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4405 5th Ave

7 Unit Block of Flats £1,877,098 (£268,157/Unit) 5.08% Net Initial Yield Brooklyn, NY 11220

Executive Summary

Great investment opportunity! Prime location in Sunset Park near the B63 bus line, D, R, N, and W 45th St subway station, and all the stores and restaurants that 5th and 8th Ave have to offer. Sturdy brick building that has seven 2-bedroom family apartments as well as a store and a full basement. Store is leased until 2020. All apartments currently rented. Annual rent roll is approximately $119000. Commercial tenant pays 35% of property tax and heat expenses. Solid returns at 5% cap rate.

Property Facts

Price £1,877,098 Apartment Style Mid Rise
Price Per Unit £268,157 Building Class C
Sale Type Investment Lot Size 0.05 AC
Net Initial Yield 5.08% Building Size 5,132 SF
No. Units 7 Number of Floors 4
Property Type Residential Year Built 1926
Property Subtype Apartment
Price £1,877,098
Price Per Unit £268,157
Sale Type Investment
Net Initial Yield 5.08%
No. Units 7
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.05 AC
Building Size 5,132 SF
Number of Floors 4
Year Built 1926

Unit Amenities

  • Wooden Floors
  • Basement
1 of 1
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00739-0007 Improvements Assessment £237,388
Land Assessment £5,986 Total Assessment £243,373

PROPERTY TAXES

Parcel Number
00739-0007
Land Assessment
£5,986
Improvements Assessment
£237,388
Total Assessment
£243,373

zoning

Zoning Code R6A
R6A
(718) 382-0005

Contacts

  • Listing ID: 28710972

  • Date on Market: 09/06/2023

  • Last Updated:

  • Address: 4405 5th Ave, Brooklyn, NY 11220

The South Brooklyn Residential Property at 4405 5th Ave, Brooklyn, NY 11220 is currently available. Contact Momentum Real Estate for more information.

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4405 5th Ave
(718) 382-0005 x

4405 5th Ave

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Mitchell Duong

(718) 382-0005

(718) 382-0005

Ronald Chui

(646) 210-2768

(646) 210-2768

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