7404 3rd Ave
Brooklyn, NY 11209
Bay Ridge- Studio
- 7,400 sqft
Studio
7,400 sqft
Home Highlights
Parking
None
Climate Control
Heating only
Price/Sqft
$484
Listed
180+ days ago
Local Information
-- mins to
About this House
Rare street-corner mixed-use building offers both residential and commercial spaces, located in the heart of Bay Ridge’s vibrant 3rd Avenue business district. With excellent visibility, close proximity to the subway, and convenient transportation options, this property promises strong rental income and stable cash flow. The building sits on a 3,200 sqft lot, with a 40 × 60 ft lot. The residential portion includes a 4-bedroom, 2-bath unit on the second floor, about 1800sqf. a fully renovated (approx. 5 years ago) 5-bedroom, 1-bath, 2-bath unit on the third floor, and a newly renovated 4-bedroom, 1-bath, 2-bath unit at the back of the second floor. The commercial section features two prime retail spaces on the corner, offering excellent street exposure. The property generates a total rental income of $20,430/month, or $245,160/year. Operating expenses are $35,296 annually, resulting in a Net Operating Income (NOI) of $209,864/year, with a cap rate of 5.83%. Each unit has separate heating and hot water systems, adding flexibility for both residential and commercial tenants. With stable tenants and strong cash flow, this is a must-see investment opportunity!
Last check for updates: about 22 hours ago
Listing by: E House Realty & Mgt. Inc., (718) 680-2776
David Feng, (718) 680-2776
E House Realty & Mgt. Inc., (718) 680-2776
Selyna D. Eng, (718) 503-2019
Source: BNYMLS, MLS#495979

Home Details for 7404 3rd Ave
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Interior Details Basement: Other |
Dimensions and Layout Living Area: 7400 Square FeetFoundation Area: 2400 |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Natural Gas,Hot WaterNo CoolingHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: 110 V, 220 Volts |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 3Floors: Hardwood |
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Exterior Home Features Roof: OtherFoundation: Block |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
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Cumulative Days on Market: 307Days on Market: 180+ |
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Year Built Year Built: 1939 |
Property Type / Style Property Type: ResidentialProperty Subtype: Mixed Use |
Building Building: NoneConstruction Materials: BrickAttached To Another Structure |
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Price List Price: $3,580,000Price Per Sqft: $484 |
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MLS Status: Active |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Listing Agent Listing ID: 495979 |
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Building Area Building Area: 7400 Square Feet |
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Lot Area: 3200 sqft |
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Special Conditions: Arm's Length |
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BasementMls Number: 495979 |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Price History for 7404 3rd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/11/2026 | $3,580,000 | PriceChange | BNYMLS #495979 |
| 09/20/2025 | $3,600,000 | Listed For Sale | BNYMLS #495979 |
| 06/10/2019 | $2,500,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $24,177 |
| Assessment | $2,007,000 |
Home facts updated by county records
Comparable Sales for 7404 3rd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $1,800,000 | 05/07/26 | 2 | 5,001 | ||
0.34 | Single-Family Home | $3,240,000 | 08/28/25 | - | 3,240 | ||
0.38 | Single-Family Home | $1,800,000 | 10/15/25 | 6 | 3 | 3,491 | |
0.31 | Single-Family Home | $1,830,000 | 02/12/26 | - | 3,300 | ||
0.30 | Single-Family Home | $1,600,000 | 12/31/25 | 4 | 3.5 | 2,600 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7404 3rd Ave.
What Locals Say about Bay Ridge
At least 1010 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
67 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David Feng, E House Realty & Mgt. Inc., (718) 680-2776
Agent Phone: (718) 680-2776

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.

