7601 5th Avenue

Bay Ridge

$2,200,000
Price
4
Beds
2
Baths
4,152 Sq. Ft.
$530 / Sq. Ft.
4,152
Sq. Ft.
$530
per Sq. Ft.

Description

Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...
  1. Listed by Siu Kit Wong • RE/MAX Real Estate Professiona • Other

Amenities

  • Ground Floor
  • Walk Up
  • Voice Intercom
  • Basement
  • Full Basement
  • Parking Included
  • Lowrise
  • Tile Floors

Open Houses

Saturday, May 4th

4:00 PM - 5:00 PM

PublicView Details

Location

Listing Courtesy of RE/MAX Real Estate Professiona
Add your commute
LISTING UPDATED: 05/02/2024 01:04 PM

Property Details for 7601 5th Avenue

StatusActive
MLS ID475650
Days on Market289
Taxes$32,478 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size2,035 SF / 21' x 95'
CountyKings County

Building

7601 5th Ave

5 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of RE/MAX Real Estate Professiona
Add your commute

Building Information for 7601 5th Avenue

Stories3Residences5Year Built1931Lot Size2,035 SF / 21' x 95'Building AgePre-warBuilding TypeLowrise

Payment Calculator

$14,713 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,707

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7601 5th Avenue

Summary
Location and General Information
  • Block: 5952
  • Number Of Stories: 3
  • Cross Street Name: 76th St
  • Cross Street Name: 77th St
  • Zoning: R6B, C1-3
  • Roof: Other
  • Open House Public Upcoming: Public: Sat May 4, 4:00PM-5:00PM
  • Open House Upcoming: Public: Sat May 4, 4:00PM-5:00PM
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 32478.0
  • Gross Expense: 44478.0
  • Gross Income: $157,740.00
  • Cap Rate: .05%
Property
Lot Information
  • Sq Ft Total: 4152
  • Yard: None
  • Lot Number: 10
  • Lot Size Irregular YN: No
  • Lot Size Length: 95
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 800.0
  • Fuel Expense: 5000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 5
  • Lavatories: Unknown
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1200.0
  • Building Length: 60.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 4200.0
  • Unit Room Description: Expires 2022/2032
  • Unit Floor: 1
  • Unit Occupant: Brooklyn Chiropatic
  • Unit Status: Leased
  • Unit Unit Type: Medical
Unit 2
  • Unit Category: Store
  • Unit Current Rent: 945.0
  • Unit Room Description: expires 2030
  • Unit Floor: 3
  • Unit Occupant: J.R.R Roofing & Sheetmetal
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 3
  • Unit Category: Store
  • Unit Current Rent: 1200.0
  • Unit Room Description: Expires 2024
  • Unit Floor: 2
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 3300.0
  • Unit Floor: 1
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 5
  • 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 Floor: 2
  • Unit Projected Rent: 3500.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Agent
Agent Information
  • Net Operating Income: 120280.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5000.0
  • Owner Occupied: No

Property History for 7601 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7601 5th Avenue

Taxable ValueLand$106,200Additions$247,050Total$353,250
Home Facts
Total Finished SqFt4,152 SqFtLot Size2,035 SqFtYear Built1931ZoningR6BAPN3059520010

Schools near 7601 5th 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
Ralph A Fabrizio School
PublicK to 5

Jhs 259 William Mckinley
Public6 to 8

Fort Hamilton High School
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.

Similar Homes

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Similar Sold Homes

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7601 5th Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on July 20, 2023 by RE/MAX Real Estate Professiona, it's currently listed at $2,200,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include Ralph A Fabrizio School, Jhs 259 William Mckinley and Fort Hamilton High School. 7601 5th Avenue is a 4-bed, 2-bath, 4,152 sqft mixed use property built in 1931.

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Listing Courtesy of RE/MAX Real Estate Professiona

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 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 2024, 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. ©2024 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.©2024 The Real Estate Board of New York, Inc., All rights reserved.