$3,580,000
Original price: $3,600,000
- Studio
- 7,400 sqft
7404 3rd Ave, Brooklyn, NY 11209
Est. Mortgage $21,124/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1939
$484/sqft
Local Information
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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 15 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 |
Around this home
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.
Market trends in Bay Ridge
Last updated August 2026
Avg. sale price
$893K
$307KMoM
Sale-to-List Price
—
Price per sq ft
$627
$48MoM
Available listings
175
11MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | ||
0.38 | 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 | |
0.42 | Single-Family Home | $1,800,000 | 05/15/26 | 6 | 2 | 2,841 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,900,000 | Studio | - | - | Recently Sold | |
0.04 | $1,873,900 | Studio | 2 | 3,000 | Off Market | |
0.06 | $1,850,000 | 6 | 3 | 2,632 | For Sale | |
0.07 | $1,800,000 | Studio | 2 | 5,001 | Recently Sold | |
0.07 | $1,995,000 | 6 | 3.5 | 2,750 | For Sale | |
0.08 | $725,100 | 2 | 1 | 825 | Off Market | |
0.07 | $1,799,000 | 9 | 7 | 2,592 | For Sale | |
0.07 | $1,352,500 | 4 | 3 | 1,432 | Off Market | |
0.08 | $975,000 | 4 | 3 | 1,432 | Recently Sold | |
0.08 | $975,000 | Studio | - | - | Recently Sold | |
0.08 | $1,445,000 | 5 | 3 | 2,300 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 11, 2026 Source: BNYMLS #495979 | PriceChange | $3,580,000 Price decreased by 1% |
Sep 20, 2025 Source: BNYMLS #495979 | Listed For Sale | $3,600,000 |
Jun 10, 2019 Source: N/A | Sold | $2,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $24,177 | $2,007,000 |
Home facts updated by county records
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.
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Frequently asked questions about 7404 3rd Ave
- What is the estimated monthly payment for 7404 3rd Ave?Based on a $3,580,000 list price with 20% down at today's rates, the estimated monthly payment for 7404 3rd Ave in Brooklyn, NY is approximately $21,493 (about $19,270 principal & interest, $2,148 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 7404 3rd Ave compare to homes in Brooklyn?7404 3rd Ave in Brooklyn, NY is listed at $3,580,000, about 301% above the $893K median sale price in Brooklyn.
- What do residents say about the Bay Ridge neighborhood?Residents describe the Bay Ridge neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to restaurants, and walkable to grocery stores. See homes for sale in Bay Ridge, Brooklyn.
- What are the closest schools to 7404 3rd Ave?The closest schools to 7404 3rd Ave in Brooklyn, NY are Fort Hamilton High School (rated 4/10), I.S. 259 William McKinley (Middle, rated 9/10), Ps 102 The Bayview (Elementary, rated 8/10).
- How big is the lot at 7404 3rd Ave?The lot at 7404 3rd Ave in Brooklyn, NY is about 0.07 acres (3,200 sq ft).

