7624 5th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11209- Bay Ridge
$1,849,000 USD
347-723-8421
7624 5th Ave, Brooklyn, NY for Sale
$1,849,000 USD
Storefront Retail/Residential - FOR SALE
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null | Request Cap Rate

7624 5th Ave
Brooklyn, NY 11209
Bay Ridge


HIGHLIGHTS

  • Heavy Foot & Car Traffic
  • Public Transportation Accessible (R Train, B63, B4)
  • Convenient Shopping
  • Neighborhood - Bay Ridge (highly desirable)

OVERVIEW

Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!

FOR SALE DETAILS

PRICE

$1,849,000 USD

PRICE/SF

$506 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7624 5th Avenue

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

05951-0051

ASK ABOUT THIS PROPERTY

John KoulouroudisBen Bay Realty Company of Bay RidgeMore Info
347-723-8421

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John KoulouroudisBen Bay Realty Company of Bay RidgeMore Info
347-723-8421

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