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5125 6th Ave
Brooklyn, NY 11220
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!!
- The Property Is Located In The Heart Of Brooklyn Just Blocks Off I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!!
- Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, +++!!!
- The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, 200 Amp Power, +++!!
- The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!!
- This Property Offers HUGE Upside Potential!!!
Executive Summary
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks Off I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, MicroCenter, Popeye’s Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Income:
Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28.
Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26.
Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26.
Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26.
Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26.
Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26.
Gross Income: $143,340 Ann.
Expenses:
Oil: $7,000 Ann.
Electric: $720 Ann.
Water & Sewer: $4,203 Ann
Insurance: $3,826 Ann.
Snow & Landscape: $0 Ann.
Trash: $0 Ann.
Taxes: $27,970 Ann.
Total Expenses: $43,719 Ann.
Net Operating Income (NOI): $99,621 Ann.
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Storage Space
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 00801-0001 | Improvements Assessment | $399,150 |
| Land Assessment | $8,100 | Total Assessment | $407,250 |
Property Taxes
Parcel Number
00801-0001
Land Assessment
$8,100
Improvements Assessment
$399,150
Total Assessment
$407,250
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