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Property profile

5002 5Th Ave Brooklyn, NY 11220

OFF-MARKET
Office Spaces
View Sample
7,400 SF Built 1931

Property summary

AI-generated overview

This exceptional 2,200 square foot office space, located at 5002 5th Avenue in Brooklyn's Sunset Park submarket, presents a unique investment opportunity. Situated in a Class B building constructed in 1931 and renovated in 2011, this single-tenant space offers high visibility with nearly 30 feet of frontage on a bustling 5th Avenue. The property is part of a larger building totaling 7,400 square feet across three stories, situated on a 3,000 square foot lot. Its versatile design makes it suitable for various uses, including traditional office, executive office, medical office, creative office, or co-working space. The C4-3A zoning allows for a range of business types. Benefit from the high foot traffic of this vibrant commercial corridor and the convenient access to public transportation within a short walk. This location offers immediate access to the area's established retail infrastructure, providing a strong foundation for business growth. The property's address is 5002 5th Avenue, Brooklyn, NY 11220. This is a chance to establish your business in a thriving Brooklyn neighborhood. Don't miss this chance to secure a prominent location in Sunset Park.

Property profile

Verified
Property type Office Spaces
Year built 1931
Total area 7,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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