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    459 5th Ave Brooklyn, NY 11215-4001
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    Property profile & analytics

    459 5th Ave, Brooklyn, NY 11215-4001

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    • Investment properties
    • 5,600 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Apr 13, 2022
    $64,169,887
    Property ID
    US63-3154883
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Webster Bank / Bank / Loan Service
    • Astoria Bank / Bank / Loan Service

    Property Details for 459 5th Ave

    Year built
    1920
    Lot size
    0.06 lot acres
    Zone code
    C43A
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    01011-0001
    APU
    10110001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 13, 2022 $64,169,887 Webster Bank N.a. Sterling Bancorp Deed —
    Oct 26, 2020 $561,032 Hwm Met Of Marcy LLC 459 Fifth Avenue LLC Grant Deed —
    Jan 13, 2017 — 5th & 10th Brooklyn LLC Todd Christopher J Warranty Deed —
    Feb 24, 2014 — 459 Fifth Avenue LLC Mannix James J Trust Grant Deed —
    — — Abrams Holdings LLC — Deed Of Trust · related $108k · Bankunited Fsb
    — — Abrams Holdings LLC — Loan Modification, Consolidation And Extension · related $8.7M · Bankunited Fsb

    Description

    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.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9865
    Latitude
    40.6686
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,802
    $63,000
    $441,900
    $504,900
    -
    $140,000
    $982,000
    $1,122,000
    More about this property
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