5507 Avenue N - Office/Residential FOR SALE


Brooklyn, NY 11234- Flatlands
$1,289,000 USD
917-627-3169
5507 Avenue N, Brooklyn, NY for Sale
$1,289,000 USD
Office/Residential - FOR SALE
1/18
null | Request Cap Rate

5507 Avenue N
Brooklyn, NY 11234
Flatlands


HIGHLIGHTS

  • Income producing property.
  • High visibility location.
  • Great investment or owner user property.
  • Retail tenant with several years left on lease.

OVERVIEW

Our Commercial division is delighted to present this well sought after semi-detached mixed-use building in the Old Mill Basin section of Brooklyn NY. The oversized property is 3,450 interior usable space. The top floor consists of a 3-bedroom ,1 bath unit that is in need of renovation and the projected rent for a large 3 bedroom is Impressive. The second floor is set-up as a BEAUTIFUL office space with a conference room, private offices and administration station and has European bathroom. The space is ideal for end user or professional tenant to occupy. The first-floor tenant is a well-established nail salon and spa in the community, they utilize the first floor and the finished basement plus pay (90% of water bill). All the tenants pay their own gas and electric, all mechanicals have been up-dated. This is an ideal investment property for anyone's portfolio or owner user.

FOR SALE DETAILS

PRICE

$1,289,000 USD

PRICE/SF

$374 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,950 SF

ZONING

R3-2

APN/PARCEL ID

07880-0008

ASK ABOUT THIS PROPERTY

Kevin StileBergen Basin RealtyMore Info
917-627-3169

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Kevin StileBergen Basin RealtyMore Info
917-627-3169

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.