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Mixed-Use Property with Retail
For Sale
$1,988,888

622 5th Avenue, Brooklyn, NY 11215

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Days on Market57

Property Features for 622 5th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Full, Walk-Out Access, Unfinished, Storage Space
Elementary school district Brooklyn 15
Middle school district Brooklyn 15
High school district Brooklyn 15
Directions Use GPS
Standard status Active
APN 00631-0047

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9518

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1919
Number of units 3
Building materials Frame
Listing Agency: Signature Premier Properties
Listed By: Patrick A. Mazza
Added: Jul 9 Changed: Sep 1 Last Checked: Sep 3 at 1:06PM
MLS# 1024014

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This frame-built mixed-use property dates to 1919 and combines a street-level retail space with two residential apartments. The commercial space is occupied by a dry-cleaning business under a lease with approximately 2.5 years remaining. Above it, the residential units comprise a 6-room apartment over a 5-room apartment, both delivered vacant. A full basement with street access adds storage and utility space.

The property sits on 5th Avenue in Park Slope, near public transportation, shopping, schools, and neighborhood amenities, with immediate access to the Prospect Expressway. Building systems include three separate natural-gas boiler systems, separate hot water heaters, individual utility meters, public water, and public sewer. Cooling is provided by wall/window and window units.

Key Highlights

  • Street‑level retail occupied by a dry‑cleaning business with approximately 2.5 years remaining on the lease
  • Two vacant residential apartments: a 6‑room unit over a 5‑room unit
  • Full basement with street access

Property Analytics

Current Use

Hudson Kim cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Parking Lot & Garage Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,014
Businesses Nearby

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes street-level retail space and two vacant residential apartments.
Where is this mixed-use property located?
The property is located at 622 5th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,988,888.
What are key features of this property?
This property features: Street‑level retail occupied by a dry‑cleaning business with approximately 2.5 years remaining on the lease; Two vacant residential apartments: a 6‑room unit over a 5‑room unit; Full basement with street access
More about this property
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