7407 5th Avenue
Brooklyn,
NY
11209
- Commercial
- Year Built 1936
- Multi Family
- ML# 858608
Property Details
Overview
Exceptional opportunity to acquire a fully leased mixed-use building in the heart of Bay Ridge, one of Brooklyn’s most sought-after neighborhoods. This four-story property sits on a 20 x 89 lot and features a 20 x 75 building footprint, maximizing usable space across all levels. The asset includes a high-visibility retail storefront on the ground level, currently occupied by a long-term commercial tenant, and seven residential apartments above—each with updated leases and strong in-place income.The unit mix offers a range of layouts that appeal to the area’s rental demand, ensuring consistent cash flow and minimal vacancy. Located near publictransportation, retail, dining, and everyday conveniences, the building enjoys excellent foot traffic and local amenities. With gross annual income exceeding $206, 000, this investment provides immediate returns and long-term growth potential for investors seeking durable income in a prime Bay Ridge location.Prime Bay Ridge location surrounded by shops, restaurants, and easy access to public transportation. High foot traffic and vibrant neighborhood charm.
Key Facts
- •Lot Size: 0.0426
- •Lot Sq Ft: 1855
- •Taxes: $26,551
- •Sale or Rent: Sale
- •Zoning: R6B C1-3
•Block: 5931
- •Lot: 10
- •Construction Materials: Brick
- •Stories: 4
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Coldwell Banker Reliable R E
718-921-3100
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS