7127 5th Avenue
Listing Notes
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.
Price in context
Cheaper than 8% of the 12 homes listed nearby right now, which run $2,150,000 to $4,399,999.
See all 12 nearby listings
| Address | Asking | Size |
|---|---|---|
| 225 73rd Street | $2,150,000 | 5 bd · 3 ba |
| 264 67th Street 1 | $2,199,000 | 13 bd · 6 ba |
| 461 78th Street 6 | $2,450,000 | 16 bd · 6 ba |
| 746 68th Street | $2,450,000 | 11 bd · 4.5 ba |
| 205 76th Street 1 | $2,450,000 | 5 bd · 3 ba |
| 7215 3rd Avenue | $2,480,000 | 12 bd · 9.5 ba |
| 802 68th Street | $2,480,000 | 8 bd · 6 ba |
| 6902 8th Avenue 2 | $2,500,000 | 4 bd · 4.5 ba |
| 6801 Ridge Boulevard | $2,999,000 | 7 bd · 3 ba |
| 7612 5th Avenue 1 | $2,999,999 | 6 bd · 2 ba |
| 7001 3rd Avenue HOUSE | $3,300,000 | 8 bd · 4 ba |
| 7823 5th Avenue 1 | $4,399,999 | 15 bd · 15 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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