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$2,175,000
Est. payment /mo
3,703 SqFt
Active
3905 5th AVE Brooklyn, NY 11232
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,703 sqft
Price per Sqft $587
MLS Listing ID 494479
Year Built 1919
Annual Tax Amount $30,597
Property Sub-Type Mixed Use
Property Description
Introducing a rare investment opportunity in bustling Sunset Park – a well-maintained mixed-use brick building featuring two spacious residential units over a high-income-producing commercial space. This property offers the perfect blend of stability, location, and long-term upside. The top-floor apartment boasts 3 bedrooms, while the second-floor unit offers 2 bedrooms – both in excellent condition with generously sized rooms, ample closet space, and abundant natural sunlight pouring in through oversized windows. Each unit has been meticulously maintained, making this an ideal option for owner-users or investors. The ground floor features a fully leased commercial unit currently occupied by a thriving pizzeria, generating strong monthly rental income of $7,200. The commercial tenant also covers 75% of the water bill, offering additional relief to the building owner. A brand-new roof adds even more value and peace of mind for years to come. Ideally situated near 5th Avenue, you'll find an array of local favorites including grocery stores, cafes, bakeries, and banks. Just minutes to Industry City, Costco, and Sunset Park's famed waterfront. The property is close to the D, N, and R trains, ensuring an easy commute to Manhattan and Brooklyn's major hubs. Nearby schools, parks, and community centers make this a strong draw for both families and professionals. Whether you're looking to live, invest, or both – this is the kind of versatile asset that checks all the boxes.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning M1-2
Rooms
Basement Cellar, Full
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
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