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  • 5721 5th Avenue
  • $ 2,990,000
5721 5th Avenue Sunset Park Brooklyn NY 11220
5721 5th Avenue Sunset Park Brooklyn NY 11220
5721 5th Avenue Sunset Park Brooklyn NY 11220

5721 5th Avenue

Sunset Park   |   57th St & 58th St

Building For Sale
$ 2,990,000
Ownership Mixed Use
Lot Size 25'x100'
Status Active
Real Estate Taxes [Per Annum] $ 27,965
Building Size 25'x65'
Year Built 1904
ASF/ASM 5,761/535
 

Photos

5721 5th Avenue Sunset Park Brooklyn NY 11220

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
5721 5th Avenue Sunset Park Brooklyn NY 11220

Property Description

A rare and prestigious opportunity to acquire a premier mixed-use property in the highly sought-after 5th Avenue corridor of Sunset Park. This meticulously positioned building features four residential residences and two commercial spaces, currently generating approximately $16,200 in monthly rental income, with all tenants on flexible month-to-month arrangements that provide the future owner with the ability to strategically reposition the asset, optimize rents, and maximize its full income potential. Ideally located just moments from multiple subway lines and bus routes, offering seamless connectivity to Manhattan and throughout Brooklyn, the property is also surrounded by a vibrant mix of retail shops, restaurants, supermarkets, and thriving local businesses along bustling 5th Avenue, making this an exceptional investment that delivers immediate cash flow in one of Brooklyn’s most dynamic and rapidly evolving neighborhoods.
A rare and prestigious opportunity to acquire a premier mixed-use property in the highly sought-after 5th Avenue corridor of Sunset Park. This meticulously positioned building features four residential residences and two commercial spaces, currently generating approximately $16,200 in monthly rental income, with all tenants on flexible month-to-month arrangements that provide the future owner with the ability to strategically reposition the asset, optimize rents, and maximize its full income potential. Ideally located just moments from multiple subway lines and bus routes, offering seamless connectivity to Manhattan and throughout Brooklyn, the property is also surrounded by a vibrant mix of retail shops, restaurants, supermarkets, and thriving local businesses along bustling 5th Avenue, making this an exceptional investment that delivers immediate cash flow in one of Brooklyn’s most dynamic and rapidly evolving neighborhoods.

Listing Courtesy of RE/MAX Edge

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
5721 5th Avenue Sunset Park Brooklyn NY 11220
5721 5th Avenue Sunset Park Brooklyn NY 11220

Building Details [5721 5th Avenue]

Ownership Mixed Use
Block/Lot 848/2
Building Size 25'x65'
Zoning C2-4/R6A
Year Built 1904
Lot Size 25'x100'

Mortgage Calculator in [US Dollars]

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Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 498413