# 7404 3rd Avenue, Brooklyn, NY 11209

> **TL;DR:** single family, $3,580,000 ($484/sqft), built 1939, 7,400 sqft.
> Hardwood. Est. $15,513/mo. Listed 254 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,580,000 |
| Price/sqft | $484 |
| Square Feet | 7,400 |
| Year Built | 1939 |
| Lot Size | 3,202 sqft (0.07 acres) |
| Stories | 3 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 254 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $15,513 |
| **Total** | **$15,513** |

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1939
- 0.07 acre lot
- 3 stories

## Description

### Agent 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!

## Location

- **Address:** 7404 3rd Avenue, Brooklyn, NY 11209
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** David Feng
- **Brokerage:** E House Realty & Mgt. Inc.
- **Phone:** (718) 680-2776
- **Email:** fengdavid@yahoo.com

## Primary Photo

![7404 3rd Avenue - Primary Photo](http://lh.rdcpix.com/5252e9830effe7a6a7038c3f48c50bd1l-f420218999r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/7404-3rd-avenue-brooklyn-ny-11209-y495979)*

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**MLS#:** 495979 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7404-3rd-avenue-brooklyn-ny-11209-y495979)

---

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