3
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$1,988,888
Est. payment /mo
Active
622 5th AVE Brooklyn, NY 11215
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Park Slope
MLS Listing ID 1024014
Rental Info No
Year Built 1919
Annual Tax Amount $9,518
Property Sub-Type Mixed Use
Source onekey2
Property Description
Rare investment opportunity in the heart of Park Slope! This prime mixed-use property is ideally situated on a heavily traveled corridor with exceptional foot and vehicle traffic, providing outstanding visibility for commercial use. Conveniently located near public transportation, shopping, schools, and neighborhood amenities, with immediate access to the Prospect Expressway. The property features a street-level retail space occupied by a well-established dry cleaning business with approximately 2.5 years remaining on the current lease, offering immediate rental income. Above the commercial space are two residential apartments consisting of a spacious 6-room unit over a 5-room unit, both of which will be delivered vacant, providing excellent opportunities for owner occupancy or market-rate rentals. Additional features include a full basement with street access, three separate gas-fired boiler systems, separate hot water heaters, and individual utility meters. The property has been well maintained and is in good overall condition. An outstanding opportunity for investors, owner-users, or developers seeking a highly visible, income-producing asset in one of Brooklyn's most desirable neighborhoods.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full, Storage Space, Unfinished, Walk-Out Access
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Brooklyn 15
School District Brooklyn 15
Others
Special Listing Condition None
Listed by Signature Premier Properties • Patrick A. Mazza
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