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135 5th Ave
Brooklyn, NY 11217
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Incredible location and condition.
- A Full Basement with Separate Front and Back Gate Entrances and a Full Bathroom create Flexible and Convenient Options and Ease of Use.
- 4,800 SQFT of Living/Commercial Space that fetch Top Dollar on Today's Leasing Market.
EXECUTIVE SUMMARY
Welcome to your Once in a Lifetime Dream Investment Opening... Discover this Rare Opportunity to Own a Vacant Massive High Income Producing 4 Story Mixed-Use Historic Brownstone Property in Absolute Prime North Park Slope, just steps from Barclays Center! Enjoy a Highly Desirable Ground Floor Store Front with Private Backyard Access and Three separate Floor-Through 3 Bedroom 1 Bath Apartments with Tons of Beautiful Original Details Fully Restored throughout including Exposed Brick, Hardwood Floors, Custom Wood Trim and New Stainless Steel Kitchens. This Sun-Drenched Favorable R6A Zoned Solid Brick Construction sits on a 20' X 80' Lot with a 20' X 60' Building Footprint, offering 4,800 SQFT of Living/Commercial Space that fetch Top Dollar on Today's Leasing Market due to the Incredible Location and Condition. A Full Basement with Separate Front and Back Gate Entrances and a Full Bathroom create Flexible and Convenient Options and Ease of Use. Only One House in from the Corner of St. Johns Pl and 5th Avenue, this Eye Catcher Benefits from the Tremendous Foot Traffic that this Red Hot Trendy Neighborhood has become known for... Close Proximity to Grand Army Plaza, Prospect Park, Brooklyn Botanical Gardens, Countless Successful and Busy Restaurants, Cafes, Bars and Retail Establishments all along 5th Ave and Beyond. Rest Assured, you will be in Excellent Company whether you are a Developer, Investor or End Users alike! On top of all that, commute into the city in just minutes away! Don't let the Chance Slip by to Own a Piece of History that has Appreciation, Earnings and Revenue Written All Over It!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,800 SF
Building Class
C
Year Built
1920
Price
$4,900,000
Price Per SF
$1,020.83
Tenancy
Single
Building Height
4 Stories
Building FAR
2.76
Lot Size
0.04 AC
Zoning
R6A - R6A Zoning is a medium-density residential zoning district. It is a contextual zone that follows the regulations of the Quality Housing Program.
Frontage
27’ on 5th Ave
AMENITIES
- Bus Line
- Commuter Rail
- Fireplace
- Metro/Subway
- Signage
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00944-0002 | Improvements Assessment | $861,750 |
| Land Assessment | $188,100 | Total Assessment | $1,049,850 |
PROPERTY TAXES
Parcel Number
00944-0002
Land Assessment
$188,100
Improvements Assessment
$861,750
Total Assessment
$1,049,850
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