7601 5th Ave
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7601 5th Ave
7,974 SF 85% Leased Retail Building Brooklyn, NY 11209 $2,100,000 ($263/SF) 5.24% Cap Rate
Investment Highlights
- Great location corner of 5th Ave and 76th St.
- High visibility with great access to public transportation
Executive Summary
Bayridge location corner brick building, 3 story, plus 2 family, with a lot size of 21 by 95. Zoning is R6B and C1-3. The basement is 20x95 SF, 1st is 20x95 SF, 2nd and 3rd floor are 20x60 SF.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,974 SF
Building Class
C
Year Built/Renovated
1931/1990
Price
$2,100,000
Price Per SF
$263
Cap Rate
5.24%
NOI
$110,000
Percent Leased
85%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.03
Lot Size
0.09 AC
Zoning
R6B, C1-3 - R6 - Medium density residential district
Frontage
20 FT on 5th Avenue
Amenities
- Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (93)
Bike Score ®
Very Bikeable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $318,930 | |
| Land Assessment | $128,580 | Total Assessment | $447,510 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$128,580
Improvements Assessment
$318,930
Total Assessment
$447,510
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7601 5th Ave
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