5507 5th Avenue, Brooklyn, New York 11220

$9,000,000

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List Price
$9,000,000
Status
ACTIVE
MLS#
504314
Year Built
1931

Property Description

Rare opportunity to acquire a three-building Brooklyn portfolio. The portfolio consists of 5505 5th Avenue, 5507 5th Avenue, and 4811 5th Avenue, strategically located along the vibrant 5th Avenue commercial corridor. The properties offer a diversified mix of commercial and residential income, providing investors with strong in-place cash flow and long-term investment potential in one of Brooklyn’s established neighborhoods. Nearly $500,000 in annual NOI. Approximately 5.5% cap rate based on current financials. The portfolio is being offered at $9,000,000. Qualified investors and cooperating brokers are invited to contact the exclusive listing broker for additional information, including the rent roll, income and expense statements, property details, and showing arrangements.

Additional Information

Stories
4
Lot Size
2,700
Flooring
Ceramic, Hardwood, Tile
Basement
Other
Heating
Gas

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Calculator source: Real Geeks

Listing courtesy of E House Realty & Mgt. Inc..