$6,499,000
Updated a year ago
Off Market

5002 5th Ave

Sunset Park, Brooklyn | 50th Street & 51st Street

4 Baths7,400 Square FeetMixed Use

$6,499,000
floors / apts3 / 2
Lot Size30'x100'
Built Size30' wide
ZoneC4-3
Building TypeLow-Rise
RE Taxes$56,396
Price Per SF
$878

Property Description for 5002 5th Ave

Welcome to this Solid brick construction semi-detached 2-family and 5-store in Sunset Park. Attention Investors. I am excited to present a prime investment opportunity located in the highly visible and heavily trafficked Sunset Park area. This property sits on a 30 x 100 lot and is a corner property featuring a mixed-use building with 5 stores and 2 residential units. Situated in the bustling 5th Avenue business district, this property offers exceptional exposure and foot traffic. Property Highlights mixed-use building: Comprising 5 retail stores and 2 residential units. Located on a prominent corner in a high traffic area. The current rent rolls: Net Operating Income (NOI) is approximately $358,749.40 annually. Convenient located close to public transportation, including the R train, and just a few minutes from Brooklyn's Chinatown on 8th Avenue. The amenities include easy access to shopping, grocery stores, restaurants, and more. This property is a rare find in Sunset Park and offers great potential for both retail and residential income. With its strategic location and substantial NOI, it presents an outstanding investment opportunity. For more information or to schedule a viewing, please contact me at your earliest convenience. Don't miss out on this exceptional investment opportunity!

Listing History for 5002 5th Ave

Now
04/01/2025
POM by Anthony P. Frazzetta
Century 21 Realty First
02/11/2025
Back on the Market by Anthony P. Frazzetta
Century 21 Realty First

Building Details for 5002 5th Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/2
Learn More About the Building

Contact Agents

Contact Agents

Anthony Frazzetta
Century 21 Realty First
Jin Xiu Li Chen
Century 21 Realty First
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: 96512TH