NY > Brooklyn
Brooklyn, NY 11220,5013 7th AVE
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Celinda Iaboni

Celinda Iaboni

Real Broker NY LLC Real Broker LLC

+1(631) 786-9603
$ 3,590,000
Est. payment | /mo
Save
$ 3,590,000
Est. payment | /mo
Save

Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 497000

Annual Tax Amount $6,985

Property Sub-Type Mixed Use

Property Description

This is an investor's dream: a highly desirable mixed-use property perfectly positioned on a prime retail corridor in rapidly appreciating Sunset Park. The building generates a strong, dual income stream from the ground-floor commercial storefront situated on bustling 7th Avenue, combined with two spacious residential apartments above. Each apartment is generously configured as a 2-Bedroom, 1-Bath unit with a dedicated living room, offering stable rental income or exceptional flexibility for an owner-occupant. The property sits on a significant 25 ft x 100 ft lot with a substantial 25 ft x 65 ft building footprint. The true value lies in the highly coveted R7A Zoning, which provides the unique opportunity for significant expansion or redevelopment, allowing for a potential buildable area of up to approximately 10,000 sq. ft. (Purchasers must consult their architect to verify all development rights). Maximize your returns today with stable cash flow, and secure your future with immense development potential in a booming Brooklyn market.

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Zoning R7A

Rooms

Basement Other

Interior

Interior Features Other

Hot Water None

Heating None

Flooring Other

Heat Source None

Exterior

Exterior Feature Other

Roof Type Other

Handicap Access Unknown

Building

Foundation Other

Others

Energy Description None

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by E House Realty & Mgt. Inc.

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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5013 7th AVE

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