641 5th Avenue

Greenwood Heights

$1,400,000
Price
Beds
2
Baths
1,612 Sq. Ft.
$868 / Sq. Ft.
1,612
Sq. Ft.
$868
per Sq. Ft.

Description

Prime Park Slope South mixed-use property on 5th Ave featuring a ground-floor commercial store and a 4-room, 1-bath apartment above. The property, situated on a 21.33 x 74.5 lot, includes a full finished basement used for storage, ideal for enhancing the commercial space. Zoned R6A, it allows for additional buildable square footage, adding valuable development potential. Located in a high-traffic area with excellent pedestrian and vehicle exposure, the property is in close proximity to trains, shopping,...Prime Park Slope South mixed-use property on 5th Ave featuring a ground-floor commercial store and a 4-room, 1-bath apartment above. The property, situated on a 21.33 x 74.5 lot, includes a full finished basement used for storage, ideal for enhancing the commercial space. Zoned R6A, it allows for additional buildable square footage, adding valuable development potential. Located in a high-traffic area with excellent pedestrian and vehicle exposure, the property is in close proximity to trains, shopping, dining, and all other amenities along 5th Ave, as well as the vibrant offerings of 4th Ave and 7th Ave, making it a fantastic investment opportunity in a sought-after neighborhood.
  1. Listed by Mohamad Hasan • Bellmarc • Other

Amenities

  • Concierge
  • Gym
  • Elevator
  • Walk Up
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 11/06/2024 12:21 PM

Property Details for 641 5th Avenue

StatusActive
MLS ID487248
Days on Market2
Taxes$6,456 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size75 SF / 21' x 75'
CountyKings County

Building

641 5th Ave

1 Units2 StoriesBuilt in 1931

Building Information for 641 5th Avenue

Stories2Residences1Year Built1931Lot Size75 SF / 21' x 75'Building Age-Building Type-

Property Information for 641 5th Avenue

Summary
Location and General Information
  • Block: 879
  • Number Of Stories: 1
  • Cross Street Name: 18th Street
  • Cross Street Name: 19th Street
  • Zoning: R6A
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 6456.0
  • Gross Expense: 12845.0
  • Gross Income: $48,480.00
Property
Lot Information
  • Lot Dimensions: 21.33X74.5
  • Yard: Back
  • Lot Number: 8
  • Lot Size Irregular YN: No
  • Lot Size Length: 21
  • Lot Size Width: 1589
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Other
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 450.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Commercial Features Interior: Other
  • Foundation Details: Other
  • Flooring: Carpeting, Hardwood, Linoleum
  • Lavatories: 2
  • Construction Materials: Wood Frame
  • Electric: Circuit Breakers
Exterior Features
  • Exterior: Siding
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 735.0
  • Building Length: 35.0
  • Building Type: Attached
  • Building Width: 21.0
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5439.0
  • Owner Occupied: No
  • Rent Income: 48480.0

Property History for 641 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 641 5th Avenue

Taxable ValueLand$12,240Additions$57,360Total$69,600
Home Facts
Total Finished SqFt1,612 SqFtLot Size1,589 SqFtYear Built1931ZoningR6AAPN3008790008

Schools near 641 5th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 295
PublicPK to 5

Park Slope Collegiate
Public6 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.

Similar Homes

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641 5th Avenue is a mixed use property for sale in Greenwood Heights. This property was listed for sale on November 5, 2024 by Bellmarc, it's currently listed at $1,400,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 295, New Voices School Of Academic And Creative Arts and Park Slope Collegiate. 641 5th Avenue is a 0-bed, 2-bath, 1,612 sqft mixed use property built in 1931.

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Listing Courtesy of Bellmarc

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