5019 AvenueBrooklyn, NY 11234

Property Details for 5019 Avenue

Property size (Sq ft)

2,000 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional mixed-use property at 5019 Avenue N in Brooklyn's Flatlands neighborhood presents a compelling investment opportunity. The building, constructed of solid brick, features a ground floor commercial space currently vacant, ideal for an owner-user or lease to a new tenant. The upper floors comprise two residential units: a two-bedroom, one-bathroom apartment and a one-bedroom, one-bathroom apartment, both boasting hardwood floors. Currently operating at 100% occupancy, this property benefits from its prime location on a high-traffic retail corridor with a strong residential base. Public transportation is readily accessible, with a bus stop conveniently located at the corner and across the street. The building offers a total of 2,000 square feet and is listed at $1,280,000. This presents a rare chance to acquire a highly desirable mixed-use building in a sought-after area, making it suitable for an end-user, investor, or 1031 exchange. The vacant commercial space adds significant potential for increased income and customization. Don't miss this chance to secure a valuable asset in a thriving Brooklyn neighborhood.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6192

Longitude

-73.9261

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