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For sale
  • $1,990,000

    3903 7th Ave, Brooklyn, NY 11232

    --beds
    2,448sqft
    Loading
    Mixed Use
    Built in 1899
    1,430 Square Feet Lot
    $1,872,500 Zestimate®
    $813/sqft
    $-- HOA

    What's special

    Brick house
    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.
    372 days
    |
    111
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX Edge 718-612-3088,

    Yu-Fen (Madeline) Chiu 718-808-3035,

    Ping Chen 917-536-3632,

    RE/MAX Edge

    Source: BNYMLS,MLS#: 493863MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 3
      • 1/2 bathrooms: 3
      Heating
      • Natural Gas, Baseboard, Steam/Radiator
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood, Tile
      • Basement: Finished
      Interior area
      • Total structure area: 2,448
      • Total interior livable area: 2,448 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      Lot
      • Size: 1,430 Square Feet
      • Dimensions: 18x78
      • Features: Back Yard
      Details
      • Foundation area: 1224
      • Parcel number: 009150107
      • Zoning: M1-2
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Block
      • Roof: Flat
      Condition
      • Year built: 1899

      Utilities & green energy

      • Electric: 110 V, 220 Volts

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $813/sqft
      • Tax assessed value: $1,622,000
      • Annual tax amount: $6,399
      • Date on market: 7/3/2025
      • Cumulative days on market: 373 days
      • Total actual rent: 57720

        Estimated market value

        $1,872,500

        $1.76M - $1.97M

        $5,179/mo

        Price history

        DateEventPrice
        7/3/2025Listed for sale$1,990,000$813/sqft
        Source: BNYMLS #493863 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,588 +4.7%$97,320 +12.3%
        2024$6,291 $86,640 +2.6%
        2023-- $84,480 +16.5%
        2022-- $72,540 +12.2%
        2021-- $64,680 +2.9%
        2020$5,560 +6.3%$62,880 +15%
        2019$5,228 +1.5%$54,660 +122%
        2018$5,151 +3.8%$24,624 +1.2%
        2017$4,961 +8.9%$24,336
        2016$4,555 $24,336 +5.6%
        2015$4,555 +78.7%$23,056 +6%
        2014$2,549 $21,751
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        88 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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