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4405 5th Ave

7 Unit Apartment Building $3,373,954 CAD ($481,993 CAD/Unit) 5.08% Cap Rate Brooklyn, NY 11220

Executive Summary

Great investment opportunity! Prime location in Sunset Park near the B63 bus line, D, R, N, and W 45th St subway station, and all the stores and restaurants that 5th and 8th Ave have to offer. Sturdy brick building that has seven 2-bedroom family apartments as well as a store and a full basement. Store is leased until 2020. All apartments currently rented. Annual rent roll is approximately $119000. Commercial tenant pays 35% of property tax and heat expenses. Solid returns at 5% cap rate.

Property Facts

Price $3,373,954 CAD
Price Per Unit $481,993 CAD
Sale Type Investment
Cap Rate 5.08%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.05 AC
Building Size 5,132 SF
No. Stories 4
Year Built 1926

Unit Amenities

  • Hardwood Floors
  • Basement
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00739-0007
Land Assessment
$10,716 CAD
Improvements Assessment
$424,980 CAD
Total Assessment
$435,695 CAD

zoning

Zoning Code R6A
R6A
  • Listing ID: 28710972

  • Date on Market: 2023-06-09

  • Last Updated:

  • Address: 4405 5th Ave, Brooklyn, NY 11220

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