Active
5002 5th Avenue
Brooklyn NY, 11220
$6,499,000
$878.24 per sqft
Active
7,400 sqft
Multi-family
Built in 1931
Welcome to this Solid brick construction semi-detached 2-family and 5-store in Sunset Park. Attention Investors. I am excited to present a prime investment opportunity located in the highly visible and heavily trafficked Sunset Park area. This property sits on a 30 x 100 lot and is a corner property featuring a mixed-use building with 5 stores and 2 residential units. Situated in the bustling 5th Avenue business district, this property offers exceptional exposure and foot traffic. Property Highlights mixed-use building: Comprising 5 retail stores and 2 residential units. Located on a prominent corner in a high traffic area. The current rent rolls: Net Operating Income (NOI) is approximately $358,749.40 annually. Convenient located close to public transportation, including the R train, and just a few minutes from Brooklyn's Chinatown on 8th Avenue. The amenities include easy access to shopping, grocery stores, restaurants, and more. This property is a rare find in Sunset Park and offers great potential for both retail and residential income. With its strategic location and substantial NOI, it presents an outstanding investment opportunity. For more information or to schedule a viewing, please contact me at your earliest convenience. Don't miss out on this exceptional investment opportunity!
484018
MLSⓇ ID
August 8, 2024
Listed
November 25, 2024
Updated
Map
5002 5th Avenue
Brooklyn NY, 11220
Interior Features
Total Stories
3
Interior Features
Ceramic Tile, Concrete, Tile
Appliances
Gas Water Heater
Floor Description
Ceramic Tile, Concrete, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Steam, Natural Gas
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Area Name
Brooklyn
Taxes
$56,396
Tax Frequency
Annually
Days on Market
152
Garage
No
View
No
County
Kings
Pool
No
Zoning
C4-3A
Listing History
Date | Event | Price |
---|---|---|
9/10/2024 | Price change | $6,499,000 -8% |
Listed by Kun (John) Wu with Century 21 Realty First
Listing Contact: 7187585838
Based on information from Brooklyn Board of REALTORS®. Data last updated 11/25/2024. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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