157 North 5th Street Brooklyn, NY $ 3,600,000
157 North 5th Street
$ 3,600,000
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157 North 5th Street

Brooklyn, NY, 11211
$ 3,600,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 22,459

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Commercial Property for sale in Brooklyn, NY

for $3,600,000. This 4,000 square foot building was built in 1899.

Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.

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Commercial Active

Price

$ 3,600,000

Property Type

Commercial

Taxes

$ 5,300

Style

Multi Family

Year Built

1899

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

903870

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Appliances Dishwasher Microwave Refrigerator
Zoning R6B
Construction Materials Frame
Year Built 1899
Property Subtype Multi Family
Tax Year 2024
Parcel Number 02336-0040
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 4
Property Attached Y/N N
Tax Annual Amount 5300
Property Condition Actual
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Year Built Effective 2012
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Interior
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 4000
Waterfront Y/N N
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 157
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* Excluded Features
List By
Thomas J. Gagliano II

Listing Agent

Erealty Advisors, Inc

Broker

914-712-6330

Contact

Affordability Calculator

$22,901
Per Month
98%
2%
0%
Monthly Principal & Interest
$22,459
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2025$3,600,000 Listed Price

Map


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157 North 5th Street, Brooklyn, NY, 11211 is a Commercial Property for sale at $3,600,000 with 4,000 sqft. 157 North 5th Street was built in 1899. The property's zip code is 11211 which is in Brooklyn, NY