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- LoopNet Team
5024 5th Ave
Brooklyn, NY 11220
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
ABOUT 5024 5TH AVE , BROOKLYN, NY 11220
5024 5th Avenue is a retail and apartment building located on the corner of the highly trafficked 5th Avenue retail corridor and 51st Street in the Sunset Park section of Brooklyn, NY. The subject property is built full on a 30 foot X 100 foot C4-3A zoned corner lot (Block: 00646 - Lot: 0043). The existing structure totals 7,620 SF across three floors and offers an additional 1,380 buildable square feet as-of-right. Most recently the ground floor had been occupied by Payless Shoesource. The retail space is currently vacant. The second and third floors are raw, wide-open floorplates in need of gut rehabilitation. 5024 5th Avenue offers investors, developers and owner-users the rare opportunity to purchase a strategically located commercial building in the heart of one of Brooklyn’s most desirable retail corridors and to capitalize on the area’s growth in rents and property values.
PROPERTY TAXES
| Parcel Number | 00791-0045 | Improvements Assessment | $768,600 |
| Land Assessment | $67,500 | Total Assessment | $836,100 |
PROPERTY TAXES
