5102 5th Ave, Brooklyn, NY 11220

5102–5106 5th Avenue represents a rare opportunity to acquire a newly re-positioned, mixed-use asset along 5th Avenue — the primary commercial corridor of Sunset Park, Brooklyn. The property is anchored by a new 15-year lease with Bank of America, an investment-grade, nationally recognized credit tenant, and complemented by 14 free-market residential apartments and further complimented by a T-Mobile Antenna of which the lease has annual increases, creating a durable blend of long-term income stability and residential upside.The property also includes a 2,500 SF ancillary storage component, currently vacant, offering additional income upside upon lease-up.

The building has undergone a comprehensive renovation and features modern systems, high-quality construction, and a low-maintenance ownership profile. The residential component consists of well-designed, luxury apartments with in-unit washer/dryers, individual heating and cooling, and contemporary finishes, catering to strong and consistent rental demand driven by the surrounding dense, transit-oriented neighborhood.

The retail component provides predictable cash flow backed by Bank of America’s corporate credit, securing a meaningful portion of the property’s NOI under a long-term lease. The asset’s location offers irreplaceable frontage along 5th Avenue, immediate access to the R and N subway lines, and proximity to a deep mix of national retailers, daily-needs services, and neighborhood amenities that reinforce long-term tenant demand.

Situated in a supply-constrained Brooklyn submarket with limited new development opportunities, the property benefits from strong demographics, exceptional population density, and continued capital inflows. This offering presents investors with a core-plus Brooklyn investment that combines credit retail security, free-market residential income, and long-term value preservation in one of New York City’s most resilient neighborhoods.