Listed by Tri State Commercial
$8,999,000
5902 14th Avenue | 25,000 SF Corner Property For Sale in Prime Borough Park
Details
APN 5712/72
Property Type Mixed Use
Sub Type Catering Hall, Commercial
Square Footage 25,000
Units 5
Cap Rate 7.60%
NOI $683,475
Occupancy 100%
Tenancy Multi
Brand/Tenant JW Ballroom Inc, SWR Equities Rapid X
Class A
Buildings 1
Stories 3
Acreage 0.184
Zoning M1-1
25,000 SF Corner Property For Sale in Prime Borough Park
Marketing description
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
- Total Commercial Units: 5
- Occupancy: 100%
- Tenancy: Multiple
- Current CAP: 7.6%
- Building Class: A
- Basement: 7,000 SF
- Floor 1: 7,000 SF
- Floor 2: 7,000 SF
- Floor 3: 3,500 SF
Listing Contacts
Listed by Tri State Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$683,475.00
$56,956.25/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
Map
Zoning
M1-1 IndustrialLight IndustrialLight Manufacturing High Performance
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View all 255 uses
View all 255 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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