7315 3rd Avenue

Bay Ridge, Brooklyn, NY 11209

$2,100,000
Price
Beds
3,260 Sq. Ft.
$644 / Sq. Ft.
3,260
Sq. Ft.
$644
per Sq. Ft.

Description

Mixed use investment property in Bay Ridge. This property consists of one prime commercial store (with extension) on the ground floor and four residential units above, all free market. Commercial space consists of a functioning restaurant. this 3,260 SF mixed-use property has approx. The commercial tenant is responsible for 50% of the annual real estate tax and 67% of the water bill. There is a full basement used for storage and spacious rear yard. New boiler and roof. Six gas meter and five electric...

Amenities

  • Ground Floor
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Full Basement

Location

Listing Courtesy of RE/MAX Edge

Property Details for 7315 3rd Avenue

StatusActive
MLS ID450428
Days on Market51
Taxes$14,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1915
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

7315 3rd Ave

5 Units3 StoriesBuilt in 1915

Contact a Compass agent

Location

Listing Courtesy of RE/MAX Edge

Building Information for 7315 3rd Avenue

Stories3Residences5Year Built1915Lot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$8,204 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,038

Property Taxes

$1,167

Maintenance/Common Charges

$0

Property Information for 7315 3rd Avenue

Summary
    Location and General Information
  • Block: 5918
  • Number Of Stories: 1
  • Cross Street Name: 73rd Street
  • Zoning: R6b
  • Roof: Other
    Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
    Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 14000.0
  • Gross Expense: 16.95
  • Gross Income: $124,272.00
  • Cap Rate: .05%
Property
    Lot Information
  • Sq Ft Total: 3260
  • Yard: Back
  • 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: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Hot Water Coil in Boiler
  • Utility Expense: 600.0
  • Fuel Expense: 4500.0
Interior and Exterior Features
    Interior Features
  • Basement Amenities: Unfinished
  • Commercial Features Interior: None
  • Foundation Details: Other
  • Flooring: Carpeting
  • Unit Count: 5
  • Lavatories: None
  • Construction Materials: Brick
  • Electric: 110 V
  • Ceiling Height: 8-10 Foot
    Exterior Features
  • Exterior: Brick Face, Brownstone
  • Commercial Features Exterior: None
  • 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 Category: Store
  • Unit Current Rent: 5306.0
  • Unit Floor: 1
  • 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 Current Rent: 1125.0
  • Unit Floor: 2
  • Unit Rooms Total: 2
  • 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 Current Rent: 1300.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
    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 Current Rent: 1225.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
    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 Current Rent: 1400.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
Agent
    Agent Information
  • Net Operating Income: 107322.0
    Sale and Listing
  • Sale Type: Arm's Length
Rental
    Rental Information
  • Insurance Expense: 4100.0
  • Owner Occupied: No

Property History for 7315 3rd Avenue

DateEvent & SourcePriceAppreciation
Jun 9, 2021

Price Change

BKMLS #450428

$2,100,000
Apr 23, 2021

Temporarily Off Market

BKMLS #450383

$2,195,000
Apr 22, 2021

Listed (Active)

BKMLS #450383

$2,195,000
DateEvent & SourcePrice
06/09/2021

Price Change

BKMLS #450428

$2,100,000
04/23/2021

Temporarily Off Market

BKMLS #450383

$2,195,000
04/22/2021

Listed (Active)

BKMLS #450383

$2,195,000

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

Schools near 7315 3rd Avenue


SchoolTypeGradesDistanceRating
Holy Angels Catholic AcademyPrivatePK-80.1 mi
NR
Bay Ridge Preparatory SchoolPrivateK-120.1 mi
NR
Bay Ridge PrepPrivate9-120.1 mi
NR
P.S. 102 The BayviewPublicK-50.2 mi
7

Holy Angels Catholic Academy

PK-8, 0.1 mi, Private

NR

Bay Ridge Preparatory School

K-12, 0.1 mi, Private

NR

Bay Ridge Prep

9-12, 0.1 mi, Private

NR

P.S. 102 The Bayview

K-5, 0.2 mi, Public

7

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.

Bay Ridge
Bay Ridge
From the American Revolution to “Saturday Night Fever,” these quiet hills have seen it all. Arriving in Bay Ridge can feel like a step back in time; independent businesses still thrive in this waterfront community devoid of towering developments and downtown hustle.

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7315 3rd Avenue is a mixed use property for sale in Bay Ridge, Brooklyn, NY 11209. This property was listed for sale on April 22, 2021 by RE/MAX Edge at $2,100,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include Holy Angels Catholic Academy, Bay Ridge Preparatory School and Bay Ridge Prep. 7315 3rd Avenue is a 0-bed, 0-bath, 3,260 sqft mixed use property built in 1915. This address can also be written as 7315 3rd Ave.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Edge

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