$2,298,000
Updated a year ago
Sold

7302 5th Ave

Bay Ridge, Brooklyn | 73rd Street & 74th Street

24 Rooms6 Beds6.5 Baths7,500 Square FeetIncome Property

$2,298,000
floors / apts4 / 6
Lot Size23'x90'
Built Size23'x90'
ZoneR6B
Building TypeLow-Rise
RE Taxes$24,676
Price Per SF
$306

This property was sold for $2,280,000 on 05/20/25.

Building Amenities

  • Voice Intercom

Property Description for 7302 5th Ave

INCREDIBLE INVESTMENT OPPORTUNITY($200,000/YEAR RENT ROLL) 2 STORES + 6 FAMILY, 4 STORY EXTRA EXTRA LARGE (23x90 BLDG SIZE-7500 SQFT) HIGH PROFILE CORNER SEMI-DETACHED SOLID BRICK MIXED-USE BUILDING IN THE HEART OF BUSY & BUSTLING BAY RIDGE... THIS IMPRESSIVE PROPERTY IS IN EXCELLENT & IMMACULATE WELL-MAINTAINED CONDITION, AND IS IDEALLY & CENTRALLY LOCATED ON THE HIGH-TRAFFIC 5th AVE BAY RIDGE BUSINESS IMPROVEMENT DISTRICT COMMERCIAL THOROUGHFARE... THIS BIG & BEAUTIFUL BUILDING IS COMPRISED OF SIX (2-3) BEDROOM APARTMENTS OVER TWO HIGHLY VISIBLE STOREFRONTS(STORE TENANT PAYS APPROX HALF THE PROPERTY TAX)… DON'T MISS OUT ON THIS ABSOLUTELY OUTSTANDING OPPORTUNITY TO OWN AN AMAZING HIGH INCOME INVESTMENT PROPERTY IN ONE OF BROOKLYN'S MOST DESIRABLE & PREMIER NEIGHBORHOODS... CALL FOR MORE INFO REGARDING THIS PRIZED PIECE OF REAL ESTATE...

Listing History for 7302 5th Ave

Now
05/20/2025
$2,280,000
Sold and Closed by Billy Apter
RE/MAX Real Estate Professionals
01/05/2025
Contract Signed by Billy Apter
RE/MAX Real Estate Professionals

Building Details for 7302 5th Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/6
Learn More About the Building

Contact Agents

Contact Agents

Billy Apter
RE/MAX Real Estate Professionals
Vito Angelo
RE/MAX Real Estate Professionals

Bay Ridge | Brooklyn

Lush front yards and trimmed hedges are pretty common in Bay Ridge.

Quick Profile

Bay Ridge is an old-world neighborhood neatly tucked into the southwest corner of Brooklyn within the shadows of the Verrazano Bridge. The neighborhood is encircled by the Belt Parkway along the shore line and the Gowanus Expressway inland.

Bay Ridge, long known for its generational pull, has historically been home to a diverse number of ethnic groups. While the area is flush with people of Irish, Italian and Greek descent, these ethnic communities have been joined by larger numbers of new groups, including people with Russian, Polish, Asian and Middle Eastern backgrounds. The Arab American community today in Bay Ridge represents the largest concentration of Arab Americans in New York City.

For many years, Bay Ridge and its waterside location, would attract the affluent. But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.  

Aside from the low-rise apartment buildings, the neighborhood pretty much consists of one and two-family homes. Lush front yards and trimmed hedges are pretty common here.  

Current zoning and limitations on building heights restrict any out of the norm development. At present, the future beholds small development on some of the commercial strips and teardowns of older homes for smaller residential projects.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 93164TH