7315 3rd Ave
Brooklyn, NY 11209
Bay Ridge- Studio
- 2 Baths
- 3,000 sqft
Studio
2 Baths
3,000 sqft
Local Information
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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 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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 04, 2024
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 7315 3rd Ave
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Interior Details Basement: Finished,Full,Separate Entrance |
Beds & Baths Number of Bathrooms: 4Number of Bathrooms (half): 4 |
Dimensions and Layout Living Area: 3000 Square FeetFoundation Area: 1000 |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Natural Gas,Baseboard,Hot WaterHas CoolingHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: 110 V, 220 Volts, Circuit Breakers, Other |
Windows, Doors, Floors & Walls Door: Doors - 10 ft and underFlooring: Carpet, Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Hardwood, Tile |
Security Security: Smoke Detector(s), Fire Sprinkler System |
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Exterior Home Features Roof: Flat RubberFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Street,None |
Frontage Not on Waterfront |
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Cumulative Days on Market: 158 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: ResidentialProperty Subtype: Mixed Use |
Building Building: Kitchen, Restrooms - Public, Restrooms - Staff, OtherConstruction Materials: Sheet Rock, BrickAttached To Another Structure |
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Price List Price: $1,850,000 |
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MLS Status: Sold |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Building Area Building Area: 3000 Square Feet |
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Units in Building: 5 |
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Lot Area: 1000 sqft |
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Special Conditions: Arm's Length |
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BasementMls Number: 483663 |
Last check for updates: about 23 hours ago
Listed by Karla Ng Mok, (347) 320-3652
Century 21 Realty First
Anthony Frazzetta, (917) 593-8713
Century 21 Realty First
Source: BNYMLS, MLS#483663

Price History for 7315 3rd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/03/2024 | $1,850,000 | Sold | BNYMLS #483663 |
| 07/08/2024 | $1,998,000 | Pending | BNYMLS #483663 |
| 02/01/2024 | $1,998,000 | PriceChange | BNYMLS #479635 |
| 11/20/2023 | $2,095,000 | Listed For Sale | BNYMLS #476481 |
| 11/10/2023 | ListingRemoved | StreetEasy | |
| 08/29/2023 | $2,095,000 | Listed For Sale | BNYMLS #476481 |
| 12/12/2022 | ListingRemoved | BNYMLS #460251 | |
| 12/02/2022 | $1,750,000 | Pending | BNYMLS #460251 |
| 12/02/2022 | $1,750,000 | PriceChange | BNYMLS #460251 |
| 09/01/2022 | $2,050,000 | PriceChange | BNYMLS #460251 |
| 03/28/2022 | $2,095,000 | Listed For Sale | BNYMLS #460251 |
| 07/02/2021 | ListingRemoved | Exit Realty Professionals | |
| 06/10/2021 | $2,100,000 | PriceChange | Exit Realty Professionals |
| 04/24/2021 | $2,195,000 | Listed For Sale | Exit Realty Professionals |
| 10/31/2019 | $2,300,000 | ListingRemoved | Agent Provided |
| 09/26/2019 | $2,300,000 | Listed For Sale | Agent Provided |
| 10/16/2017 | $2,000,000 | ListingRemoved | Agent Provided |
| 01/16/2017 | $2,000,000 | Listed For Sale | Agent Provided |
| 04/09/2012 | $1,400 | ListingRemoved | Agent Provided |
| 03/10/2012 | $1,400 | Listed For Rent | Agent Provided |
| 01/11/2012 | $1,400 | ListingRemoved | Agent Provided |
| 12/12/2011 | $1,400 | Listed For Rent | Agent Provided |
| 03/02/2000 | $435,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $17,148 |
| Assessment | $749,000 |
Home facts updated by county records
Comparable Sales for 7315 3rd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $1,220,000 | 10/09/25 | 0.5 | 3,000 | ||
0.11 | Single-Family Home | $1,800,000 | 05/07/26 | 2 | 5,001 | ||
0.41 | Single-Family Home | $1,850,000 | 01/21/26 | 2 | 3,300 | ||
0.20 | Single-Family Home | $860,000 | 08/26/25 | 3 | 1.5 | 1,368 | |
0.46 | Single-Family Home | $1,800,000 | 05/15/26 | 6 | 2 | 2,841 | |
0.33 | Single-Family Home | $1,600,000 | 12/31/25 | 4 | 3.5 | 2,600 | |
0.39 | Single-Family Home | $1,108,000 | 04/14/26 | 3 | 2 | 1,616 | |
0.36 | Single-Family Home | $1,800,000 | 10/15/25 | 6 | 3 | 3,491 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7315 3rd Ave.
What Locals Say about Bay Ridge
At least 1008 Trulia users voted on each feature.
93 % Say there are sidewalks
92 % Say it's walkable to restaurants
91 % Say it's walkable to grocery stores
90 % Say it's dog friendly
83 % Say streets are well-lit
79 % Say people would walk alone at night
68 % Say kids play outside
63 % Say there's holiday spirit
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
51 % Say yards are well-kept
49 % Say it's quiet
48 % Say there are community events
36 % Say car is needed
34 % Say there's wildlife
21 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
Homes for rent near 7315 3rd Ave
7315 3rd Ave, Brooklyn, NY 11209 is a studio, 4 bathroom, 3,000 sqft single-family home built in 1915. 7315 3rd Ave is located in Bay Ridge, Brooklyn. This property is not currently available for sale. 7315 3rd Ave was last sold on Sep 3, 2024 for $1,850,000 (0% higher than the asking price of $1,850,000). The current Trulia Estimate for 7315 3rd Ave is $1,940,000.

