Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
7001 3RD Avenue
Interested in this property?
Active For Sale Mixed Use

$3,500,000

7001 3RD Avenue

Bay Ridge, Brooklyn

MLS® #RLS20072410

RLS at REBNY

Listing by Corcoran Group

8

Bedrooms

4

Baths

N/A

Sq. Ft.

1914

Year Built

Quick Summary

Bedrooms 8
Bathrooms 4
Lot Size 4,068 sq ft
Year Built 1914
Ownership None
Property Taxes $17,676/yr
Neighborhood Bay Ridge
Floor 1 of 3

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1914)

Property Details

Type Mixed Use
Ownership None
Total Rooms 12
Baths 4 Full
Floor 1 of 3
View Other
Cooling Other
Pets Yes
Year Built 1914
Structure Type MixedUse
Basement Other
Lot Size 4,068 sq ft
Parcel # 05891-0021
Block/Lot 05891/0021

Listing History

Event Date Price Change
Listed Feb 17, 2026 $3,500,000 -
Currently Apr 29, 2026 $3,500,000 -

Description

Prime corner property in the heart of Bay Ridge featuring a 1-story commercial storefront with two 3-4-bedroom, 1-bath residential units above. Situated on a 20 ft x 112 ft lot with an additional adjacent 16 ft x 112 ft lot included (total 36 ft x 112 ft). Both residential apartments will be delivered vacant. There is an additional 4,218 of buildable square footage.

This high-visibility, superior location offers strong rental income with excellent potential for future development or expansion. Corner properties with this much optimal commercial corner visibility and foot traffic are rare - schedule a private showing today!


Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure MixedUse

Financial Details

RE Taxes $17,676/yr ($1,473/mo)

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

37

Median Asking Price

$985K

Median $/Sqft

$582

Avg Days on Market

N/A

New This Week

0

Price Reduced

35%

Sold (30 Days)

2

Median Sale Price

$504K

Live data from RLS at REBNY • Updated 4/29/26, 12:01 AM EST

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Location

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7001 3RD Avenue, Bay Ridge, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1914
Year Built
112 years old
3
Floors
2
Residential Units
R6B
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $122,100
Land Value: $37,560
Exemptions: $0

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

Lot Area: 4,056 SF
Building Area: 3,900 SF
Built FAR: 0.96
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

The current listed annual property tax is $17,676, or roughly $1,473 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1914, making it approximately 112 years old.

This listing is None

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: RLS20072410
First Listed: 2/17/2026
On Market: 2/17/2026
Price Changed: 2/17/2026
Contract Date: 2/17/2026

Listing Courtesy of Corcoran Group - Meyer Anna Milat

Listing Contact: (917) 209-9912

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 4/29/2026 at 4:01 AM UTC

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