5013 Avenue D
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5013 Avenue D
1,550 SF Retail Building Brooklyn, NY 11203 $700,000 ($452/SF)
Investment Highlights
- Former established restaurant location.
- Heavy Retail Corridor.
Executive Summary
Welcome to 5013 Avenue D, an excellent investment or end-user opportunity located in the heart of East Flatbush, Brooklyn. This masonry retail building, constructed in 1931, offers a prime location on a 20' x 100' lot, with a building footprint of 20' x 82', providing 1,550 square feet of retail space.
Zoned R4 with C1-2 overlay, this property offers flexible development possibilities, making it ideal for investors or businesses looking to customize a space to suit their needs. The building features solid construction and is well-positioned in a bustling commercial area, providing great visibility and foot traffic.
With property taxes of $14,385 annually, this versatile property is perfect for a variety of retail or mixed-use developments. Don’t miss out on this rare opportunity to own or invest in a thriving section of Brooklyn.
For more information or to schedule a viewing, contact us today!
Zoned R4 with C1-2 overlay, this property offers flexible development possibilities, making it ideal for investors or businesses looking to customize a space to suit their needs. The building features solid construction and is well-positioned in a bustling commercial area, providing great visibility and foot traffic.
With property taxes of $14,385 annually, this versatile property is perfect for a variety of retail or mixed-use developments. Don’t miss out on this rare opportunity to own or invest in a thriving section of Brooklyn.
For more information or to schedule a viewing, contact us today!
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
1,550 SF
Building Class
C
Year Built
1931
Price
$700,000
Price Per SF
$452
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Land Acres
0.05 AC
Zoning
C1 - 2, R4 - General Commercial & High Density Residential
Frontage
17 FT on Avenue D
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 04771-0043 | Total Assessment | $138,150 |
| Land Assessment | $27,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $111,150 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04771-0043
Land Assessment
$27,000
Improvements Assessment
$111,150
Total Assessment
$138,150
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Steve Sallion - Carthage Capital Group
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Presented by
Carthage Capital Group
5013 Avenue D
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