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480 5th Avenue

Brooklyn, NY 11215
  • $4,600,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 915437
UPDATED: 66 min ago
$4,600,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Prime Mixed-Use Corner Building for Sale This is a rare opportunity to acquire a mixed-use investment property situated on a prominent corner lot along 5th Avenue in the heart of Park Slope, one of Brooklyn's most desirable neighborhoods. The building features a total of seven residential units along with a ground-floor retail store. Among the residential units are one studio and five one-bedroom apartments, providing a mix that appeals to a wide tenant base. All of the units are rent-stabilized except for one, ensuring steady income while also offering long-term upside potential. The retail space benefits from excellent corner visibility and consistent foot traffic on busy 5th Avenue, making it highly attractive to commercial tenants. With its prime location surrounded by popular shops, restaurants, and everyday conveniences, this property combines strong cash flow with future growth opportunities. It presents an excellent investment for both owner-operators and investors seeking a stable asset in one of Brooklyn's most vibrant corridors. Over 6 Cap Rate

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T16:19:01.91.
www.selectyournexthome.com/homes/168212472
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480 5th Avenue Brooklyn, NY 11215

  • Price: $4,600,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 66 min ago
  • MLS #: 915437
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1920
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Property Description
Prime Mixed-Use Corner Building for Sale This is a rare opportunity to acquire a mixed-use investment property situated on a prominent corner lot along 5th Avenue in the heart of Park Slope, one of Brooklyn's most desirable neighborhoods. The building features a total of seven residential units along with a ground-floor retail store. Among the residential units are one studio and five one-bedroom apartments, providing a mix that appeals to a wide tenant base. All of the units are rent-stabilized except for one, ensuring steady income while also offering long-term upside potential. The retail space benefits from excellent corner visibility and consistent foot traffic on busy 5th Avenue, making it highly attractive to commercial tenants. With its prime location surrounded by popular shops, restaurants, and everyday conveniences, this property combines strong cash flow with future growth opportunities. It presents an excellent investment for both owner-operators and investors seeking a stable asset in one of Brooklyn's most vibrant corridors. Over 6 Cap Rate
Exterior Features

Construction Materials Brick Parking Features On Street Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details Finished Basement YN Yes Cooling Wall/Window Unit(s)

Property Features

Building Area Total 4300 Fuel Expense 6500 Heating Natural Gas Insurance Expense 8500 Lot Size Area 1400 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 23071 Tax Source Municipality Total Vacancies 1 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 8000 Water Source Public

Listing courtesy of Dingxing Chen of EXP Realty: 888-276-0630
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T16:19:01.91.
 
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