NY > Brooklyn
Brooklyn, NY 11209,7407 5th AVE
Brooklyn, NY 11209,7407 5th AVE
Brooklyn, NY 11209,7407 5th AVE
Brooklyn, NY 11209,7407 5th AVE
Brooklyn, NY 11209,7407 5th AVE
Brooklyn, NY 11209,7407 5th AVE
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Kristina Evans

Kristina Evans

+1(347) 612-3102
$ 2,599,000
Est. payment | /mo

1,855 Sqft Lot

Save
$ 2,599,000
Est. payment | /mo
Save

1,855 Sqft Lot

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 858608

Rental Info No

Year Built 1936

Annual Tax Amount $26,550

Lot Size 1,855 Sqft

Acres 0.0426

Property Sub-Type Multi Family

Source onekey2

Property Description

Exceptional opportunity to acquire a fully leased mixed-use building in the heart of Bay Ridge, one of Brooklyn's most sought-after neighborhoods. This four-story property sits on a 20 x 89 lot and features a 20 x 75 building footprint, maximizing usable space across all levels. The asset includes a high-visibility retail storefront on the ground level, currently occupied by a long-term commercial tenant, and seven residential apartments above—each with updated leases and strong in-place income.

The unit mix offers a range of layouts that appeal to the area's rental demand, ensuring consistent cash flow and minimal vacancy. Located near public
transportation, retail, dining, and everyday conveniences, the building enjoys excellent foot traffic and local amenities. With gross annual income exceeding $206,000, this investment provides immediate returns and long-term growth potential for investors seeking durable income in a prime Bay Ridge location.

Prime Bay Ridge location surrounded by shops, restaurants, and easy access to public transportation. High foot traffic and vibrant neighborhood charm.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full

Interior

Cooling None

Flooring Ceramic Tile

Fireplace No

Appliance Microwave, Refrigerator, Stainless Steel Appliance(s)

Exterior

Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Coldwell Banker Reliable R E

GET MORE INFORMATION

agent
Kristina Evans

Broker | License ID: 10491211077

+1(347) 612-3102

515 Madison Ave 8th Floor # 8094, York, NY, 10022, United States

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7407 5th AVE