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7123 3rd Ave 1,753 SF Retail Condo Unit Offered at $2,806,356 CAD in Brooklyn, NY 11209
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.25% |
| Sale Type | Investment |
| Cap Rate | 5.25% |
Description
7123 Third Avenue is located along Bay Ridge’s established retail corridor, offering strong visibility, steady foot traffic, and long-term investment stability.
Surrounded by dense residentialneighborhoods and limited new supply, the property benefits from consistent local consumer demand.
The asset offers stable in-place income with long-term appreciation potential in one of Brooklyn’s tightly held retail markets.
Surrounded by dense residentialneighborhoods and limited new supply, the property benefits from consistent local consumer demand.
The asset offers stable in-place income with long-term appreciation potential in one of Brooklyn’s tightly held retail markets.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,753 SF | Retail | $2,806,356 CAD ($1,600.89 CAD/SF) | $147,333.70 CAD |
Unit 1
| Unit Size |
| 1,753 SF |
| Condo Use |
| Retail |
| Price |
| $2,806,356 CAD ($1,600.89 CAD/SF) |
| NOI |
| $147,333.70 CAD |
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Unit 1
| Unit Size | 1,753 SF |
| Condo Use | Retail |
| Price | $2,806,356 CAD ($1,600.89 CAD/SF) |
| NOI | $147,333.70 CAD |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Description | |
| 7123 Third Avenue is located along Bay Ridge’s established retail corridor, offering strong visibility, steady foot traffic, and long-term investment stability.<br> Surrounded by dense residentialneighborhoods and limited new supply, the property benefits from consistent local consumer demand.<br> The asset offers stable in-place income with long-term appreciation potential in one of Brooklyn’s tightly held retail markets.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 16,472 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,118 SF |
| Property Subtype | Apartment | Year Built | 1910 |
| Building Class | C | Lot Size | 0.12 AC |
| Zoning | R6B | ||
| Total Building Size | 16,472 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 4,118 SF |
| Year Built | 1910 |
| Lot Size | 0.12 AC |
| Zoning | R6B |
Amenities
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
1 of 4
Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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7123 3rd Ave
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