3903 7th Avenue, Brooklyn, NY 11232
Kings County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Mixed Use
Year Built
1899
Stories
2
Living Area
2,448 sq ft
Lot Size
0.03 acres
Lot Dimensions
78 x 18
Zoning
M1-2
Days on Market
333
MLS® Listing#
493863
Property Features
- Appliances:
- Gas Water Heater
- Heating:
- Baseboard, Steam, Natural Gas
- Flooring:
- Hardwood, Tile
- Basement:
- Finished
- Construction:
- Brick
- Foundation:
- Block
- Roof:
- Flat
HOA & Tax
- Annual Tax:
- $6,399
Affordability Calculator
$398,000
Estimated monthly payment
$10,592/mo
Principal $1,592,000 · Est. interest $2,220,982 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $990,954
- Median Listing Price
- 83
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,893
- Active Listings
- This home’s price is 101% above the area median.
- Its price per sq ft is 43% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
- 3903 7th Avenue, Brooklyn, NY 11232
Nearby Schools
PS 169 Sunset Park
Elementary · 0.2 mi away
PS 958
Elementary · 0.4 mi away
Bnos Margulia Viznitz
Elementary · 0.4 mi away
PS 24
Elementary · 0.4 mi away
Tomer Dvora School for Girls
Elementary · 0.4 mi away
PS 896 Brooklyn
Elementary · 0.4 mi away
I.S. 136
Secondary · 0.5 mi away
Bais Brocho of Karlin Stolin
School · 0.5 mi away
Sunset Park Prep
Secondary · 0.5 mi away
PS 371 Lillian L Rashkis
Secondary · 0.5 mi away
Sunset Park Avenues Elementary School
Elementary · 0.5 mi away
Step by Step Infant Development Center
School · 0.5 mi away
Is 220 JHS
Secondary · 0.5 mi away
J J Pershing Intermediate School
Secondary · 0.5 mi away
West Brooklyn Community High School
Secondary · 0.5 mi away
Early Childhood Center
School · 0.5 mi away
Nesivos Bais Yaakov
School · 0.6 mi away
Sunset Park High School
Secondary · 0.6 mi away
Mesivta Meor Hatorah
School · 0.6 mi away
PS 94 the Henry Longfellow School
Elementary · 0.6 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: RE/MAX Edge - 7186123088
Fair Housing NoticeLast Updated: 2025-07-03