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Mixed-Use Building with Parking
For Sale
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5116 Avenue N, Brooklyn, NY 11234

Constructed in 1931 and accompanied by a nearby parking lot.

Property Size12,600 SF
Price / SF$285.71
Days on Market64

Property Features for 5116 Avenue N

General Information

Standard status Active
Size 12,600 SF
Property subtype Mixed Use
Zoning R3-2, C2-2
Net Operating Income $139,664

Amenities

nearby parking lot

Building Details

Year Built 1931
Buildings 1
Building Size 12,600 SF
Listing Agency: 5 Boro Realty Corp
Listed By: Nina Sabag · License #10311207532
Source: Crexi
Added: Jun 30 Changed: Aug 31 Last Checked: Aug 30 at 3:38PM

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 5 Boro Realty Corp

Investment Insights

Based on property information with market context.

This mixed-use property includes a substantial building measuring 90 feet by 140 feet. The improvements date to 1931 and are associated with Block 7896, Lot 46. A nearby parking lot provides parking for tenants, employees, and visitors.

The property carries R3-2 and C2-2 zoning designations. Its mixed-use classification and existing parking arrangement support a range of commercial and residential-oriented occupancy considerations, subject to applicable zoning requirements.

Key Highlights

  • 90' x 140' building
  • R3‑2 and C2‑2 zoning
  • Constructed in 1931

Property Analytics

Current Use

Kumon Math and Reading ... Tutoring Service

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Spa & Massage Center Nursing Home

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

Location Intelligence

Trade Area within ½ mile

2,447
Businesses Nearby
316k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 40% Shops & Services 31% Dining 16% Electronics 6%
Lowe's Home Improvements & Furnishings
71,781 visits/mo 0.4 miles
McDonald's Dining
44,677 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
38,000 visits/mo 0.5 miles
Speedway Shops & Services
24,099 visits/mo 0.1 miles
P.C. Richard & Son Electronics
20,284 visits/mo 0.4 miles

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Constructed in 1931 and accompanied by a nearby parking lot.
Where is this mixed-use property located?
The property is located at 5116 Avenue N Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 90' x 140' building; R3‑2 and C2‑2 zoning; Constructed in 1931
(855) 305-3325 Call to check price and availability
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