5902 14th Avenue | 25,000 SF Corner Property For Sale in Prime Borough Park
25,000 SF Corner Property For Sale in Prime Borough Park
Marketing description
5902 14th Avenue offers a strong mixed-use investment on a prominent corner in Borough Park, Brooklyn. The fully renovated building is 100% leased and income-generating, with vacancy clauses that enhance flexibility and deliver an attractive cap rate. Spanning roughly 25,000 square feet, the property includes a well-known catering hall on the ground floor and basement, featuring a full commercial kitchen. The basement and first floor each provide about 7,000 square feet, ideal for event and commercial operations, while the upper floors add adaptable space with approximately 7,000 square feet on the second floor and 3,500 square feet on the third floor.
Ideally positioned on between 59th Ave & 60th Ave, the property is located in the heart of Borough Park, one of Brooklyn’s most active and tightly knit commercial and residential neighborhoods. Enjoys excellent visibility and consistent foot traffic along 14th Avenue, a major retail corridor known for its concentration of neighborhood shops, eateries, and service-oriented businesses. The area is well served by public transportation, including nearby bus lines and subway access along 13th Avenue, providing convenient connectivity for both patrons and employees. Surrounded by a dense residential population and established local businesses, the location offers a strong demand base, making it highly attractive to commercial tenants and long-term investors alike.
25,000 SF Corner Property For Sale in Prime Borough Park
Located in the Borough Park neighborhood of Brooklyn between 59th Ave & 60th Ave near the 62nd St subway station.
Nearest Transit: D train at 62nd St and the N train at New Utrecht Ave. The B9 & B16 bus lines.
Nearby tenants include Spinka Hall, Bleu Manor, Renaissance Ballroom, Park Plumbing & Heating Supply, Better Health Studios, Brooklyn Granite, Win Xin, Savarese Italian Pastry Shoppe, New Pioneer Mechanical Corp, Macaronikids, and more!
Investment highlights
- Corner Property Fully Renovated And Rented With Vacancy Clauses, Offering A Strong Cap Rate
- Ground Floor And Basement Currently Used As A Catering Hall With A Full Kitchen
- Lot Dimensions: 80 x 100
- Building Dimensions: 80 x 100
- Building Size: 23,550 SF
- Total Commercial Units: 5
- Occupancy: 100%
- Tenancy: Multiple
- Current CAP: 7.2%
- Building Class: A
- Basement: 7,000 SF
- Floor 1: 7,000 SF
- Floor 2: 7,000 SF
- Floor 3: 3,500 SF
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