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6729 5th Ave, Brooklyn, NY 11220

Listed Price: $2,350,000
Sold Price: $1,950,000
4,000 Sq Ft · Mixed Use

Money maker mixed use corner building at the boundary line of Bay Ridge and Sunset Park Area. The main store is a grocery store that opens 11:00 am to 9:00 pm opened 7 days, paying $4,207 with yearly increased. The rear store on the side is a art studio which is paying $1,200 with a lease, the tenant pays $25/month for the water. The second floor features living room, dining room, kitchen, master bedroom with a half bath plus two more bedrooms. $2400 per month, tenant is ready to renew the lease in May 2021. The top floor features living room, dining room, kitchen, master bedrooms with a half bathroom plus two nice sized bedrooms which is $2500/month and this unit will be vacant before closing. Both the 2nd FL and 3rd FL units have separate boilers and water heaters. Both of rood are in excellent condition. Private driveway and detached garage. Excellent opportunity for investment, cap rate close to 5%. Minutes away from Sunset Park, close to 5th Avenue shopping and major banks with easy access to Belt Parkway and BQE. All units are in excellent condition. New owner may occupy the top floor and the garage. *** SUPER SUPER LOW ANNUAL PROPERTY TAX @ $7,397*** Can't miss this great opportunity!

Building type: Semi-Detached
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