Bay Ridge Real Estate

5721 5th Avenue, Sunset Park, NY 11220

[Sunset Park Real Estate, listing number 3336210]



Description: 3336210
   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.

Details:
   Families: 4
   Property Type: Mixed Use

Financials:
   Price: $2,990,000

 

E House Realty & Mgt. Inc.
David Feng
Office: (718)680-2776

email: fengdavid@yahoo.com
provided by Brooklyn Bd of Realtors