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About This Home

This 0-bedroom, 0-bathroom single family at 7624 5th Avenue in Brooklyn, NY is listed for $1,849,000 ($506 per sqft). Built in 1931, the home offers 3,655 sqft of living space on a 0.04 acres lot.

Agent Description

Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448.

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!

Key Features

  • Built in 1931
  • 0.04 acre lot
  • 3 stories

Property Details

3 stories
1931

Amenities

Hardwood

Monthly Cost Estimate

$9,889/mo

20% down · 6.5% · 30 years

Principal$1,337
Interest$8,012
Insurance$539

Estimates only. Actual payments may vary.

Location

7624 5th Avenue

Brooklyn, NY 11209

Property Details

Flooring

HardwoodLaminateCeramic

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 7624 5th Avenue is listed at $1,849,000 ($506/sqft). The estimated monthly payment is $8,012 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.04 acre lot, 3 stories.

This property is listed by John Koulouroudis and can be reached at (718) 680-6442 or jkoudis1@gmail.com.

JK

John Koulouroudis

Agent at Ben Bay Realty Co of Bay Ridge

(718) 680-6442

Listed by Ben Bay Realty Co of Bay Ridge

MLS# 501074· Source: listhub· Updated 27 days ago

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7624 5th Avenue, Brooklyn, NY 11209

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