7315 3rd Avenue
7315 3rd Avenue
$1,998,000
4
6
3,000
3,000
$666
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!
- Listed by Karla Ng Mok • Century 21 Realty First
- Listed by Anthony Frazzetta • Century 21 Realty First
Amenities
- Ground Floor
- Walk Up
- Voice Intercom
- Basement
- Private Outdoor Space
- Full Basement
- Parking Included
- Lowrise
Location
LISTING UPDATED: 04/02/2024 04:02 PM
Property Details for 7315 3rd Avenue
Status | Active |
---|---|
MLS ID | 479635 |
Days on Market | 87 |
Taxes | $14,509 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 2.0 |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | 1915 |
Lot Size | 1,000 SF / 20' x 100' |
County | Kings County |
Building
Location
Building Information for 7315 3rd Avenue
Stories3Residences5Year Built1915Lot Size1,000 SF / 20' x 100'Building Age-Building Type-
Payment Calculator
$12,113 per month
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Property Information for 7315 3rd Avenue
Property History for 7315 3rd Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$258,300Total$345,150
Home Facts
Total Finished SqFt3,000 SqFtLot Size2,000 SqFtYear Built1915ZoningR6BAPN3059180004
Schools near 7315 3rd Avenue
This home is within Nyc Geog District #20 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
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 | ||
High School Of Telecommunications Arts And Technol Public9 to 12 |
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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