7127 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $13,730/month
Total Views
13,076
7
Beds
7.5
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Property is near public transit
- Wood Flooring
- Dining Room
- Junior High School 259 William McKinley Rated A
- Living Room
- Heating System Uses Steam
About This Home
This is a rare opportunity to own a mixed-use building on the desirable 5th Avenue in Bay Ridge, Brooklyn. The property features 7 one-bedroom apartments and 1 commercial space, with only one free-market unit and the rest rent-stabilized. 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. The commercial tenant - doctor's office with leases ending in 2024 and 2025, 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,491
Year Built
- Built in 1907
Lot Details
- 2,008 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 4-Story Property
- Living Room
- Dining Room
- Wood Flooring
- Walk-Out Basement
- Oven
Bedrooms and Bathrooms
- 7 Bedrooms
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
Community Details
- Bay Ridge Community
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | For Sale | $2,150,000 | -- | -- |
Source: NY State MLS
Similar Homes in Brooklyn, NY
Source: NY State MLS
MLS Number: 11391497
APN: 05893-0003
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