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    7127-7129 5Th Ave Brooklyn, NY 11209

    For Sale
    $2,000,000

    Mixed-use building with apartments and commercial space in Brooklyn.

    Property size:
    4,800 SF
    Lot size:
    0.09 Acres

    Property Features for 7127-7129 5Th Ave

    General Information

    Size
    4,800 SF
    Lot size
    0.09 Acres

    Source: RE/MAX Real Estate Professionals Agent Vito Angelo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on 5th Avenue

    This mixed-use building is located on 5th Avenue in Bay Ridge, Brooklyn. The property includes 7 one-bedroom apartments and 1 commercial space. The residential units have been renovated with modern finishes and amenities. Common areas and utilities have been updated within the last 5 years. The commercial space is occupied by a doctor’s office with leases ending in 2024 and 2025. The property is classified as a 2B Tax Class, which limits tax increases. The location provides access to neighborhood attractions and parks, including the Alpine Cinema, Gino’s Restaurant, Lief Erickson Park, McKinley Park and Owl’s Head Park. Public transportation is accessible via the Bay Ridge Avenue R train station and the B63 bus route. Major highways, such as the Gowanus Expressway and Belt Parkway, are also easily accessible. The property size is 4800 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.021383
    Latitude
    40.631768

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with apartments and commercial space in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 7127-7129 5Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime 5th Avenue location in Bay Ridge, Brooklyn.; - Mix of residential (7 apartments) and commercial (1 space) units providing diversified income.; - Stable income from commercial tenant (doctor's office) with leases extending to 2024 and 2025.
    (718) 887-5708
    Request Owner's contact information
    7127-7129 5Th Ave Brooklyn, NY 11209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7127-7129 5Th Ave Brooklyn, NY 11209
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