Brooklyn, NY 11220,5721 5th AVE
Brooklyn, NY 11220,5721 5th AVE
Brooklyn, NY 11220,5721 5th AVE
Brooklyn, NY 11220,5721 5th AVE
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$ 3,080,000
Est. payment | /mo

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$ 3,080,000
Est. payment | /mo
Save

Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 495842

Annual Tax Amount $27,965

Property Sub-Type Mixed Use

Property Description

Great opportunity to own a prime mixed-use building in the heart of Sunset Park's 5th Avenue business district! Featuring 4 residential units and 2 commercial units with a current rent roll of approximately $16,700/month, this property offers immediate cash flow with tremendous upside. All tenants are on a month-to-month basis, the future owner has the flexibility to adjust rents and unlock the property's full income potential. The building sits on a 25 × 100 lot with a 25 × 65 structure, and the first floor is extended to 25x95. Ideally located just minutes away from the R train and only a short distance from Brooklyn's bustling Chinatown on 8th Avenue. With strong residential demand and high commercial foot traffic, this is a rare investment opportunity that combines stability, growth, and long-term value in one of Brooklyn's most sought-after neighborhoods.

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Zoning c2-4/R6A

Rooms

Basement Cellar

Interior

Interior Features None

Hot Water Gas

Heating Gas

Flooring Other

Heat Source Gas

Exterior

Exterior Feature Other

Roof Type Other

Building

Story 3

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by E House Realty & Mgt. Inc.
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Joseph Matassa

Joseph Matassa

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+1(732) 802-7100

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5721 5th AVE