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!
Pending
$2,398,000
8622 3rd Ave, Brooklyn, NY 11209
--beds
5,280sqft
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
- 345 days |
- 38 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jabour Realty Company 718-748-1800,
Wade Jabour (718) 748-1800
Source: BNYMLS,MLS#: 494428
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
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Pending sale | $2,398,000$454/sqft |
Source: | ||
| 7/24/2025 | Listed for sale | $2,398,000$454/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 8/10Ps 185 Walter KassenbrockGrades: K-5Distance: 0.1 mi
- 8/10Madeleine Brennan School (The)Grades: 6-8Distance: 1 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.




