Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,850,000

· Closed November 30, 2019

7012 3RD Avenue #NA

$1,850,000

7012 3RD Avenue #NA

Bay Ridge, Brooklyn

MLS® #RLS10604936

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

6

Bedrooms

3

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Year Built N/A
Neighborhood Bay Ridge

Property Highlights

  • Location: Bay Ridge, Brooklyn
  • Property Type: Single Family Residence

Property Details

Type Single Family Residence
Total Rooms 12
Baths 3 Full
Pets Yes
Parcel # 05886-0040

Listing History

Event Date Price Change
Listed Jan 14, 2019 $1,850,000 -
Currently May 2, 2026 $1,850,000 -

Description

Take a hard look at this tremendous investment opportunity in heart of Bay Ridge.



Three stories of prime foot traffic on the corner of Third and Ovington Avenues. Each floor is 1200 square feet with a large utility and storage basement and a backyard larger than 800 square feet.



The building has a five minute walk to the Bay Ridge Avenue R train station and a much shorter walk to the B37, B9 and B64 bus lines. The top floor was recently renovated and the second floor is a blank canvas.



As Bay Ridge continues to sore thriving off of its eclectic food choice, local retail shopping and rising rent rolls, so to will this building's value and return on investment. With so few mixed owners willing to part with their prized 3rd Avenue cash cows, this is a rare and lucrative investment opportunity.

Features & Amenities

Appliances

Washer Dryer Allowed

Building Information

Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Shore Road Park and the waterfront promenade to the west.

Bay Ridge Live Market Data

View Neighborhood

Active Listings

34

Median Asking Price

$1.32M

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

2

Price Reduced

32%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/2/26, 7:53 PM EST

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Location

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7012 3RD Avenue #NA, Bay Ridge, Kings County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
3
Floors
2
Residential Units
R6B
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $112,740
Land Value: $24,300
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 3,600 SF
Built FAR: 1.8
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 6 bedrooms and 3 full bathrooms.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10604936
First Listed: 1/14/2019
Closed: 11/30/2019
Contract Date: 1/14/2019

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Kitt Bua

Listing Contact: (631) 902-9210

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/2/2026 at 11:53 PM UTC

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