6729 5th Avenue

Bay Ridge

$1,950,000
Last Sold Price
Beds
4,000 Sq. Ft.
$488 / Sq. Ft.
4,000
Sq. Ft.
$488
per Sq. Ft.

Description

Money maker mixed use corner building at the boundary line of Bay Ridge and Sunset Park Area. The main store is a grocery store that opens 11:00 am to 9:00 pm opened 7 days, paying $4,207 with yearly increased. The rear store on the side is a art studio which is paying $1,200 with a lease, the tenant pays $25/month for the water. The second floor features living room, dining room, kitchen, master bedroom with a half bath plus two more bedrooms. The second floor features living room, dining room,...Money maker mixed use corner building at the boundary line of Bay Ridge and Sunset Park Area. The main store is a grocery store that opens 11:00 am to 9:00 pm opened 7 days, paying $4,207 with yearly increased. The rear store on the side is a art studio which is paying $1,200 with a lease, the tenant pays $25/month for the water. The second floor features living room, dining room, kitchen, master bedroom with a half bath plus two more bedrooms. The second floor features living room, dining room, kitchen, master bedroom with a half bath plus two more bedrooms $2400 per month, tenant is ready to renew the lease in May 2021. The top floor features living room, dining room, kitchen, master bedrooms with a half bathroom plus two nice sized bedrooms which is $2500/month and this unit will be vacant before closing. Both the 2nd FL and 3rd FL units have separate boilers and water heaters. Both of rood are in excellent condition. Private driveway and detached garage. Excellent opportunity for investment, cap rate close to 5%. Minutes away from Sunset Park, close to 5th Avenue shopping and major banks with easy access to Belt Parkway and BQE. All units are in excellent condition. New owner may occupy the top floor and the garage. Super super low annual property tax @ $7,397 Can't miss this great opportunity!
  1. Listed by Jian Yang (Carey) • Exit Realty Professionals • 2 Spaces,Detached Garage
  2. Listed by Rui (Nancy) L Wu • Exit Realty Professionals

Amenities

  • Top Floor
  • Formal Dining Room
  • Driveway
  • Garage
  • Parking Included
  • Lowrise
  • Art Studio
  • Detached Garage

Location

Listing Courtesy of Exit Realty Professionals

Sold By Exit Realty Professionals

Add your commute
LISTING UPDATED: 10/28/2021 11:19 PM

Property Details for 6729 5th Avenue

StatusSold
MLS ID449811
Days on Market98
Taxes$7,397 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1929
Lot Size1,800 SF / 20' x 90'
CountyKings County

Building

6729 5th Ave

4 Units3 StoriesBuilt in 1929

Location

Listing Courtesy of Exit Realty Professionals

Sold By Exit Realty Professionals

Add your commute

Building Information for 6729 5th Avenue

Stories3Residences4Year Built1929Building Size20' x 60'Building Sq. Ft3,600 SFLot Size1,800 SF / 20' x 90'Building Age-Building Type-

Payment Calculator

$11,258 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$616

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6729 5th Avenue

Summary
Location and General Information
  • Block: 5856
  • Number Of Stories: 2
  • Cross Street Name: 67th Street
  • Cross Street Name: Senator Street
  • Zoning: R6B
  • Roof: Flat
  • Water Front Present YN: No
  • Number Of Vacant Units: 0
Parking
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: Cash
  • Tax Amount: 7397.4
  • Gross Expense: 12397.4
  • Gross Income: $127,284.00
  • Cap Rate: .05%
Property
Lot Information
  • Lot Dimensions: 20 x 90
  • Sq Ft Total: 4000
  • Yard: None
  • Lot Number: 11
  • Lot Size Irregular YN: No
  • Lot Size Length: 90
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Baseboard, Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 300.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Unfinished
  • Commercial Features Interior: Kitchen, Living Space Available, Restrooms - Staff
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood
  • Unit Count: 5
  • Number Of Available Units: 1
  • Lavatories: None
  • Construction Materials: Brick
  • Electric: 110 V, 200 Amp, Circuit Breakers
  • Ceiling Height: 8-10 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1140.0
  • Building Length: 57.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Current Rent: 4207.0
  • Unit Room Description: 1 big room with a half bath
  • Unit Floor: 1
  • Unit Rooms Total: 1
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 2
  • Unit Category: Store
  • Unit Current Rent: 1200.0
  • Unit Room Description: art studio (1 room)
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 3
  • Unit Category: Store
  • Unit Room Description: Projected income = $300
  • Unit Floor: 1
  • Unit Projected Rent: 300.00
  • Unit Status: Vacant
  • Unit Unit Type: Garage
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2400.0
  • Unit Room Description: Kitchen and living room included
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 2500.0
  • Unit Room Description: Kitchen and living room included
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 3 Bedrooms
Agent
Agent Information
  • Net Operating Income: 114886.6
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1490780.0
Rental
Rental Information
  • Insurance Expense: 3200.0
  • Certificate Of Occupancy YN: No
  • Owner Occupied: Yes
  • Rent Income: 127284.0

Property History for 6729 5th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6729 5th Avenue

Taxable ValueLand$144,450Additions$243,450Total$387,900
Home Facts
Total Finished SqFt4,000 SqFtLot Size1,799 SqFtYear Built1929ZoningR6BAPN3058560011

Schools near 6729 5th Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ralph A Fabrizio School
PublicK to 5

Is 30 Mary White Ovington
PublicK to 8

Fort Hamilton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Exit Realty Professionals

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