Property Description
Corner property located on 5th Ave, Brooklyn, offers a prime mixed-use investment opportunity in a bustling location. The building consists of 1 commercial store space and 7 residential units. With a strong annual income of $256,364.72 and a manageable annual expense of $59,475.31, the property provides a net income of $196,889.33, making it a solid performer for investors seeking both residential and commercial rental income in a high-traffic area. This property offers potential for future value appreciation, while providing steady returns.
Features
: Flat
Address Map
11220
5th
4401
Avenue
0
W75° 59' 35.6''
N40° 38' 53.9''
MLS Addon
: Mixed Use
0
14
: Other
: Other
: Other
120260
Tiger Realty
Hang (Tyler) Chen
hc3855
$0
$0
: Other, Full
: Other
: Active
$23,943
Mixed Use For Sale
4401 5th Avenue, Brooklyn, New York 11220
7,080 Sqft
$3,500,000
Listing ID #489418
Basic Details
Property Type : Mixed Use
Listing Type : For Sale
Listing ID : 489418
Price : $3,500,000
Square Footage : 7,080 Sqft
Year Built : 1921
Lot Area : 2,000 Sqft
Agent info
Mortgage Calculator
Contact Agent