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286 5th Ave

22 Unit Apartment Building For Sale Brooklyn, NY 11215

Executive Summary

Newmark has been retained on an exclusive basis to arrange for the sale 286 5th Avenue, Brooklyn, NY. The approximately 12,982 SF multifamily property is located on the west corner of 5th Avenue and 1st Street in the Park Slope neighborhood of Brooklyn.
The building offers 22 residential apartment units across 5 stories. The asset is comprised of eleven (11) one-bedroom and eleven (11) two-bedroom apartments. Twelve (12) of the 22 total units are duplexes, one of which features a terrace. The building is 100% free market offering an outstanding opportunity to benefit from continued rent growth in one of the most popular neighborhoods in Brooklyn.
Building recently underwent renovations on all of the apartment units and the building’s common areas. There is a beautifully landscaped community space in the backyard yard setting 286 5th Avenue apart from other product in the area. The backyard garden is fully equipped with an outdoor kitchen and grill and accessible to all tenants. Residents also bene?t from a package room, storage, bike storage and smart doors.

Property Facts

Sale Type Investment
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.05 AC
Building Size 11,137 SF
No. Stories 4
Year Built/Renovated 1910/2021

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Intercom

Site Amenities

  • Laundry Facilities
  • Grill
  • Vintage Building
  • Storage Space
  • Bicycle Storage
  • Public Transportation
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00969-0038
Land Assessment
$88,200
Improvements Assessment
$1,488,150
Total Assessment
$1,576,350

zoning

Zoning Code R6A (Medium density residential district)
R6A (Medium density residential district)
  • Listing ID: 33190987

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 286 5th Ave, Brooklyn, NY 11215

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