, 2017

Price Change

BKMLS #408255

$125,000
Mar 22, 2017

Listed (Active)

BKMLS #408255

$175,000
DateEvent & SourcePrice
09/03/2024

Sold

BKMLS #483663

$1,850,000
09/03/2024

Contract Signed

BKMLS #483663

09/03/2024

Sold (Public Record)

ACRIS #2024091800897001

$1,850,000
06/06/2024

Listed (Active)

BKMLS #483663

$1,998,000
04/02/2024

Price Change

BKMLS #479635

$1,998,000
04/02/2024

Price Change

BKMLS #479635

$1,898,000
02/01/2024

Temporarily Off Market

BKMLS #479635

$1,998,000
02/01/2024

Price Change

BKMLS #479635

$1,998,000
02/01/2024

Listed (Active)

BKMLS #479635

$1,898,000
09/05/2023

Temporarily Off Market

BKMLS #476481

$2,095,000
08/28/2023

Listed (Active)

BKMLS #476481

$2,095,000
12/02/2022

Temporarily Off Market

BKMLS #460251

$1,750,000
12/02/2022

Price Change

BKMLS #460251

$1,750,000
12/02/2022

Contract Signed

BKMLS #460251

09/16/2022

Temporarily Off Market

BKMLS #427293

09/01/2022

Price Change

BKMLS #460251

$2,050,000
03/28/2022

Price Change

BKMLS #460251

$2,095,000
03/28/2022

Listed (Active)

BKMLS #460251

$2,050,000
06/09/2021

Price Change

BKMLS #450428

$2,100,000
04/23/2021

Price Change

BKMLS #450428

$2,195,000
04/23/2021

Temporarily Off Market

BKMLS #450428

$2,100,000
04/23/2021

Temporarily Off Market

BKMLS #450383

$2,195,000
04/22/2021

Listed (Active)

BKMLS #450428

$2,195,000
04/22/2021

Listed (Active)

BKMLS #450383

$2,195,000
02/15/2019

Permanently Off Market

BKMLS #427293

$2,300,000
02/15/2019

Temporarily Off Market

BKMLS #427293

$2,300,000
02/15/2019

Listed (Active)

BKMLS #427293

$2,300,000
12/27/2017

Contract Signed

BKMLS #408255

05/09/2017

Price Change

BKMLS #408255

$125,000
03/22/2017

Listed (Active)

BKMLS #408255

$175,000

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

Public Records for 7315 3rd Avenue

Taxable ValueLand$86,850Additions$316,350Total$403,200
Home Facts
Total Finished SqFt3,000 SqFtLot Size2,000 SqFtYear Built1915ZoningR6BAPN3059180004

Schools near 7315 3rd Avenue

This home is within New York City Geographic District #20.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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Listing Courtesy of Century 21 Realty First

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