Prime NEWLY RENOVATED, TURNKEY MIXED-USE PROPERTY located in the heart of Sunset Park, offering stable commercial income and residential living. The BRICK HOUSE underwent a GUT RENOVATION IN 2017. The first-floor retail space is currently leased at $3,100 per month with a 3% annual rent increase, ensuring steady cash flow from day one. Projected rental income totals approximately $8,500 per month ($102,000 annually), with the first floor—including basement storage—estimated at $4,000/month, and the second-floor unit projected at $4,500/month. Excellent potential for strong cap rate return. The second floor features a bright and spacious 5-bedroom, 2-full bath, and one-half bath apartment with an open-concept living room and kitchen—ideal for owner-occupancy or generating additional rental income. The basement has convenient front and rear entrances and includes a half bathroom, offering flexible options for storage or other uses. Each unit is equipped with separate boilers, hot water heaters, and tenants are responsible for their own utilities, ensuring lower operating costs. This well-maintained, move-in-ready property presents an exceptional investment opportunity in a high-demand location. Don’t miss out on this rare chance! Schedule a private showing today to secure both future appreciation and stable returns.
Active
$1,990,000
3903 7th Ave, Brooklyn, NY 11232
5beds
2,448sqft
Mixed Use
Built in 1899
-- sqft lot
$1,914,100 Zestimate®
$813/sqft
$-- HOA
What's special
Brick houseFirst-floor retail space
- 23 days
- on Zillow |
- 279 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 07:32am
Listing by:
Remax Edge 718-808-3035,
Yu Fen Madeline Chiu
Source: StreetEasy,MLS#: S1778788
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
Property
Details
- Parcel number: 009150107
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $813/sqft
- Tax assessed value: $1,444,000
- Annual tax amount: $6,291
- Date on market: 7/3/2025
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