5405 5Th AveBrooklyn, NY 11220
Prime Brooklyn location, high-income potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Prime Sunset Park location at 6th Avenue and 54th Street, high-traffic area.
- Legally-compliant three-family building with two storefronts (one ground floor, one basement), completely gut-renovated.
- Three 4-bedroom, 2-bathroom residential units, each approx. 1,822 sq ft with high ceilings, balconies, and ample closet space.
- 1,080 sq ft ground floor storefront (currently a 99-cent store on a month-to-month, $5,000 NNN lease) and a finished basement storefront/office/storage with separate entrance and bathroom.
- Building: 20' x 55', lot: 20' x 80', R6 S2 zoning.
- Projected annual income: $366,000, projected cap rate: 7%, significant upside potential.
Property Details for 5405 5Th Ave
- Property type
- Other mixed-use properties, Mixed-use properties
- Units
- 5
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.642649
- Longitude
- -74.012676
Nearby Similar for Sale
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