$325,000
Updated 11 years ago
Sold

5016 Ave D

East Flatbush, Brooklyn | Utica Ave & East 51st Street

2 Beds2,640 Square FeetMixed Use

$325,000
floors / apts2 / 2
Lot Size20'x80'
Built Size20'x66'
ZoneR4
Building TypeLow-Rise
Price Per SF
$123

This property was sold for $325,000 on 11/26/12.

Building Amenities

  • Voice Intercom

Property Description for 5016 Ave D

This fully vacant, lender-owned mixed-use building features 1,320 SF of commercial space on the first floor and two 1BR units on the second floor. This opportunity presents a significant return with potential to exceed an 11% capitalization rate upon occupancy. The property is located on Avenue D just half a block from the nearby Utica Avenue retail corridor.

Listing History for 5016 Ave D

Now
12/06/2012
$325,000
Sold and Closed by Edward Gevinski
Cushman & Wakefield
11/26/2012
Contract Signed by Edward Gevinski
Cushman & Wakefield

Building Details for 5016 Ave D

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Edward Gevinski
Cushman & Wakefield
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: 45257TH