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.
Pending
$1,850,000
7516 3rd Ave, Brooklyn, NY 11209
--beds
--sqft
Mixed Use
Built in 1930
1,440 Square Feet Lot
$1,832,500 Zestimate®
$--/sqft
$-- HOA
What's special
Street-level commercial spaceTraditional pre-war structure
- 48 days |
- 48 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Guan Realty Corp 718-232-0888,
Quan Ya ( Kenny) Guan 917-682-2288
Source: BNYMLS,MLS#: 501523
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Hot Water Coil in Boiler
Features
- Flooring: Hardwood, Laminate
- Basement: Finished,Full
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 1,440 Square Feet
- Dimensions: 18x80
Details
- Parcel number: 059390044
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Other, Brick, Masonry
- Foundation: Concrete Perimeter
- Roof: Other
Condition
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,559,000
- Annual tax amount: $12,002
- Date on market: 5/18/2026
- Cumulative days on market: 49 days
Estimated market value
$1,832,500
$1.74M - $1.92M
$6,258/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Pending sale | $1,850,000 |
Source: | ||
| 5/18/2026 | Listed for sale | $1,850,000-2.4% |
Source: | ||
| 4/3/2026 | Listing removed | $1,895,000 |
Source: | ||
| 2/24/2026 | Price change | $1,895,000-2.8% |
Source: | ||
| 2/4/2026 | Listed for sale | $1,950,000+8.6% |
Source: | ||
| 1/22/2026 | Listing removed | $1,795,000 |
Source: | ||
| 1/22/2026 | Listed for sale | $1,795,000 |
Source: | ||
| 4/10/2025 | Pending sale | $1,795,000 |
Source: | ||
| 10/23/2024 | Price change | $1,795,000-5.3% |
Source: | ||
| 9/10/2024 | Listed for sale | $1,895,000+982.9% |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/1/2014 | Listing removed | $175,000 |
Source: Owner Report a problem | ||
| 10/3/2013 | Listed for sale | $175,000-81.6% |
Source: Owner Report a problem | ||
| 8/15/2011 | Sold | $950,000-17.4% |
Source: Public Record Report a problem | ||
| 12/19/2009 | Listing removed | $1,150,000 |
Source: Brooklyn Realty Center Report a problem | ||
| 11/26/2009 | Listed for sale | $1,150,000 |
Source: Brooklyn Realty Center Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,176 +4.7% | $93,540 +3.7% |
| 2024 | $12,582 | $90,240 +2.2% |
| 2023 | -- | $88,320 +17.3% |
| 2022 | -- | $75,300 +8.2% |
| 2021 | -- | $69,600 -14.1% |
| 2020 | $11,713 +6% | $81,000 -5% |
| 2019 | $11,050 +7.3% | $85,260 +73.1% |
| 2018 | $10,302 +3.8% | $49,248 +1.2% |
| 2017 | $9,922 +4.2% | $48,672 |
| 2016 | $9,517 | $48,672 +5.6% |
| 2015 | $9,517 +71.9% | $46,112 +6% |
| 2014 | $5,538 | $43,502 |
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: Bay Ridge
Nearby schools
GreatSchools rating
- 6/10Ps 102 The BayviewGrades: K-5Distance: 0.2 mi
- 7/10Jhs 259 William MckinleyGrades: 6-8Distance: 0.8 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.





