Brooklyn, NY 11232,3905 5th AVE
Brooklyn, NY 11232,3905 5th AVE
Brooklyn, NY 11232,3905 5th AVE
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$2,175,000
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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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Daniel Benzaken

Daniel Benzaken

REALTOR® | License ID: 10401305338

+1(347) 539-6680

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3905 5th AVE