5102 5th Ave
Brooklyn, NY 11220
Sunset Park
HIGHLIGHTS
- Institutional 4-Story Mixed-Use Asset On Sunset Park’s Prime 5th Avenue Corridor | New 15-Year Lease From Bank Of America On Ground Level
- Irreplaceable 5th Avenue Frontage In The Heart Of Sunset Park | Dense, Transit-Rich Neighborhood With Superb Foot Traffic
- Recently Repositioned | Turnkey, Low-Maintenance Building With Modern Systems, New Construction Efficiencies, And Minimal Landlord Responsibilities
- Investment-Grade Credit Anchor (Bank Of America) | S&P Credit Rating "A-" | Secure And Balanced Income Profile With Built- In Risk Mitigation
- Long-Term Value Preservation In A Proven Brooklyn Submarket - Sunset Park Continues To Demonstrate Strong Capital Durability Across Cycles
- Neighboring Retailers Include: Burger King, Rite Aid, McDonald's, Popeye's, Planet Fitness, Pollo Campero, Five Below, Chase Bank, and GameStop
FOR SALE DETAILS
PRICE
$18,656,120 USD
PRICE/SF
$1,600 USD /SF
# OF UNITS
14
PRICE/UNIT
$1,332,580
CAP RATE
5%
% LEASED
86%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America Anchored Mixed-Use
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
C4-3
APN/PARCEL ID
00799-0037
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