Residential Apartment with Eat-In
For Sale
Contact for pricing
2-7515 5th Ave, Brooklyn, NY 11217
A refreshed apartment combines a separate dining kitchen with a spacious living area and three bedrooms.
Property Size1,100 SF
Price / SF$2.73
Days on Market16
Property Features for 2-7515 5th Ave
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Listing Agency:
RE/MAX Edge
Listed By:
ChuChu(Tina) Chen · License #10301220844
(718) 612-3088
Source:
Exprealty
Added: Oct 14
Changed: Oct 26
Last Checked: Oct 28 at 10:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential apartment offers approximately 1,100 square feet, with three bedrooms and one bathroom. Interior features include high ceilings, a large living room, and a separate eat-in kitchen with ample cabinetry. Fresh paint and updated flooring complete the living space.
The apartment is on 5th Avenue in Brooklyn, near restaurants, supermarkets, shops, and other neighborhood services. The R subway line, local buses, and major roadways provide transportation options. Nearby destinations include parks, waterfront recreation, and the 86th Street shopping district. Cold water is included.
The apartment is on 5th Avenue in Brooklyn, near restaurants, supermarkets, shops, and other neighborhood services. The R subway line, local buses, and major roadways provide transportation options. Nearby destinations include parks, waterfront recreation, and the 86th Street shopping district. Cold water is included.
Key Highlights
- Approximately 1,100 square feet with three bedrooms and one bathroom
- Separate eat‑in kitchen with ample cabinetry
- High ceilings and spacious living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,582
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,640
$671.6K
Cap Rate 7%
$479,743
$479.7K
Cap Rate 9%
$373,133
$373.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$62.3K $56.64/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$61.1K $55.51/SF
− OpEx
−$27.5K −$24.98/SF
NOI
$33.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,640
Cap Rate 7%
$479,743
Cap Rate 9%
$373,133
Alternative Uses
Best Use
Apartment 5plus
$479.7K
$419.8K – $559.7K
NOI $33,582 @ 7.0% cap · market cap 1,119.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$910.8K
$797.0K – $1.06M
NOI $63,756 @ 7.0% cap · market cap 2,125.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
9,382
Businesses Nearby
Explore this area
Business Placement
Demographics for 11217, NY
42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A refreshed apartment combines a separate dining kitchen with a spacious living area and three bedrooms.
Where is this residential income property located?
The property is located at 2-7515 5th Ave Brooklyn, NY.
What are key features of this property?
This property features: Approximately 1,100 square feet with three bedrooms and one bathroom; Separate eat‑in kitchen with ample cabinetry; High ceilings and spacious living room
