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31450150
31450151

5125 6th Avenue, New York, NY 11220

MS
NY 10311207810
All Island Estates Realty Corporation
Listed by All Island Estates Realty Corporation
$2,700,000
78 days on market
Updated 76 days ago

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.
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Listing Contacts

MS
NY 10311207810
All Island Estates Realty Corporation
Listed by All Island Estates Realty Corporation

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Loan Amount
$0.00
Annual Debt Service
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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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