Keller Williams Realty Empire
1/17
Listing Courtesy Of: Exit Realty Professionals, Jian (Carey) Yang
Listing Sold By: Exit Realty Professionals
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
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$1,950,000
6729 5 Avenue, Brooklyn, NY 11220
4,000 sq ft
.04 ac
$1,950,000

6729 5 Avenue, Brooklyn, NY 11220

Estimation provided by Keller Williams Realty Inc.
4,000 sq ft
.04 ac
Sold
Sold
Keller Williams Realty Advantage Fair Housing

Property Description

Money maker mixed use corner building at the boundary line of Bay Ridge and Sunset Park Area. The main store is a grocery store that opens 11:00 am to 9:00 pm opened 7 days, paying $4,207 with yearly increased. The rear store on the side is a art studio which is paying $1,200 with a lease, the tenant pays $25/month for the water. The second floor features living room, dining room, kitchen, master bedroom with a half bath plus two more bedrooms. $2400 per month, tenant is ready to renew the lease in May 2021. The top floor features living room, dining room, kitchen, master bedrooms with a half bathroom plus two nice sized bedrooms which is $2500/month and this unit will be vacant before closing. Both the 2nd FL and 3rd FL units have separate boilers and water heaters. Both of rood are in excellent condition. Private driveway and detached garage. Excellent opportunity for investment, cap rate close to 5%. Minutes away from Sunset Park, close to 5th Avenue shopping and major banks with easy access to Belt Parkway and BQE. All units are in excellent condition. New owner may occupy the top floor and the garage. *** SUPER SUPER LOW ANNUAL PROPERTY TAX @ $7,397*** Can't miss this great opportunity!

Property Details

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Overview
Property Type
Mixed Use
Property Size
4,000 sq ft
Days on Site
1,465 Days
HVAC
Baseboard, Hot Water, Gas
Parking
Yes

Activity History

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Purchase Price: $1,950,000
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Car-Dependent Walkable Very Walkable
NYC - Brooklyn Bay Ridge

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