Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 2/19/2025 for $2,050,000

8710 3RD Avenue
Closed For Sale Multi Family

$2,050,000

$427 per sq ft

8710 3RD Avenue

Fort Hamilton, Brooklyn

MLS® #RLS11007293

RLS at REBNY

Listing by Douglas Elliman Real Estate

7

Bedrooms

5

Baths

4,800

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 7
Bathrooms 5
Living Area 4,800 sq ft
Lot Size 2,000 sq ft
Year Built 1926
Ownership None
Property Taxes $14,736/yr
Neighborhood Fort Hamilton
Floor 1 of 3

Property Highlights

  • Views: Other
  • Character: Pre-war building (1926)

Property Details

Type Multi Family
Ownership None
Total Rooms 14
Baths 5 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1926
Living Area 4,800 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,000 sq ft
Parcel # 06048-0034
Block/Lot 06048/0034

Description

Priced to sell at a 5.02% Cap rate!

8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities.

Unit Breakdown

1 X Commercial space

3 X 1 Bedroom & 1 Bathroom

2 X 2 Bedroom & 1 Bathroom

Building Information

Lot Size 20 X 100

Building Size 20 X 80

Total interior square foot 4800

Upgrades: Hot water heaters and boiler

For income and expense breakdown, please reach out.

Value-Add Opportunities:

Laundry Facility: Basement hook-up already in place for adding laundry services.

Storage Cages: Potential to add storage cages in the basement for extra income.

Roof Improvement: Opportunity to finish the roof and possibly create additional usable space.

All numbers are estimate and will need to be verified

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Building Information

Total Units 6
Stories 3
Structure Townhouse

Financial Details

RE Taxes $14,736/yr ($1,228/mo)
Original Price $2,499,000
Sale Price $2,050,000
Previous Price $2,499,000

Fort Hamilton offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.

Fort Hamilton Live Market Data

View Neighborhood

Active Listings

16

Median Asking Price

$480K

Median $/Sqft

$577

Avg Days on Market

N/A

New This Week

1

Price Reduced

25%

Sold (30 Days)

1

Median Sale Price

$405K

Live data from RLS at REBNY • Updated 3/3/26, 3:41 AM EST

Recently Sold in Fort Hamilton

View All

Location

Loading map...

8710 3RD Avenue, Fort Hamilton, Kings County

MLS® ID: RLS11007293
First Listed: 9/6/2024
On Market: 9/6/2024
Price Changed: 2/27/2025
Closed: 2/19/2025
Contract Date: 9/6/2024

Listing Courtesy of Douglas Elliman Real Estate - Taylor Warren Bos

Listing Contact: (917) 371-0788

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/3/2026 at 8:41 AM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article
Call WhatsApp
Call Milton WhatsApp