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About This Home

This 0-bedroom, 0-bathroom single family at 7127 5th Avenue in Brooklyn, NY is listed for $3,899,000 ($542 per sqft). Built in 1907, the home offers 7,200 sqft of living space on a 0.09 acres lot.

Agent Description

This is a rare opportunity to own Two mixed-use Side-by-side buildings on the desirable 5th Avenue in Bay Ridge, Brooklyn. Each property features 7 one-bedroom apartments and 1 commercial space, for a total of 14 residential and 2 commercial The residential units have been beautifully renovated with modern finishes and amenities, and the common areas and utilities have been updated in the last 5 years.

Spacious basement allows for bike storage and or cubicals with more potential income The commercial tenants are - 1. doctor's office and 1. jewelry story providing stable income and low turnover. The property benefits from a 2B Tax Class that limits tax increases.

The location is ideal for residents who want to enjoy the neighborhood's attractions and parks, such as the Alpine Cinema, Gino's Restaurant, Lief Erickson Park, McKinley Park and Owl's Head Park, all within a short distance. The property is also well-connected to public transportation, with the Bay Ridge Avenue R train station and the B63 bus route nearby, as well as easy access to major highways like the Gowanus Expressway and Belt Parkway.

Don't miss this chance to invest in a turn-key property with strong cash-flow potential on a prime retail corridor. Selling as a Package Deal 7127 and 7129 5th Ave. All Expenses are for both properties combined.

Key Features

  • Built in 1907
  • 0.09 acre lot
  • 4 stories

Property Details

4 stories
1907

Amenities

Hardwood

Monthly Cost Estimate

$20,853/mo

20% down · 6.5% · 30 years

Principal$2,820
Interest$16,896
Insurance$1,137

Estimates only. Actual payments may vary.

Location

7127 5th Avenue

Brooklyn, NY 11209

Property Details

Flooring

Hardwood

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 7127 5th Avenue is listed at $3,899,000 ($542/sqft). The estimated monthly payment is $16,896 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.09 acre lot, 4 stories.

This property is listed by Vito Angelo and can be reached at (718) 532-2000 or vangelo24@aol.com.

VA

Vito Angelo

Agent at RE/MAX Real Estate Professiona

(718) 532-2000

Listed by RE/MAX Real Estate Professiona

MLS# 501194· Source: listhub· Updated 25 days ago

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7127 5th Avenue, Brooklyn, NY 11209

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