4902 5th Ave., brooklyn, NY 11220
6 Photos
 
Listed By  
REMAX EDGE
Office: 718-288-3835
Cell: 917-916-2368
 
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$3,380,000
Active for Sale
 
Listing ID 10599640
Property Type Commercial
County Kings
Township Kings
Neighborhood Sunset Park
Total Tax $71,453
Year Built 1931
   
Excellent investment opportunity!!! Extra large solid brick 3 retail store and 2 residential units mixed use corner building located on super busy location 5th Avenue of Sunset Park. 3 stories plus finished nice basement for storage. 2nd floor and 3rd floor both feature 3 bedrooms with 2 full bathroom each; both apartments were renovated on August 2017. Ground floor features 3 retail stores. Building size: 1st floor:20x100, 2nd floor:20x68. Lot size:20x100. All five unit have separate heat and hot water. Gross annual income $253,300. Total expenses:$79,208. Total net operating income $173,992. The whole building is maintained very well and installed surveillance system. CAP rate 4.57%. Convenient to all. Can't miss it. Call listing agent for rent roll breakdown.
Property Details
  • 7 Full Baths
  • 4080 Sq. Ft.
  • 2017 Sq. Ft. Lot
  • Built in 1931
  • 3 Stories
  • Available 05/01/2019
  • Lower Level: Finished
Unit Information
Unit #1Retail, Rent Price: 2600, Occupied
Unit #2Retail, Rent Price: 2500, Occupied
Unit #3Retail, Rent Price: 10000, Occupied
Unit #4Residential, Rent Price: 3000, Bedrooms: 3, Full Baths: 2, Occupied
Unit #5Residential, Rent Price: 3000, Bedrooms: 3, Full Baths: 2, Occupied
Interior Features
  • Hardwood Flooring
  • Ceramic Tile Flooring
  • Hot Water
  • Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
Income/Expenses
  • Gross Income $253,200
  • Net Income $173,991
  • Insurance Exp $5,256
  • Water Exp $2,500
  • Total Exp $79,209
Taxes and Fees
  • $71,453 Total Tax
Listed By
REMAX EDGE
Office: 718-288-3835
Cell: 917-916-2368
Request More Information
Listing data is deemed reliable but is NOT guaranteed accurate.
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