480 5th Avenue Brooklyn, NY $ 4,600,000
480 5th Avenue
$ 4,600,000
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480 5th Avenue

Brooklyn, NY, 11215
$ 4,600,000
Bedrooms-- Baths-- Sq 4,300

Monthly Estimate*

$ 28,698

480 5th Avenue, Brooklyn, NY 11215 - Image 1

Commercial Property for sale in Brooklyn, NY

for $4,600,000. This 4,300 square foot building was built in 1920 on a lot size of 0.0321.

Prime Mixed-Use Corner Building for Sale This is a rare opportunity to acquire a mixed-use investment property situated on a prominent corner lot along 5th Avenue in the heart of Park Slope, one of Brooklyn’s most desirable neighborhoods. The building features a total of seven residential units along with a ground-floor retail store. Among the residential units are one studio and five one-bedroom apartments, providing a mix that appeals to a wide tenant base. All of the units are rent-stabilized except for one, ensuring steady income while also offering long-term upside potential. The retail space benefits from excellent corner visibility and consistent foot traffic on busy 5th Avenue, making it highly attractive to commercial tenants. With its prime location surrounded by popular shops, restaurants, and everyday conveniences, this property combines strong cash flow with future growth opportunities. It presents an excellent investment for both owner-operators and investors seeking a stable asset in one of Brooklyn’s most vibrant corridors. Over 6 Cap Rate

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Commercial Active

Price

$ 4,600,000

Property Type

Commercial

Taxes

$ 23,071

Style

Multi Family

Lot Size

0.0321

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

915437

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Water Connected
Construction Materials Brick
Year Built 1920
Property Subtype Multi Family
Tax Year 2024
Parcel Number 01022-0045
County Kings (Brooklyn)
Insurance Expense 8500
Property Type Commercial Sale
Directions www.google.com/maps
City New York
Number Of Units Total 7
Property Attached Y/N Y
Tax Annual Amount 23071
Showing Instructions Call L/A Kevin @ 718-813-6464
Fuel Expense 6500
Water Sewer Expense 8000
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Finished
Basement Features Finished
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 4300
Waterfront Y/N N
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Internal Only
Street Number 1 480
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* Excluded Features
List By
Dingxing Chen

Listing Agent

Exp Realty

Broker

888-276-0630

Contact

Affordability Calculator

$30,621
Per Month
94%
6%
0%
Monthly Principal & Interest
$28,698
Monthly Property Taxes
$1,923
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
9/24/2025$4,600,000 Listed Price

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480 5th Avenue, Brooklyn, NY, 11215 is a Commercial Property for sale at $4,600,000 with 4,300 sqft and a lot size of 0.0321. 480 5th Avenue was built in 1920. The property's zip code is 11215 which is in Brooklyn, NY