557 5th Avenue
$4,000,000
—
4,890
4,890
$818
Description
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...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.
- Listed by Leonid Sklyar • RE/MAX Edge
- Listed by Albert Taye • RE/MAX Edge
Amenities
- Parking Included
- Lowrise
LISTING UPDATED: 08/14/2024 12:18 PM
Property Details for 557 5th Avenue
Status | Active |
---|---|
MLS ID | 480354 |
Days on Market | 256 |
Taxes | $47,236 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | 1925 |
Lot Size | 1,740 SF / 20' x 87' |
County | Kings County |
Building
Building Information for 557 5th Avenue
Stories3Residences10Year Built1925Lot Size1,740 SF / 20' x 87'Building Age-Building Type-
Property Information for 557 5th Avenue
Property History for 557 5th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 557 5th Avenue
This home is within Nyc Geog District #15 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
New Voices School Of Academic And Creative Arts Public6 to 8 | ||
John Jay School for Law Public9 to 12 | ||
Jhs 88 Peter Rouget Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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