7516 3rd Ave, Brooklyn, NY 11209
PENDING

$1,850,000

  • Studio
  • 2 Baths

7516 3rd Ave, Brooklyn, NY 11209

Bay Ridge
Est. Mortgage $10,962/mo*
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Home Highlights

Single-Family Home
Built in 1930

Local Information

  • Map ViewExplore the area around 7516 3rd Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Street-level commercial spaceTraditional pre-war structure
Well-maintained mixed-use building located on 3rd Avenue in the heart of Brooklyn. This three-story property features a street-level commercial space currently operating as an optical store, with two residential apartment units above. A solid opportunity for investors seeking steady income in an established neighborhood with strong foot traffic and transit access. Ideal for owner-users or long-term hold investors. Built in 1930, 7516 3rd Avenue is a three-story mixed-us building consisting of three units. The first floor is configured as a retail storefront currently utilized as an optical store, offering excellent visibility along a well-trafficked corridor. The second and third floors each feature residential apartment units, providing a classic mixed-use layout with diversified income potential. The property benefits' from a traditional pre-war structure and a prime Brooklyn location, making it suitable for investors seeking a combination of commercial and residential use. Owner is motivated to sell this property.
Last check for updates: about 20 hours ago
Listing by: Guan Realty Corp, (718) 232-0888
Quan Ya ( Kenny) Guan, (917) 682-2288
Source: BNYMLS, MLS#501523

Home Details for 7516 3rd Ave

Interior Features

Interior Details
Basement: Finished,Full
Beds & Baths
Number of Bathrooms: 4Number of Bathrooms (half): 4
Appliances & Utilities
Appliances: Hot Water Coil in Boiler
Heating & Cooling
Heating: Natural Gas,Steam/RadiatorNo CoolingHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood, Laminate

Exterior Features

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

Days on Market

Cumulative Days on Market: 11Days on Market: 168

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Mixed Use
Building
Building: NoneConstruction Materials: Other, Brick, MasonryAttached To Another Structure

Price & Status

Price
List Price: $1,850,000

Active Status

MLS Status: Pending

Location

Direction & Address
City: BrooklynCommunity: Brooklyn

Agent Information

Listing Agent
Listing ID: 501523

Community

Units in Building: 3

Lot Information

Lot Area: 1440 sqft

Listing Info

Special Conditions: Arm's Length

Miscellaneous

BasementMls Number: 501523

Price and Tax history

DateEventPrice
May 29, 2026
Source: BNYMLS #501523
Pending
$1,850,000
May 18, 2026
Source: BNYMLS #501523
Listed For Sale
$1,850,000
Apr 3, 2026
Source: BNYMLS #498783
ListingRemoved
$1,895,000
Feb 24, 2026
Source: BNYMLS #498783
PriceChange
$1,895,000
Price decreased by 3%
Feb 4, 2026
Source: BNYMLS #498783
Listed For Sale
$1,950,000

Around this home

Neighborhood Overview

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

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.
  • Kathleenfink
    "Nice neighborhood, park, retail shops and restaurants and safe. Good travel options ferry, bus, subway"
    1
    Flag
  • 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 "
    2
    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."
    1
    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 "
    5
    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."
    7
    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
    "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

Market trends in Bay Ridge

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.03M
$136KMoM
Sale-to-List Price
—
Price per sq ft
$640
$13MoM
Available listings
180
5MoM
Sourced by Trulia Market Trends

Home Value

Trulia Estimate
$1.82M
Since last month
Decreased$10K (-0.5%)
Since last year
Increased$147K (+8.8%)
Since last sale
Increased$867K (+91.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -4% in the last 10 years
MonthEstimated value
2026
October 2026$1.82M
October 2026$1.82M
September 2026$1.83M
August 2026$1.84M
July 2026$1.84M
June 2026$1.83M
May 2026$1.82M
March 2026$1.8M
February 2026$1.82M
2025
2024

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
7607 Colonial Rd, Brooklyn, NY
0.27
Single-Family Home
$1,599,000
08/24/26
3
2
1,792
536 68th St, Brooklyn, NY
0.47
Single-Family Home
$1,108,000
04/14/26
3
2
1,616
44 72nd St, Brooklyn, NY
0.49
Single-Family Home
$998,000
03/24/26
3
2.5
1,160
237 Bay Ridge Pkwy, Brooklyn, NY
0.08
Single-Family Home
$1,800,000
05/07/26
2
5,001
91 72nd Street, Brooklyn, NY
0.41
Single-Family Home
$1,550,000
08/14/26
5
2.5
2,700
173 79th St, Brooklyn, NY
0.24
Single-Family Home
$1,940,000
10/27/26
3
3
2,150
8622 3rd Ave, Brooklyn, NY
0.59
Single-Family Home
$1,900,000
10/07/26
1
5,280
7404 Colonial Rd, Brooklyn, NY
0.30
Single-Family Home
$1,600,000
12/31/25
4
3.5
2,600

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
7518 3rd Ave, Brooklyn, NY 11209
0.00
$1,734,000
Studio
-
2,970
Off Market
7512 3rd Ave, Brooklyn, NY 11209
0.00
$1,670,800
Studio
-
2,970
Off Market
7520 3rd Ave, Brooklyn, NY 11209
0.01
-
Studio
-
2,970
Off Market
7520 3rd Ave #2, Brooklyn, NY 11209
0.01
-
3
1
-
Off Market
7510 3rd Ave, Brooklyn, NY 11209
0.01
$1,566,400
Studio
-
2,970
Off Market
7508 3rd Ave, Brooklyn, NY 11209
0.01
$2,045,900
Studio
-
2,970
Off Market
7508 3rd Ave #2, Brooklyn, NY 11209
0.01
$788,900
2
1
990
Off Market
7508 3rd Ave #3, Brooklyn, NY 11209
0.01
$790,400
2
1
1,000
Off Market
7522 3rd Ave, Brooklyn, NY 11209
0.01
$1,634,000
Studio
-
2,970
Off Market
7522 3rd Ave #1, Brooklyn, NY 11209
0.01
-
2
1
800
Off Market
273 76th St, Brooklyn, NY 11209
0.01
$1,294,000
2
1
900
Off Market
273 76th St #1, Brooklyn, NY 11209
0.01
-
2
2
1,800
Off Market
273 76th St #TOP, Brooklyn, NY 11209
0.01
-
2
1
900
Off Market
273 76th St #3, Brooklyn, NY 11209
0.01
-
2
1
1,000
Off Market
273 76th St #2, Brooklyn, NY 11209
0.01
-
2
1
1,000
Off Market
7524 3rd Ave, Brooklyn, NY 11209
0.01
$2,409,500
Studio
-
4,312
Off Market
7524 3rd Ave #1, Brooklyn, NY 11209
0.01
$1,071,600
2
1
-
Off Market
7524 3rd Ave #2, Brooklyn, NY 11209
0.01
-
3
1
1,200
Off Market
7506 3rd Ave, Brooklyn, NY 11209
0.01
$2,000,300
1
1
2,970
Off Market
7506 3rd Ave #2, Brooklyn, NY 11209
0.01
-
3
1
-
Off Market

LGBTQ Local Legal Protections

Quan Ya ( Kenny) Guan, Guan Realty Corp, (718) 232-0888
Agent Phone: (917) 682-2288
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 7516 3rd Ave

  • What is the estimated monthly payment for 7516 3rd Ave?
    Based on a $1,850,000 list price with 20% down at today's rates, the estimated monthly payment for 7516 3rd Ave in Brooklyn, NY is approximately $11,132 (about $9,947 principal & interest, $1,110 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 7516 3rd Ave compare to homes in Brooklyn?
    7516 3rd Ave in Brooklyn, NY is listed at $1,850,000, about 80% above the $1.03M 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 7516 3rd Ave?
    The closest schools to 7516 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 7516 3rd Ave?
    The lot at 7516 3rd Ave in Brooklyn, NY is about 0.03 acres (1,440 sq ft).
7516 3rd Ave, Brooklyn, NY 11209 is a studio, 4 bathroom single-family home built in 1930. 7516 3rd Ave is located in Bay Ridge, Brooklyn. This property is currently available for sale and was listed by BNYMLS on May 18, 2026. The MLS # for this home is MLS# 501523.