12
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7127 5th Avenue
Brooklyn, NY 11209
Residential Multi Family (Other)
0 Acres
4800 Sqft Living Area
7 Bedrooms
8 Bathrooms (7 Full, 1 Half)
Year Built: 1907
$2,150,000
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Property 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 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.
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Contact Details
Name: Billy Apter
Email: billyapter@remax.net
MLS Listing Id: 11256411
Agent Phone: (347) 721-6599
List Agent License:
Office Name: REMAX REAL ESTATE PROFESSIONALS
Office Phone: (718) 532-2000
Office MLS Id: 9079
Listing Status: Active
Listing URL: https://listings.listhub.net/pages/NYSMLS/11256411/?channel=openhousinc
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.