5415 8th Avenue,Brooklyn, NY 11220
Brooklyn, NY 11220
Description
Prime Sunset Park Mixed-Use Building For Sale! Excellent investment opportunity featuring a 3-story building with a full finished basement2 family and 1 commercial storefront. Lot size 20x80; Building size: 1FL 20x80, 2FL&3FL 20x56. Ideally located on 8th Avenue in the heart of Sunset Park, a highly desirable commercial corridor with strong foot traffic and excellent visibility.The ground-floor retail unit is currently a pharmacy with 2 years remaining on the lease and a 3-year option to renew; rent includes 25% of property tax. The 2nd and 3rd floor residential units have been renovated and require no additional work. The residential units can be DELIVERED VACANT, offering great flexibility for owner-use or rental. Convenient to N train and B9, B70 bus lines, restaurants, supermarkets, and all neighborhood amenities. Excellent income-producing property with a current 5.51% cap rate and strong potential to reach 6.71%! A rare find in a prime 8th Avenue location! All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.
Details
| MLS # | 497004 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 320 |
| Listing Provided By | Fang Fang Realty Inc | Xiu Qin (Jenny) Zou |
Features
| SQ Feet | 3,840 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R6, C1-3 |
Interior
| Heating Fuel | Other |
|---|
Exterior
| Exterior | Brick |
|---|---|
| Roof | Other |
| Construction Materials | Other |
| Foundation Details | Other |
Parking
| Parking Feature Single | None |
|---|
Utilities
| Electric | Other |
|---|
Taxes
| Tax Amount | 16330.00 |
|---|
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| Area | Brooklyn |
| Subarea | Sunset Park |
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| Area | Brooklyn |
| Subarea | Sunset Park |
