5706 7th AVE Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11220
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,700 sqft
Price per Sqft $728
MLS Listing ID 494718
Year Built 1925
Annual Tax Amount $25,062
Property Sub-Type Mixed Use
Property Description
Rare Investment Opportunity in Prime Brooklyn!
This high-quality mixed-use building is located at the intersection of 57th Street and 7th Avenue — one of the most vibrant commercial corridors in Brooklyn.
Property highlights:
• One commercial storefront + 7 spacious residential units(All units feature 3 bedrooms, 1 living room, and 1 bathroom.)
• Building dimensions: 25' x 75', total building area approx. 6,700 SF
• Lot size: 25' x 100'
• Zoning: R7A, C2-4
• Total annual income: $250,000
• Property tax: $25,062
• Insurance: $8,000
• 9 electric meters and 8 gas meters
• Each unit has its own boiler and water heater (8 sets in total)
• Easy and low-maintenance management
Whether you're a seasoned investor or looking to expand your portfolio, this high-income property offers steady cash flow and strong long-term appreciation potential. Located in one of Brooklyn's most desirable neighborhoods, this is a rare opportunity not to be missed!
Contact the listing agent today for more details and to schedule a private tour!
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R7A, C2-4
Rooms
Basement Finished,Full
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood,Laminate
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 4
Foundation Block,Stone
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash