About 480 5th Avenue
Prime Mixed-Use Corner Building for Sale This is a rare opportunity to acquire a mixed-use investment property situated on a prominent corner lot along 5th Avenue in the heart of Park Slope, one of Brooklyn’s most desirable neighborhoods. The building features a total of seven residential units along with a ground-floor retail store. Among the residential units are one studio and five one-bedroom apartments, providing a mix that appeals to a wide tenant base. All of the units are rent-stabilized except for one, ensuring steady income while also offering long-term upside potential. The retail space benefits from excellent corner visibility and consistent foot traffic on busy 5th Avenue, making it highly attractive to commercial tenants. With its prime location surrounded by popular shops, restaurants, and everyday conveniences, this property combines strong cash flow with future growth opportunities. It presents an excellent investment for both owner-operators and investors seeking a stable asset in one of Brooklyn’s most vibrant corridors. Over 6 Cap Rate
Features of 480 5th Avenue
| MLS® # | 915437 |
|---|---|
| Price | $4,600,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,300 |
| Acres | 0.03 |
| Year Built | 1920 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 480 5th Avenue |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11215 |
Additional Information
Listing Details
| Office | EXP Realty |
|---|---|
| Office Contact | 888-276-0630 |