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
Roof Deck:
Flat
Address Map
Where do you want to live:
11220
Street:
5th
Street Number:
4401
Street Suffix:
Avenue
Floor Number:
0
Longitude:
W75° 59' 35.6''
Latitude:
N40° 38' 53.9''
MLS Addon
Property Sub Type:
Mixed Use
Baths Full:
0
DOM:
14
Flooring:
Other
Commercial Features Exterior:
Other
Commercial Features Interior:
Other
List Office MLSID:
120260
List Office Name:
Tiger Realty
List Agent Full Name:
Hang (Tyler) Chen
List Agent MLSID:
hc3855
Additional Fee:
$0
Assessment Fee:
$0
Basement Amenities:
Other, Full
Exterior:
Other
Status:
Active
Tax Amount:
$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
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