5125 6th AVE, Brooklyn, NY 11220
5125 6th AVE, Brooklyn, NY 11220
5125 6th AVE, Brooklyn, NY 11220
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Karin Lanciano

Karin Lanciano

Lanciano Pizante

+1(917) 426-8415
$2,700,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 979650

Rental Info No

Year Built 1908

Annual Tax Amount $27,970

Property Sub-Type Mixed Use

Source onekey2

Property Description

Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12' Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22' Of Frontage On 6th Ave. + 82' On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin', McDonald's, MicroCenter, Popeye's Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.

Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.

Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.

Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.

Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.

Gross Income: $143,340 Ann.

Expenses:

Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.

Trash: $0 Ann.

Taxes: $27,970 Ann.

Total Expenses: $43,719 Ann.

Net Operating Income (NOI): $99,621 Ann.

Location

State NY

County Kings (brooklyn)

Rooms

Basement See Remarks

Interior

Heating Oil

Cooling Multi Units

Fireplace No

Exterior

Utilities Available Electricity Available, See Remarks

Total Parking Spaces 6

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by All Island Estates Realty Corp • Richard Matt Shane

Nearby School & Business

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Karin Lanciano

Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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