Brooklyn, NY 11209,7222 3rd AVE
See all 32 photos
Brooklyn, NY 11209,7222 3rd AVE
Brooklyn, NY 11209,7222 3rd AVE
Brooklyn, NY 11209,7222 3rd AVE
Brooklyn, NY 11209,7222 3rd AVE

$1,825,000

Est. payment /mo

$1,899,888

3.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7222 3rd AVE Brooklyn, NY 11209

7,200 SqFt

SOLD DATE : 06/27/2025

Key Details

Sold Price $1,825,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $253

MLS Listing ID 2401138

Sold Date 06/27/25

Year Built 1930

Annual Tax Amount $33,493

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20x100

Property Sub-Type Commercial

Property Description

SELLER IS LOOKING FOR OFFERS! Welcome to 7222 3rd avenue on residential side and 279 73 street for the commercial space rental. 279 73rd street is currently a doctor's office. Month to Month lease. Rent was reduced during Covid 19 now it is $3,000. Office size is 20x35, it has 3 exam rooms, a bathroom, and a separate office. DO NOT DISTURB THE TENANT. There are 7 total residential apartments on the 7222 3rd avenue side, 4 back of the building apartments are 2 Bedrooms and 3 front of the building apartments are 3 Bedrooms. All units have one full bathroom. DHCR for years 2018-2022 is available by request. All apartment kitchens were updated in the past 5-7 years. 3 Skylights on the RUBBER roof. One skylight was installed just last year. All utilities are in the basement. 3 NEW hot water heaters: 2 for the building and 1 for the commercial office. The building has a super. He is responsible for garbage, sweeping inside the hallways and other light cleaning. The boiler is only 5 years old. All apartments are rent stabilized. Rent roll: 1- 1,531 2- 1,628 3- 1,558 4- 1,350 unsigned 5- 1,071 6- 1,764 7- 1,550 8- Commercial space $3,000, month to month lease. Annual Expenses for 2022: Gas: $6,701.40 Electric bills for common area: $623 Insurance: $7,810 Water and Sewer: $9,347.05 RE Tax: $33,021.20 Gross Rent Roll: $161,424 Total Expenses: $ 57,502.65 2023 Profit and Expenses: Rent in: $162,768 1- $1,531 2- $1,700 3- $1,558 4- $1,350 (Super, discounted rent) 5- $1,071 6- $1,819 7- $1,535 8- $3,000 (dental office) Gas$ 10,084 Electric $546 Insurance: $11,076 Taxes: $33,493 Water and Sewer: $10,173

Location

State NY

County Kings

Area Bay Ridge

Zoning R6-B

Interior

Heating Steam, Natural Gas

Building

Story 4

Sewer City

Level or Stories 4

Structure Type Brick

New Construction Yes

Others

Tax ID 05907-0048

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed ByKMS Realty Group, Inc.
agent

Triolo Realty Group Inc.

Broker

+1(718) 844-5414

GET MORE INFORMATION

Name
Phone*
Message