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557 5th Avenue, Brooklyn, NY 11215

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For Sale

$4,000,000

4,890 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $818.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

A prime mixed-use building nestled in the heart of vibrant Park Slope, Brooklyn. This corner property boasts a strategic location and presents an excellent investment opportunity. The well-maintained building features a mix of residential and commercial spaces, comprising four apartments and three stores. With a current rent roll of $213,200, and a projected rent roll within a year is $288,000, this property showcases its income-generating potential. Each apartment is thoughtfully designed, offering two bedrooms and a well-appointed bathroom. The interiors boast newer granite floors, kitchens, and bathrooms, ensuring a modern and comfortable living experience for residents. The strategic placement of this mixed-use gem provides not only a steady income stream but also high upside potential for future growth and profitability. Don't miss the chance to own a piece of Park Slope's thriving real estate landscape.
MLS# 480354

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Granite
  • Heating System
    Radiator, Steam
  • Lot Size
    0.04 Acres

Map and Directions

Directions to 557 5th Avenue, Brooklyn, NY 11215

Home seller CENTURY 21 New Millennium

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 New Millennium

(410) 384-9000
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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