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$ 5,080,000
Est. payment /mo
Active
4920 7th AVE Brooklyn, NY 11220
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 504077
Property Sub-Type Mixed Use
Property Description
Excellent investment opportunity to own a newly built 5-family mixed-use property in the heart of Sunset Park, located on bustling 7th Avenue.
The property features five spacious 3-bedroom residential apartments plus two ground-floor storefronts, offering an attractive combination of residential and commercial income potential. The property currently generates approximately $26,200 in monthly rental income, or approximately $314,400 annually.
Located in a highly active and established section of Sunset Park, the property benefits from excellent foot traffic, strong neighborhood activity, convenient transportation, and close proximity to a wide variety of shops, restaurants, services, and amenities.
The property features five spacious 3-bedroom residential apartments plus two ground-floor storefronts, offering an attractive combination of residential and commercial income potential. The property currently generates approximately $26,200 in monthly rental income, or approximately $314,400 annually.
Located in a highly active and established section of Sunset Park, the property benefits from excellent foot traffic, strong neighborhood activity, convenient transportation, and close proximity to a wide variety of shops, restaurants, services, and amenities.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Rooms
Basement Finished
Interior
Interior Features Other
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Granite, Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Century 21 Realty First
