5023 5th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11220- Sunset Park
$4,800,000 USD
917-865-6537
5023 5th Ave, Brooklyn, NY for Sale
$4,800,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | 5.04% Cap Rate

5023 5th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Just a block's distance to the subway lines,
  • location benefits immensely from its accessibility to public transportation

OVERVIEW

East Coast Realtors Inc is proud to present the sale of 5023 5 Ave, Brooklyn, NY 11220. The mixed-used property is situated on 5th Ave and 51st St with great exposure. The building boasts 6 retail units and 4 residential units, 7,000 SF of space and C4-3 zoning making it an optimal choice for various retail and residential purposes. It is graced by an array of prominent national tenants and commanding an excellent foot traffic. The building is fully occupied with all tenants being on month-to-month rental agreement. With just a block's distance to the subway lines, this location benefits immensely from its accessibility to public transportation via subway and buses.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$849 USD /SF

CAP RATE

5.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

C4-3A

APN/PARCEL ID

00792-0001

ASK ABOUT THIS PROPERTY

Eric LiEast Coast New YorkMore Info
917-865-6537

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Eric LiEast Coast New YorkMore Info
917-865-6537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.