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459 5th Ave Brooklyn, NY 11215-4001

OFF-MARKET Investment properties Google Maps
5,600 SF 0.06 ac lot Built 1920
Entity Owned 4-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US63-3154883

Property summary

AI-generated overview

This exceptional retail property, located at 459 5th Ave in Brooklyn, NY 11215, offers a total of 5,600 square feet of space, with 3,000 square feet currently available for lease. The property boasts a desirable corner location in the vibrant Park Slope neighborhood, providing excellent street visibility and wrap-around frontage. Individual spaces range from 1,500 to 3,000 square feet, offering flexibility for various retail concepts. The lot size is 2,800 square feet, and the property is zoned C4-3A. This prime location benefits from exceptional public transportation access, with the D, N, and W subway lines (4th Ave - 9th St station) nearby, as well as numerous bus routes (B63, B61, B103, B67, & B69). The area is densely populated and features a strong mix of established businesses, including Walgreens, CVS, Mattress Firm, several banks, fitness centers, and various restaurants and cafes. This presents a unique opportunity to establish a thriving retail presence in a high-demand location within Kings County. The property's strategic position between 9th and 10th Streets ensures high foot traffic and visibility. This is an ideal space for businesses seeking a prominent location in a thriving Brooklyn neighborhood.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Total area 5,600 SF
Lot 0.06 ac (2,800 SF)
Zoning code C43A
APN 01011-0001
UPID US63-3154883

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
  • Bank Loan Service
  • Bank Loan Service

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$64.2M
6 recorded transactions
2022
$64.2M
2020
$561,032
2017
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C43A · Brooklyn, NY

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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