7907 5th Avenue
Bay Ridge | 79th St & 80th St
Ownership
Mixed Use
Lot Size
19'x95'
Status
Active
Real Estate Taxes
[Per Annum]
$ 13,907
Building Size
19'x55'
Year Built
1931
ASF/ASM
3,135/291
Property Description
Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge, featuring Two 2-bedroom Apartments and One Retail space. Fully occupied, Residential Apartments Leases Expire in about 6 months, Retail Space Expires 12/31/26, offering flexibility and upside potential. Projected rents are: Retail 5,500/month, 2nd FL Apt $3,000/month, 3rd FL apt $2,900 bring total projected annual income to $136,800, with low annual expenses of $28,707. Potential NOI is $108,093. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!
Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge, featuring Two 2-bedroom Apartments and One Retail space. Fully occupied, Residential Apartments Leases Expire in about 6 months, Retail Space Expires 12/31/26, offering flexibility and upside potential. Projected rents are: Retail 5,500/month, 2nd FL Apt $3,000/month, 3rd FL apt $2,900 bring total projected annual income to $136,800, with low annual expenses of $28,707. Potential NOI is $108,093. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!
Listing Courtesy of Ben Bay Realty Co of Bay Ridge
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Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [7907 5th Avenue]
Ownership
Mixed Use
Block/Lot
5981/9
Building Size
19'x55'
Zoning
R6B
Year Built
1931
Floors
3
Lot Size
19'x95'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Real Estate Broker/Owner
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 504659