Bay Ridge Real Estate

4811 5th Avenue, Sunset Park, NY 11220

[Sunset Park Real Estate, listing number 3348913]



Description: 3348913
   Rare opportunity to acquire a three-building Brooklyn portfolio. The portfolio consists of 5505 5th Avenue, 5507 5th Avenue, and 4811 5th Avenue, strategically located along the vibrant 5th Avenue commercial corridor. The properties offer a diversified mix of commercial and residential income, providing investors with strong in-place cash flow and long-term investment potential in one of Brooklynâ??s established neighborhoods. Nearly $500,000 in annual NOI. Approximately 5.5% cap rate based on current financials. The portfolio is being offered at $9,000,000. Qualified investors and cooperating brokers are invited to contact the exclusive listing broker for additional information, including the rent roll, income and expense statements, property details, and showing arrangements.

Details:
   Families: 6
   Property Type: Mixed Use
   Built: 1924

Financials:
   Price: $9,000,000

 

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

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


 

E House Realty & Mgt. Inc.
Zhongzh Chen
Office: (718)680-2776

email: usaspace21@gmail.com
provided by Brooklyn Bd of Realtors