$4,000,000

557 5th Avenue, Brooklyn, NY 11215, US

Summary

Style: Mixed Use
Sq Ft: 4890
Year Built: 1925

Moving Quotes

primary photo for 557 5th Avenue, Brooklyn, NY 11215, US

Remarks

A prime mixed-use building nestled in the heart of vibrant Park Slope, Brooklyn. This corner property boasts a strategic location and presents an excellent investment opportunity. The well-maintained building features a mix of residential and commercial spaces, comprising four apartments and three stores.

With a current rent roll of $213,200, and a projected rent roll within a year is $288,000, this property showcases its income-generating potential. Each apartment is thoughtfully designed, offering two bedrooms and a well-appointed bathroom. The interiors boast newer granite floors, kitchens, and bathrooms, ensuring a modern and comfortable living experience for residents.

The strategic placement of this mixed-use gem provides not only a steady income stream but also high upside potential for future growth and profitability. Don't miss the chance to own a piece of Park Slope's thriving real estate landscape.

Details

MLS#: 480354
Price: $4,000,000

Style: Mixed Use
Sq Ft: 4890
Year Built: 1925

County: Kings (Brooklyn)
Tax Fee: 47236.00

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Broker Contact

RE/MAX Edge
1812 Bath Ave
Brooklyn, NY, 11214
US
Michael Napolitano
! (718) 612-3088
! michaelnapolitano@remaxedgeny.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Brooklyn New York Multiple Listing Service
Last updated: 2024-03-28T13:38:45.000-04:00.
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