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    5020 Avenue D Brooklyn, NY 11203

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    For Sale
    $849,900

    Mixed-use property with storefront and two apartments, great investment.

    Lot size:
    0.04 Acres

    Property Features for 5020 Avenue D

    General Information

    Lot size
    0.04 Acres

    Source: Home Global Realty Corp Agent Margarita M. Garcia

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

    Overview

    Mixed-Use Property in Brooklyn

    This mixed-use property presents an investment opportunity, featuring a storefront and two apartments. The storefront is currently without a lease and has a potential monthly rental income of $2,700. The two apartments, each with two bedrooms, are also without leases and generate monthly rental incomes of $2,000 and $1,400, respectively. The lot measures 20x80 feet, while the building dimensions are 20x66 feet. All units are currently rented, offering potential for increased revenue. This property is located in Brooklyn, NY.
    Location Intelligence

    Current Use by Public Records

    TT HALL LLC Event Venue Spark's Barber Shop Barber Shop The Beauty Spa Beauty Salon

    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
    -73.92926
    Latitude
    40.642084

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefront and two apartments, great investment.
    Where is this mixed-use property located?
    The property is located at 5020 Avenue D Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Mixed-use property featuring a store and two apartments.; - All units offer immediate income potential, currently rented.; - Storefront is vacant, presenting a $2,700 potential monthly income.
    (718) 210-5018
    Request Owner's contact information
    5020 Avenue D Brooklyn, NY 11203
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    Brooklyn, NY 11203
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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
    5020 Avenue D Brooklyn, NY 11203
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