5013 7th Avenue, Brooklyn, New York 11220

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List Price
$3,380,000
Price Change
▼ $100,000 1775033301
Status
ACTIVE
MLS#
497000

Property Description

This is an investor's dream: a highly desirable mixed-use property perfectly positioned on a prime retail corridor in rapidly appreciating Sunset Park. The building generates a strong, dual income stream from the ground-floor commercial storefront situated on bustling 7th Avenue, combined with two spacious residential apartments above. Each apartment is generously configured as a 2-Bedroom, 1-Bath unit with a dedicated living room, offering stable rental income or exceptional flexibility for an owner-occupant. The property sits on a significant 25 ft x 100 ft lot with a substantial 25 ft x 65 ft building footprint. The true value lies in the highly coveted R7A Zoning, which provides the unique opportunity for significant expansion or redevelopment, allowing for a potential buildable area of up to approximately 10,000 sq. ft. (Purchasers must consult their architect to verify all development rights). Maximize your returns today with stable cash flow, and secure your future with immense development potential in a booming Brooklyn market.

Additional Information

Lot Size
2,500
Flooring
Other
Basement
Other
Heating
None

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Calculator source: Real Geeks

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