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714 5th Ave
Brooklyn, NY 11215
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New owners, will have the ability to renovate and increase rents based on comparable units in the area. The building itself, has a low vacancy rate.
  • The building is considered to be in an R6A zoning area and the total lot measurment is approximately 25.25 X 100 ft
  • Desirable neighborhood (Greenwood, Brooklyn).
  • Retail Space: Lease is finished in October 2023. And the 3rd floor tenant is currently on a month-to-month lease.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,660 SF
Building Class
C
Year Built/Renovated
1930/2008
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.78
Lot Size
0.06 AC
Zoning
R6A
Frontage
34’ on 5th Ave

AMENITIES

  • Bus Line
  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00646-0043
Land Assessment
$85,950
Improvements Assessment
$747,450
Total Assessment
$833,400
  • Listing ID: 28606785

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 714 5th Ave, Brooklyn, NY 11215

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