5019 Avenue N
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5019 Avenue N
2,800 SF 29% Leased Retail Building Brooklyn, NY 11234 $1,280,000 ($457/SF)
Executive Summary
Introducing an exceptional opportunity in the vibrant neighborhood of Flatlands! 5019 Avenue N is a solid-brick 2-family plus storefront building is located in a prime, high-traffic location. The ground floor commercial space will be delivered vacant making this an ideal property for an end-user, investment or 1031 exchange opportunity. This building is located on a retail corridor with a strong residential base. There is a bus stop on the corner of the block as well as across the street. The second floor consists of a 2-bedroom, 1-bathroom layout with hardwood floors and a 1-bedroom, 1-bathroom apartment with hardwood floors as well. Opportunities like this are exceedingly rare in this sought-after area. Don't miss your chance to seize this highly desirable mixed-use building!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,800 SF
Building Class
C
Year Built
1931
Price
$1,280,000
Price Per SF
$457
Percent Leased
29%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Land Acres
0.05 AC
Zoning
R3-2 - R3 - Low density residential district
Frontage
19 FT on Avenue N Ave
Amenities
- Restaurant
- Signage
- Storage Space
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (79)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 07875-0002 | Improvements Assessment | $243,000 |
Land Assessment | $22,500 | Total Assessment | $265,500 |
PROPERTY TAXES
Parcel Number
07875-0002
Land Assessment
$22,500
Improvements Assessment
$243,000
Total Assessment
$265,500
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5019 Avenue N
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