| Primary address | 7118 3rd Avenue |
| Secondary address | 7118-7124 3rd Ave |
| Neighborhood | Bay Ridge |
| Zip code | 11209 |
| Borough | Brooklyn |
| Block & lot | 05890-0043 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $440,527 |
| Lot sq. ft. | 20,000 |
| Lot dimensions | |
| Property type | Predominant Retail with Other Uses (K4)
|
| Building sqft | 40,927 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1931 |
| Construction type | Register |
| School district | 20 |
| Community district | 10 |
| Closest police station | 0.41 Miles |
| Closest fire station | 0.30 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Predominant Retail with Other Uses (K4) located at 7118 3rd Avenue, Brooklyn, NY 11209 has a total of 40,927 square feet.
What is the year built & the current market value of 7118 3rd Avenue, Brooklyn, NY 11209?7118 3rd Avenue, Brooklyn, NY 11209 was built in 1931 and has a current tax assessor's market value of $9,765,000.
How many commercial spaces does this building have?This building has 3 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 05/04/2026 |
| Last updated | 05/21/2026 |
| Lot size | 0.4591 Acre |
Located in the Bay Ridge neighborhood of Brooklyn, on the Corner of 72nd St & 3rd Ave near the Bay Ridge Avenue subway station. Nearest Transit: R train at Bay Ridge Ave and the B37, B4, & S79-SBS bus lines. Nearby tenants include Starbucks, Salty Dog, The Brooklyn Firefly, Tanoreen, Step Ahead, Daycare, School of Rock, Pig Pig Cafe, The UPS Store, Fairy Tale Island, Metro by T-Mobile, AT&T, Fuel, Take Away Cafe, Piece by Piece, McDonald’s, Dunkin’, Subway, Kung Fu Tea, Citizens Bank, Bank of America, Chase Bank, PNC, and more!Corner Retail with 50 FT of Frontage & Signage Opportunity for Lease
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 7118 3rd Ave | Street Retail | Listing price not available | 10,000 | Shlomi Bagdadi |
Create a free account to view the complete sales history for 7118 3rd Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 7118 3rd Avenue, Brooklyn, NY 11209. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $402,920 |
| Estimated property tax: | $440,527 |
| Tax assessor's market value: | $9,765,000 |
| Assessed value: | $4,394,250 |
Here's the assessment & property tax history for 7118 3rd Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $9,765,000 | $4,394,250 | $3,714,230 | 10.848% | $402,920 | $402,920 | +5.43% |
| 2024/25 | $10,953,000 | $4,928,850 | $3,550,960 | 10.762% | $382,154 | $382,154 | +2.66% |
| 2023/24 | $10,575,000 | $4,758,750 | $3,514,320 | 10.592% | $372,237 | $372,237 | +13.63% |
| 2022/23 | $10,113,000 | $4,550,850 | $3,077,129 | 10.646% | $327,591 | $327,591 | +14.53% |
| 2021/22 | $6,022,000 | $2,709,900 | $2,659,489 | 10.755% | $286,028 | $286,028 | +9.61% |
The complete history of permits filed for 7118 3rd Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 4th Ave & Bay Ridge Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.209 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 3 Av/72 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 7118 3rd Avenue, Brooklyn, NY 11209.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 260 71st St, Brooklyn | 2,072 | 08/23/2022 | |
| 247 72nd St, Brooklyn | 2,182 | 08/22/2024 | $1,520,000 |
| 7110 3rd Ave, Brooklyn | 8,110 | 06/17/2021 | |
| 7102 3rd Ave, Brooklyn | 4,800 | 05/06/2015 | $2,000,000 |
| 262 71st St, Brooklyn | 2,072 | 09/25/2014 | $160,010 |
| 259 72nd St, Brooklyn | 1,896 | 05/28/1986 | |
| 270 71st St, Brooklyn | 2,120 | 07/31/2014 | $930,000 |
| 264 71st St, Brooklyn | 2,072 | 06/10/2003 | $525,000 |
| 257 72nd St, Brooklyn | 1,896 | 07/25/2022 | $1,100,000 |
| 251 72nd St, Brooklyn | 1,868 | 07/19/2007 | $535,000 |
| 7103 3rd Ave, Brooklyn | 15,054 | 11/20/1995 | |
| 7104 3rd Ave, Brooklyn | 3,300 | 10/10/2017 | |
| 255 72nd St, Brooklyn | 2,600 | 08/30/1996 | |
| 249 72nd St, Brooklyn | 2,444 | 05/26/2009 | $390,000 |
| 7025 3rd Ave, Brooklyn | 13,492 | 03/29/1995 | |
| 272 71st St, Brooklyn | 2,000 | 01/17/2017 | |
| 266 71st St, Brooklyn | 2,072 | 05/15/2000 | |
| 253 72nd St, Brooklyn | 1,872 | 04/11/2022 | $1,070,000 |
| 243 72nd St, Brooklyn | 3,338 | 03/18/2000 | |
| 7106 3rd Ave, Brooklyn | 3,640 | 08/15/2014 | $850,000 |
