4401 5th Avenue
Park Slope | 44th St & 45th St
Ownership
Mixed Use
Lot Size
20'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 23,943
Building Size
20'x90'
Year Built
1921
ASF/ASM
7,080/658
Property Description
Corner property located on 5th Ave, Brooklyn, offers a prime mixed-use investment opportunity in a bustling location. The building consists of 1 commercial store space and 7 residential units, including 5 spacious 4-bedroom apartments and 2 3-bedroom apartments. With a strong annual income of $256,364.72 and a manageable annual expense of $59,475.31, the property provides a net income of $196,889.33, making it a solid performer for investors seeking both residential and commercial rental income in a high-traffic area. This property offers potential for future value appreciation, while providing steady returns.
Corner property located on 5th Ave, Brooklyn, offers a prime mixed-use investment opportunity in a bustling location. The building consists of 1 commercial store space and 7 residential units, including 5 spacious 4-bedroom apartments and 2 3-bedroom apartments. With a strong annual income of $256,364.72 and a manageable annual expense of $59,475.31, the property provides a net income of $196,889.33, making it a solid performer for investors seeking both residential and commercial rental income in a high-traffic area. This property offers potential for future value appreciation, while providing steady returns.
Listing Courtesy of Tiger Realty
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Apartment Features
Exposed Bricks
Building Details [4401 5th Avenue]
Ownership
Mixed Use
Block/Lot
739/9
Building Size
20'x90'
Zoning
R6A
Year Built
1921
Floors
4
Lot Size
20'x100'
Mortgage Calculator in [US Dollars]
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: 489418