

Listed by All Island Estates Realty Corporation
$2,700,000
5125 6th Avenue
Details
APN 00801-0001
Property Type Mixed Use
Sub Type Mixed Use, Other
Units 6
NOI $99,621
Year Built 1908
Buildings 1
Acreage 1600.000
Parking Spaces spaces
Mixed Use
Marketing description
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, MicroCenter, Popeye’s Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Listing Contacts


Listed by All Island Estates Realty Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,621.00
$8,301.75/mo
Valuation Metrics
0
DSCR
3.69%
Cap Rate
3.69%
ROI
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