4405 5th Avenue Brooklyn, NY $ 2,399,000
4405 5th Avenue
$ 2,399,000
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4405 5th Avenue

Brooklyn, NY, 11220
$ 2,399,000
Baths0.0 Sq 6,320

Monthly Estimate*

$ 16,758

4405 5th Avenue, Brooklyn, NY 11220 - Image 1
4405 5th Avenue, Brooklyn, NY 11220 - Image 2
Studio

Commercial Property for sale in Brooklyn, NY

for $2,399,000. This 6,320 square foot building was built in 1926 on a lot size of 0.045914.

Great investment opportunity! Prime location in Sunset Park near the B63 bus line, D, R, N, and W 45th St subway station, and all the stores and restaurants that 5th and 8th Ave have to offer. Sturdy brick building that has seven 2-bedroom family apartments as well as a store and a full basement. Store is leased until 2020. All apartments currently rented. Annual rent roll is approximately $13,700. Commercial tenant pays 35% of property tax and heat expenses. Solid returns at 5% cap rate.

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Commercial Active

Price

$ 2,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,549

Style

Mixed Use

Lot Size

0.045914

Year Built

1926

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

474603

Features
Interior
Heating Fuel Gas
Flooring Hardwood
Hot Water Hot Water Coil in Boiler
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General
Roof Other
Zoning R6A
Electric Circuit Breakers
Property Type Mixed Use
Block 739
Yearly Taxes 19549.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 321
MLS Area Sunset Park
Sub Type Mixed Use
Year Built 1926
City Brooklyn
DOM 321
# Families 7
Coming Soon Great investment opportunity! Prime location in Sunset Park near the B63 bus line D R N and W 45th St subway station and all the stores and restaurants that 5th and 8th Ave have to offer. Sturdy bric
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Momentum Real Estate Llc

Broker

(347) 605-6073

Phone

Affordability Calculator

$18,387
Per Month
91%
9%
0%
Monthly Principal & Interest
$16,758
Monthly Property Taxes
$1,629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2023$2,399,000 Listed Price

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4405 5th Avenue, Brooklyn, NY, 11220 is a Commercial Property for sale at $2,399,000 with 6,320 sqft and a lot size of 0.045914. 4405 5th Avenue is a studio with 0.0 baths and was built in 1926. The property's zip code is 11220 which is in Brooklyn, NY