7404 3rd Ave, Brooklyn, NY 11209
FOR SALE

7404 3rd Ave
Brooklyn, NY 11209

Bay Ridge
  • Studio
  • 7,400 sqft

$3,580,000

Original price: $3,600,000
Est. Mortgage $19,413/mo*
Get Pre-Qualified

$3,580,000

Original price: $3,600,000
Est. Mortgage $19,413/mo*
Get Pre-Qualified
Studio
7,400 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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 (1,800 sqft, delivered vacant), 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!

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$484
Listed
180+ days ago
Last check for updates: 1 day 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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None

Days on Market

Cumulative Days on Market: 171Days on Market: 180+

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: ResidentialProperty Subtype: Mixed Use
Building
Building: NoneConstruction Materials: BrickAttached To Another Structure

Price & Status

Price
List Price: $3,580,000Price Per Sqft: $484

Active Status

MLS Status: Active

Location

Direction & Address
City: BrooklynCommunity: Brooklyn

Agent Information

Listing Agent
Listing ID: 495979

Building

Building Area
Building Area: 7400 Square Feet

Lot Information

Lot Area: 3200 sqft

Listing Info

Special Conditions: Arm's Length

Miscellaneous

BasementMls Number: 495979

Price History for 7404 3rd Ave

DatePriceEventSource
03/11/2026$3,580,000PriceChange
BNYMLS #495979
09/20/2025$3,600,000Listed For SaleBNYMLS #495979
06/10/2019$2,500,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$24,299
Assessment$1,883,000
Home facts updated by county records

Comparable Sales for 7404 3rd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
237 Bay Ridge Pkwy, Brooklyn, NY
0.07
Single-Family Home
$1,800,000
05/07/26
2
5,001
7302 5th Ave, Brooklyn, NY
0.30
Single-Family Home
$2,280,000
05/20/25
2
7,500
6754 4th Ave, Brooklyn, NY
0.34
Single-Family Home
$3,240,000
08/28/25
-
3,240
528 Bay Ridge Parkway, Brooklyn, NY
0.38
Single-Family Home
$1,800,000
10/15/25
6
3
3,491
7504 5th Ave, Brooklyn, NY
0.31
Single-Family Home
$1,830,000
02/12/26
-
3,300
7404 Colonial Rd, Brooklyn, NY
0.30
Single-Family Home
$1,600,000
12/31/25
4
3.5
2,600

Assigned Schools

These are the assigned schools for 7404 3rd Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Bay Ridge
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Bay Ridge

At least 1005 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

Learn more about our methodology.
  • Carmen Gonzalez
    "I feel safe this is a good community with great people. The neighborhood is very friendly and the area is very clean and nice. "
    0
    Flag
  • Rositsa.tatsi
    "The various food and restaurants people come her from all over just to eat delicious food plus the neighborhood is still safe "
    1
    Flag
  • Litoling
    "I’m familiar with the Naibor hood and it’s very people friendly . I used to live in this neighborhood and I loved it easy access to public transportation and grocery stores and restaurants."
    0
    Flag
  • Z.ramaz
    "The best neighborhood in the world! We love living here. There are parks with amazing views, and very yummy restaurants."
    1
    Flag
  • Emamocani
    "It is a good Neighbourhood And it’s safe for family too. they have many supermarkets and restaurant near the home."
    0
    Flag
  • Shaimaa Aboelazm
    "Good area and everything around me and neighborhood is nice and I used to live here and the street is clean "
    4
    Flag
  • Shaimaa Aboelazm
    "Like to clean the street after walking and don’t throw anything in the street , keep everything clean "
    0
    Flag
  • Z.ramaz
    "I lived here for 10 years and I love you. I love this Neighbourhood. This is one of the best neighborhoods in New York City, actually in the world."
    5
    Flag
  • Gustavo Benito
    " Bay Ridge is a beautiful neighborhood to rise a family. There are beautiful parks restaurants clean and safe street and transportation ear by . "
    1
    Flag
  • Veronica.a.sanjines
    "Bay Ridge has great public schools and lots of young families - it’s a great place to raise a family"
    0
    Flag
  • Kayla King
    "We have an amazing block party each year. We also host and attended a lot of holiday events throughout the year hosted by neighbors. Greatest neighborhood I’ve ever lived in!"
    0
    Flag
  • Muntasur ali
    "Night life is great, close to good restaurants, diverse, close shopping district, trains and buses are near, and people are great "
    8
    Flag
  • Trulia User
    "I’ve lived here about a year. The neighborhood feels safe, close to the water and variety of restaurants in the area."
    7
    Flag
  • Trulia User
    "Traumatic long slow unreliable convoluted exhausting frustrating and there’s also a bad parking situation. "
    1
    Flag
  • Trulia User
    "No. Hard to walk them. Rules and fines for failure to scoop and bag poop. Not enough yard space and dogs have to worry about getting hurt by other animals. "
    2
    Flag
  • Trulia User
    "I like this neighborhood it has everything near by and its very neighborly also its very calm and safe"
    3
    Flag
  • Trulia User
    "Ok area. Close to public transportation. There are many areas that are mainly Latinos. There are nice parks and areas where you can access the ocean."
    1
    Flag
  • Trulia User
    "Very safe. Very diverse. Lots of Arabs and Italian. Many nice restaurant. Nice ocean walk. Nice parks. Very kids friendly "
    0
    Flag
  • Trulia User
    "My neighbor hood has the 68 police station, there’s a bi beautiful park down the block. There’s kids everywhere. People walking there dogs."
    0
    Flag
  • Trulia User
    "It is clean and the other dog lovers are pretty awesome to be around. I think that there are a lot of parks. "
    0
    Flag
  • Trulia User
    "Bay Ridge is a extremely safe and wonderful place to live. It has a great blend of ethnicities and amazing restaurants."
    3
    Flag
  • Trulia User
    "A lot of Park areas. Near water. some dogs owners are not cleaning after their dogs Save area can walk 24/7 with the Dogs outside "
    0
    Flag
  • Trulia User
    "R train and buses. Not bad, could be faster since these are the only options. Express bus is a good option but a bit too expensive"
    0
    Flag
  • Trulia User
    "Very safe, schools are good. Great restaurants. They also have great 24 hour deli if your hungry in the middle of the night."
    2
    Flag
  • Trulia User
    "I just love the diversity of this neighborhood and community. Lots of variety of cultures and foods and places of worship. "
    4
    Flag
  • Trulia User
    "Lots of green places to walk, dog parks and other dog owners. Sometimes people can be better about cleaning up after their pets. "
    0
    Flag
  • Trulia User
    "Friendly and very nice with good metro and parks good food and safe very awesome place to bike and walk"
    0
    Flag
  • Trulia User
    "You can literally walk in any direction and find food, bars, and shopping. Quiet tree lined streets for families just starting."
    0
    Flag
  • Trulia User
    "festivals and parades family friendly. lots of restaurants and pubs. self contained neighborhood. accessibility to nyc and other boroughs "
    0
    Flag
  • Trulia User
    "there's a few dog runs and nice parks to take a stroll. people are friendly and courteous. there's a beautiful walk along the water where you can take your dog also on in the neighborhood. in general there are a lot of good people. "
    1
    Flag
  • Trulia User
    "The local business district association sponsors 3rd & 5th Avenue Strolls, like block parties along the Avenue a few times a year.. Live music, foods, attractions/rides for kids."
    0
    Flag
  • Trulia User
    "There are street festivals & walks on 3rd & 5th Avenues a few times each year, really brings out the neighborhood. "
    0
    Flag
  • Trulia User
    "Great and easily accessible community that is close to literally everything in NYC. If this area wasn’t as expensive it would be much easier to make my choice about where to buy a. House "
    0
    Flag
  • Trulia User
    "I live open streets, and there are a lot of good restaurants here. They also decorate the streets when there are festivals."
    0
    Flag
  • Trulia User
    "There's a large dog park right by Dyker Beach golf course that's always busy with furry friends for your dog. "
    0
    Flag
  • Trulia User
    "There is a methadone clinic & smack score house around 4ave/53rd street. Keep your kids away. The patrons wander the area, hand out in the subway station. "
    0
    Flag
  • Trulia User
    "Safe neighborhood and lots of young families. Avenue has everything you need and great restaurants. No car needed! Parking is a challenge though."
    0
    Flag
  • Trulia User
    "it's nice here, the parks are so nice for kids to play, clean, the Parks on shore road are nice, very nice."
    0
    Flag
  • Trulia User
    "Great for families, many parks, schools, restaurants and cultures. Many activities for families to get involved in. Very expensive housing unfortunately. "
    0
    Flag
  • Trulia User
    "it's a very dog friendly area, people just need to be respectful and clean up after the animals they've agreed to take care of."
    0
    Flag

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.
7404 3rd Ave, Brooklyn, NY 11209 is a studio, 7,400 sqft single-family home built in 1939. 7404 3rd Ave is located in Bay Ridge, Brooklyn. This property is currently available for sale and was listed by BNYMLS on Sep 20, 2025. The MLS # for this home is MLS# 495979.