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684 5th Ave

3,405 SF Vacant Retail Building Brooklyn, NY 11215 $3,850,000 ($1,131/SF) 4.84% Cap Rate

Retail Space New York Brooklyn 684 5th Ave, Brooklyn, NY 11215

Investment Highlights

  • Excellent condition, renovated 2 family residential with storefront commercial space under new lease. High income potential, turnkey.

Executive Summary

A turnkey combination of townhouse and commercial space with buildable FAR lies in the heart of South Slope/Greenwood Heights, Brooklyn. This 25-foot wide, 3-story brick building on a 100 foot lot blends Pre War vintage Brooklyn charm with modern upgrades, offering a rare, mixed-used setup for a discerning buyer. 684 5th Ave presents a unique opportunity to “live above the store.” Residential portion of property delivered vacant, storefront has recently secured lease.
SEE BELOW FOR FULL DESCRIPTION, PHOTOS, FLOOR PLANS AND COMMERCIAL SET UP

Attachments

684 5th Ave setup PDF-2.pdfsmall

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,405 SF
Building Class
B
Year Built
1930
Price
$3,850,000
Price Per SF
$1,131
Cap Rate
4.84%
NOI
$186,324
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.12
Lot Size
0.07 AC
Zoning
R6, Brooklyn (S2) - Medium Density Residential w/ Commercial Options
Frontage
37 FT on 5th Ave

Amenities

  • Bus Line
  • Tenant Controlled HVAC
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (80)
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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Santander
Key Food
Crunch
Ctown
Rent-A-Center
Bank of America
Checkers
Ymca
Webster Bank
New York Sports Clubs

PROPERTY TAXES

Parcel Number 00640-0040 Improvements Assessment $96,720
Land Assessment $17,280 Total Assessment $114,000

PROPERTY TAXES

Parcel Number
00640-0040
Land Assessment
$17,280
Improvements Assessment
$96,720
Total Assessment
$114,000
(718) 689-6400 x4139

Contact

  • Listing ID: 32492979

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 684 5th Ave, Brooklyn, NY 11215

More public record information on 684 5th Ave, Brooklyn, NY 11215

The Retail Property at 684 5th Ave, Brooklyn, NY 11215 is currently available for sale. Contact Daniel Gale Sotheby's International Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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684 5th Ave, Brooklyn, NY for sale Building Photo- Image 1 of 2
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684 5th Ave
(718) 689-6400 x 4139

684 5th Ave

Peter Becker

(718) 689-6400

x4139

(718) 689-6400 x4139

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