7907 5th Avenue, Brooklyn, New York 11209

Property Description

Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge, featuring Two 2-bedroom Apartments and One Retail space. Fully occupied, Tenant Lease Expiration Dates are as follows: 2nd FL Apt 05/31/27; 3rd FL Apt 05/31/28; Ground Floor Retail 12/31/26. This Investment Opportunity offers some flexibility with High Upside Potential. Projected rents are: Retail 5,500/month, 2nd FL Apt $3,000/month, 3rd FL apt $2,900 bring total projected annual income to $136,800, with low annual expenses of $28,307. Potential NOI is $108,493. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!