For Sale
$4,500,000

5913 Avenue Brooklyn, NY 11234

Two-Building Retail/Office Complex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a prime commercial property located in the vibrant Mill Basin section of Brooklyn, New York. The property, encompassing 5913-5915 Avenue N and 2372-2374-2376-2378-2380 Ralph Avenue, comprises two buildings totaling 11,295 square feet, situated on a substantial 15,295 square foot lot. The buildings feature a mix of retail spaces and two large second-floor offices, currently generating a net annual rent roll of approximately $199,389. The property also includes a 4,000 square foot parking lot, providing ample parking for tenants and customers. This package sale includes six retail stores and the two upper-level offices. The property boasts a recently installed rubber roof with a 15-year warranty, minimizing future maintenance concerns. Built in 1939, the single-story buildings offer a unique blend of character and modern functionality. The property's location in the bustling Mill Basin area ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking a strong return on investment. The asking price for this exceptional commercial property is $4,500,000. This is a package sale only, including all retail stores, the medical building, and the parking lot. Ceiling heights are noted as "Other" in the property records. The property consists of two units.

Property Details for 5913 Avenue

Property type
Retail properties, Restaurants
Square Feet
11,295 SF
Year Built
1939
Buildings
2
Stories
1
Units
2

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6196382
Longitude
-73.9178131
5913 Avenue, Brooklyn, New York

FAQs

What type of property is this?
Retail property - Two-Building Retail/Office Complex, High ROI
Where is the retail property located?
The property is located at 5913 Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5913 Avenue
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message