5125 6th Ave

Brooklyn, NY 11220
  • $2,199,000

    Price

About the Listing CBE01 - 176463

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 Off 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.): $42,000 Ann. (Available) Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26. Apt. 3L (2 Br.): $21,300 Ann.; Lease Exp.: 9/1/26. Pro Forma Gross Income: $160,140 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. Pro Forma Net Operating Income (NOI): $116,421 Ann.

Listing Highlights

Status Active
Days on Site 175
Property Type Commercial Sale
MLS ® 979650
Year Built 1908

Interior Details

  • Appliances:
  • Air Cond: Multi Units
  • Heating: Oil
  • Fireplaces:
  • Floor:
  • Basement: See Remarks
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $27,970
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00801-0001
  • Tax Year: N/A

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5125 6th Ave Brooklyn, NY 11220

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Originating MLS: onekey2

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