5721 5th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $23,795/month
About This Home
Great opportunity to own this mixed-used building in a Prime location in the heart of Sunset Park 5th Ave business district. 4 residents units plus 2 commercial units. Current rent roll around $14,600/month. No lease for all the tenants means the future owner has more upside rent potential. Lot: 25x100, building: 25x65. Close to R train and all. A few blocks to Brooklyn Chinatown on 8th Ave.
Property Details
Property Type
- Other
Est. Annual Taxes
- $24,559
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Property is zoned c2-4/R6A
Home Design
- Mixed Use
- Block Foundation
Additional Features
- Basement Cellar
- 220 Volts
Community Details
- 4 Units
Listing and Financial Details
- Tax Block 848
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,766 | $546,300 | $67,500 | $478,800 |
| 2024 | $27,766 | $490,050 | $67,500 | $422,550 |
| 2023 | $25,226 | $454,500 | $67,500 | $387,000 |
| 2022 | $24,559 | $460,800 | $67,500 | $393,300 |
| 2021 | $22,799 | $424,800 | $67,500 | $357,300 |
| 2020 | $17,099 | $466,200 | $67,500 | $398,700 |
| 2019 | $21,546 | $474,120 | $67,500 | $406,620 |
| 2018 | $20,827 | $158,184 | $18,016 | $140,168 |
| 2017 | $19,639 | $154,404 | $18,633 | $135,771 |
| 2016 | $18,431 | $142,968 | $19,045 | $123,923 |
| 2015 | $11,966 | $132,379 | $19,111 | $113,268 |
| 2014 | $11,966 | $131,414 | $22,762 | $108,652 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2023 04/27/23 | For Sale | $3,999,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $550,000 | Fidelity National Title | |
| Deed | -- | First American Title Ins Co |
Source: Brooklyn Board of REALTORS®
MLS Number: 473606
APN: 00848-0002
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