5721 5th Avenue, Brooklyn, New York 11220
- $2,990,000
- List Price
- $2,990,000
- Status
- ACTIVE
- MLS#
- 500348
Property Description
Great opportunity to own a prime mixed-use building in the heart of Sunset Park's 5th Avenue business district! Featuring 4 residential units and 2 commercial units with a current rent roll of approximately $16,700/month, this property offers immediate cash flow with tremendous upside. All tenants are on a month-to-month basis, the future owner has the flexibility to adjust rents and unlock the property's full income potential. The building sits on a 25x100 lot with a 25x65 building, and the first floor is extended to 25x95. Ideally located just minutes away from the R train and only a short distance from Brooklyn's bustling Chinatown on 8th Avenue. With strong residential demand and high commercial foot traffic, this is a rare investment opportunity that combines high return on investment, stability, growth, and long-term value in one of Brooklyn's most sought-after neighborhoods. Apartments will be delivered vacant at closing.
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Additional Information
- Lot Size
- 2,500
- Stories
- 3
- Parking Description
- None
- Heat Source
- Gas
- Zoning
- C2-4/R6A
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Attached
- Basement
- Cellar
- Lot Dimensions
- 100 x 25
- Building Dimensions
- 65.00 x 25.00
- Estimated Yearly Tax Amount
- $27,965
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Listing courtesy of E House Realty & Mgt. Inc..