557 5TH AVE
BROOKLYN, NY 11215

$4,000,000

0 Beds

0 Baths

4,890 Sq Ft

Status Active

MLS# 480354

A prime mixed-use building nestled in the heart of vibrant Park Slope, Brooklyn. This corner property boasts a strategic location and presents an excellent investment opportunity. The well-maintained building features a mix of residential and commercial spaces, comprising four apartments and three stores. With a current rent roll of $213,200, and a projected rent roll within a year is $288,000, this property showcases its income-generating potential. Each apartment is thoughtfully designed, offering two bedrooms and a well-appointed bathroom. The interiors boast newer granite floors, kitchens, and bathrooms, ensuring a modern and comfortable living experience for residents. The strategic placement of this mixed-use gem provides not only a steady income stream but also high upside potential for future growth and profitability. Don't miss the chance to own a piece of Park Slope's thriving real estate landscape.

Details for 557 5TH AVE

$818 / Sq Ft

0 parking spaces

Steam/Radiator

105 Days on website

0.04 acres lot

Interior

Flooring

Ceramic, Granite

Interior Features

None

Living Area

4,890 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

1925

Exterior And Lot

Exterior Features

Brick

Lot Size Acres

0.04

Lot Size Length

Lot Size Square Feet

1740

Lot Size Width

Parking Features

None

Yard

Other

Zoning

C4-3A

Utilities

Heating

Steam/Radiator

Heating Fuel

Gas

Hot Water

Gas

Area And Schools

City

Brooklyn

County Or Parish

Kings (Brooklyn)

Financial Info

Tax Annual Amount

$47,236

Utility Expense

700.00

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX Edge, (718) 612-3088

Updated

3:57pm UTC- 6/19/2024

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Brooklyn MLS. All Rights Reserved.