Updated a day ago
In contract

7516 3rd Ave

Bay Ridge, Brooklyn | Bay Ridge Parkway & 76th Street

3,240 Square FeetMixed Use

$1,850,000
floors / apts3 / 2
Lot Size18'x80'
Built Size18'x55'
ZoneR6B
Building TypeLow-Rise
RE Taxes$12,002
Price Per SF
$571

Building Amenities

  • Alarm System

Property Description for 7516 3rd Ave

Well-maintained mixed-use building located on 3rd Avenue in the heart of Brooklyn. This three-story property features a street-level commercial space currently operating as an optical store, with two residential apartment units above. A solid opportunity for investors seeking steady income in an established neighborhood with strong foot traffic and transit access. Ideal for owner-users or long-term hold investors. Built in 1930, 7516 3rd Avenue is a three-story mixed-us building consisting of three units. The first floor is configured as a retail storefront currently utilized as an optical store, offering excellent visibility along a well-trafficked corridor. The second and third floors each feature residential apartment units, providing a classic mixed-use layout with diversified income potential. The property benefits' from a traditional pre-war structure and a prime Brooklyn location, making it suitable for investors seeking a combination of commercial and residential use. Owner is motivated to sell this property.

Listing History for 7516 3rd Ave

Now
05/29/2026
Contract Signed by Ya Quan Guan
Guan Realty
05/18/2026
$1,850,000
Initial Price by Ya Quan Guan
Guan Realty

Building Details for 7516 3rd Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.17 miles
Bay Ridge Av
0.37 miles

Citi Bike

3 Ave & 77 St
0.08 miles
78 St & Ridge Blvd
0.18 miles

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.

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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: 97422TH