5019 Avenue Brooklyn, NY 11234
- Mixed-use properties
- 2,000 SF
Current Use by Public Records
- Cornerstone Real Estate & Management / Real Estate Agency
- Smoke Shop / Tobacco Shop
- Majestic Touch Home Care Services, Inc. / Home Health Care Service
Property Details for 5019 Avenue
- Property size
- 2,000 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 5019 Avenue N in Brooklyn's Flatlands neighborhood presents a compelling investment opportunity. The building, constructed of solid brick, features a ground floor commercial space currently vacant, ideal for an owner-user or lease to a new tenant. The upper floors comprise two residential units: a two-bedroom, one-bathroom apartment and a one-bedroom, one-bathroom apartment, both boasting hardwood floors. Currently operating at 100% occupancy, this property benefits from its prime location on a high-traffic retail corridor with a strong residential base. Public transportation is readily accessible, with a bus stop conveniently located at the corner and across the street. The building offers a total of 2,000 square feet and is listed at $1,280,000. This presents a rare chance to acquire a highly desirable mixed-use building in a sought-after area, making it suitable for an end-user, investor, or 1031 exchange. The vacant commercial space adds significant potential for increased income and customization. Don't miss this chance to secure a valuable asset in a thriving Brooklyn neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9261
- Latitude
- 40.6192
