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Investment Highlights

  • Tremendous Retail Component
  • Prime Location
  • Heavily Trafficked Corridor

Executive Summary

The CS Organization is pleased to present 7612 5th Avenue to market. This premier mixed-use building in Bay Ridge consists of 2 Apartments over a uniquely expansive retail component. 7612 was constructed in 1931 and the property features a tremendous owner/user and or Investor opportunity. The building spans 6600sf and sits on a unique 4,600 SF lot. Zoned R6B/C1-3, 7612 5th Avenue is ideally positioned along one of Bay Ridge’s most active commercial corridors, benefiting from high foot traffic, strong visibility, high traffic count. The central location offers seamless connectivity to public transportation. 7612 is nestled in a thriving submarket of Southern Brooklyn with consistent demand for retail and commercial uses.

Attachments

7612 OM

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $203,078 $30.77
Other Income $14,458 $2.19
Vacancy Loss - -
Effective Gross Income $217,536 $32.96
Taxes $20,448 $3.10
Operating Expenses $24,347 $3.69
Total Expenses $44,795 $6.79
Net Operating Income $172,742 $26.17

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $203,078
Annual Per SF $30.77
Other Income (CAD)
Annual $14,458
Annual Per SF $2.19
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $217,536
Annual Per SF $32.96
Taxes (CAD)
Annual $20,448
Annual Per SF $3.10
Operating Expenses (CAD)
Annual $24,347
Annual Per SF $3.69
Total Expenses (CAD)
Annual $44,795
Annual Per SF $6.79
Net Operating Income (CAD)
Annual $172,742
Annual Per SF $26.17

Property Facts

Price $4,111,229 CAD
Price Per Unit $1,370,410 CAD
Sale Type Investment
Cap Rate 4.20%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 6,600 SF
No. Stories 3
Year Built 1931
Parking Ratio 0.15/1,000 SF
Zoning C1-3/R6B - C1-3/R6B
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
05951-0047
Land Assessment
$35,295 CAD
Improvements Assessment
$100,569 CAD
Total Assessment
$135,863 CAD
Annual Taxes
$20,448 CAD ($3.10 CAD/SF)
Tax Year
2025
  • Listing ID: 39617056

  • Date on Market: 2026-02-28

  • Last Updated:

  • Address: 7612 5th Ave, Brooklyn, NY 11209

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