7127 5th Avenue
$2,150,000
7
7
4,800
4,800
$448
Description
This is a rare opportunity to own a mixed-use building on the desirable 5th Avenue in Bay Ridge, Brooklyn. The property features 7 one-bedroom apartments and 1 commercial space, with only one free-market unit and the rest rent-stabilized. The residential units have been beautifully renovated with modern finishes and amenities, and the common areas and utilities have been updated in the last 5 years. The commercial tenant - doctor’s office with leases ending in 2024 and 2025, providing stable income...This is a rare opportunity to own a mixed-use building on the desirable 5th Avenue in Bay Ridge, Brooklyn. The property features 7 one-bedroom apartments and 1 commercial space, with only one free-market unit and the rest rent-stabilized. The residential units have been beautifully renovated with modern finishes and amenities, and the common areas and utilities have been updated in the last 5 years. The commercial tenant - doctor’s office with leases ending in 2024 and 2025, providing stable income and low turnover. The property benefits from a 2B Tax Class that limits tax increases. The location is ideal for residents who want to enjoy the neighborhood’s attractions and parks, such as the Alpine Cinema, Gino’s Restaurant, Lief Erickson Park, McKinley Park and Owl’s Head Park, all within a short distance. The property is also well-connected to public transportation, with the Bay Ridge Avenue R train station and the B63 bus route nearby, as well as easy access to major highways like the Gowanus Expressway and Belt Parkway. Don’t miss this chance to invest in a turn-key property with strong cash-flow potential on a prime retail corridor.
- Listed by Vito Angelo • RE/MAX Real Estate Professiona • Other
- Listed by Billy E. Apter • RE/MAX Real Estate Professiona
Amenities
- Walk Up
- Voice Intercom
- Private Outdoor Space
- Parking Included
- Lowrise
LISTING UPDATED: 11/15/2024 03:17 PM
Property Details for 7127 5th Avenue
Status | Active |
---|---|
MLS ID | 480277 |
Days on Market | 259 |
Taxes | $23,491 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | 1907 |
Lot Size | 2,008 SF / 20' x 100' |
County | Kings County |
Building
Building Information for 7127 5th Avenue
Stories4Residences8Year Built1907Lot Size2,008 SF / 20' x 100'Building Age-Building Type-
Property Information for 7127 5th Avenue
Property History for 7127 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.
Public Records for 7127 5th Avenue
Taxable ValueLand$10,350Additions$422,370Total$432,720
Home Facts
Total Finished SqFt4,800 SqFtLot Size2,008 SqFtYear Built1907ZoningR6BAPN3058930003
Schools near 7127 5th Avenue
This home is within Nyc Geog District #20 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ralph A Fabrizio School PublicK to 5 | ||
Jhs 259 William Mckinley Public6 to 8 | ||
Fort Hamilton High School Public9 to 12 | ||
High School of Telecommunication Arts and Technology Public9 to 12 |
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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