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5721 5th Avenue, Brooklyn, NY 11220

$2,980,000
3,265 Sq Ft · Mixed Use

INVESTOR ALERT – Prime Mixed-Use Building on Brooklyn's bustling 5th Avenue! This well-maintained 2-store + 4-family property sits in the heart of Sunset Park's busiest commercial corridor, surrounded by heavy foot traffic, shops, restaurants, and transit. The two ground-floor stores are occupied by a pharmacy and a medical clinic – both long-standing, stable tenants providing reliable commercial income. Each of the four residential units features 2 bedrooms and 1 bathroom, separately metered with 6 electric meters and 6 gas meters, and tenants pay their own gas and electric – keeping landlord expenses low. Three residential units can be delivered vacant, offering immediate upside and flexibility, while the remaining unit is leased at $1,900/month with one year remaining. Projected market rents of $240,000 per year yield a strong 6.5% pro forma cap rate. A rare opportunity to own a high-traffic, income-producing asset in one of Brooklyn's most vibrant neighborhoods – ideal for investors and 1031 buyers.

Building type: Attached
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All listings are subject to errors, omissions, price change, withdrawal and sale without notice.
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