$1,800,000
Updated 8 years ago
Sold

9429 5th Ave

Fort Hamilton, Brooklyn | 94th Street & 95th Street

11 Rooms6 Beds3 Baths2,077 Square FeetMixed Use

$1,800,000
floors / apts3 / 2
Lot Size17'5"x100'
ZoneR6A
Building TypeLow-Rise
RE Taxes$8,048
Price Per SF
$867

This property was sold for $1,800,000 on 08/01/18.

Building Amenities

  • Voice Intercom

Property Description for 9429 5th Ave

Mixed use building with store plus 2 family.*** Shown ONLY by Appointment (please don't disturb tenants)*** Ground level occupied by Grocery store tenant with lease for 3 more years. 2nd floor: 3 bedroom unit $2,000 NO Lease. 3 rd floor: 3 bedrooms unite $1,900 Leased till 12-31-2021 with increase $100 in 2019. Busy 5ht avenue location . Zoned:R6A, C2-3, BR. Building: 17'x60'. Lot : 17'x100'. FAR:3. Additional Air Rights : 2,152 sq.f. Upgrades: Water heater 2017, New Windows 2016, New Boiler 2014,Roof 2105.Annual Exp. $16.126. Annual Gross Rent: $92,400. NOI $76,274. Conveniently located near : R train, Bus B8, BMW of Brooklyn, Staples,Verrazano Bridge, St. Patrick academy, PS/IS 104, Restaurants, Shopping, Fitness centers etc....

Building Details for 9429 5th Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Bay Ridge-95 St
0.06 miles
86 St
0.49 miles

Citi Bike

4 Ave & 94 St
0.08 miles
Fort Hamilton Pkwy & 95 St
0.1 miles

Contact Agent

Contact Agent

Gennadi Barmin
Exit Realty Landmark

Fort Hamilton | Brooklyn

Quick Profile

Fort Hamilton has the unique distinction of being both a military base and a neighborhood in Brooklyn. Well, technically it’s a sub-neighborhood of Bay Ridge.

Named after founding father Alexander Hamilton, the neighborhood sits in the southwestern corner of Brooklyn and it’s about a square mile in size (give or take). Its boundaries are 86th Street to the north, Belt Parkway and Fort Hamilton military installation to the south, 7th Avenue to the east, and Shore Road to the west.

The area was originally inhabited by the Canarsie Indians and later settled by the Dutch in 1620. A few decades later, thanks to land grants from Governor Peter Stuyvesant, Cornelius Van Werckhoven from the Netherlands purchased what is now Bay Ridge and Fort Hamilton for a very small amount of money.

The area remained an isolated stretch of rural land until the electric trolley line was introduced to Brooklyn in 1892. The trolley connected various points of Brooklyn and Fort Hamilton soon flourished. .

Fort Hamilton and Bay Ridge experienced waves of immigration and just like other areas of New York City it became a true melting pot. Irish and Italians immigrants made their way to the neighborhood in the early part of the 20th century followed by Syrian and Lebanese immigrants in the 1950s. More recently, Asian and Arab-Americans call Fort Hamilton home.

Modern-day Fort Hamilton may not have the cool factor that other Brooklyn neighborhoods flaunt but there are many trade-offs. It offers tree-lined streets and friendly neighbors. Most residents will tell you it has a small-town feel with the added perk of affordable housing. Fort Hamilton’s proximity to the Verrazano-Narrows Bridge and access to Manhattan-bound trains make it a very commutable neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72054TH