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Pending
  • $2,398,000

    8622 3rd Ave, Brooklyn, NY 11209

    --beds
    5,280sqft
    Loading
    Mixed Use
    Built in 1926
    1,600 Square Feet Lot
    $2,234,000 Zestimate®
    $454/sqft
    $-- HOA

    What's special

    Finished basementGreat natural lightSpacious retail storefrontHardwood floorsClassic layouts
    Located in the heart of Bay Ridge, Brooklyn, offers a rare opportunity to own a well-maintained mixed-use brick building full of character and income potential. Built in 1926, this four-story property features a total of seven units—six residential apartments and one commercial retail space—spanning approximately 5,280 square feet on a 20 × 80-foot lot. The ground floor is anchored by a spacious retail storefront, ideal for a stable commercial tenant and consistent rental income. The upper floors are home to six residential units, each featuring classic layouts, hardwood floors, and great natural light. A finished basement with a separate entrance adds flexible space for storage or potential amenity expansion. Situated just minutes from the R train at 86th Street and several bus lines, the building is perfectly positioned in one of Brooklyn’s most warm and family-friendly neighborhoods. Residents enjoy close proximity to local favorites like The Kettle Black, boutique shopping, parks, and highly rated schools such as P.S. 185. The block itself is a bustling corridor with strong foot traffic and a tight-knit community feel. From an investment standpoint, the property offers diversified cash flow thanks to its mixed-use structure. This property is being offered at a competitive price for a motivated investor. For more information, including current rent roll and operating expenses, or to schedule a private tour, please get in touch today. Don’t miss your chance to own a piece of Bay Ridge with both charm and steady returns. Building has gone through a large Local Law Renovation recently!
    345 days
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    38
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jabour Realty Company 718-748-1800,

    Wade Jabour (718) 748-1800

    Source: BNYMLS,MLS#: 494428MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • Natural Gas, Steam/Radiator
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood
      • Basement: Finished,Full
      Interior area
      • Total structure area: 5,280
      • Total interior livable area: 5,280 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 4
      Lot
      • Size: 1,600 Square Feet
      • Dimensions: 20x80
      Details
      • Foundation area: 1440
      • Parcel number: 060430047
      • Zoning: R6B
      • Special conditions: Arm's Length
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick, Masonry
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • Year built: 1926

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $454/sqft
      • Tax assessed value: $994,000
      • Annual tax amount: $49,732
      • Date on market: 7/24/2025
      • Cumulative days on market: 346 days
      • Total actual rent: 194148

        Estimated market value

        $2,234,000

        $2.12M - $2.35M

        $4,750/mo

        Price history

        DateEventPrice
        10/24/2025Pending sale$2,398,000$454/sqft
        Source: BNYMLS #494428 Report a problem
        7/24/2025Listed for sale$2,398,000$454/sqft
        Source: BNYMLS #494428 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$51,064 +2.7%$447,300 -20%
        2024$49,732 $558,900 +7.7%
        2023-- $518,850 -20%
        2022-- $648,450 -15%
        2021-- $762,750 +23.6%
        2020$39,388 +3.2%$617,220
        2019$38,166 $617,220 +117.8%
        2018-- $283,328 +8%
        2017$33,367 +6.6%$262,341 +8%
        2016$31,294 $242,910
        2015$31,294 +53.9%$242,910 +3.2%
        2014$20,331 $235,379

        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

        Getting around

        99 / 100
        Walker's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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