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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)
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.®

Nearby Major Retailers

TD Bank
Fit Body Boot Camp
Key Food
Chase Bank
Apple Bank
Green Leaf's & Bananas
Capital One
Club Pilates
Starbucks
Shake Shack

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07875-0002
Land Assessment
$22,500
Improvements Assessment
$243,000
Total Assessment
$265,500
  • Listing ID: 31134559

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 5019 Avenue N, Brooklyn, NY 11234

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