Address
5505 5th Avenue, Brooklyn, NY
Price
$ 9,000,000
Property Attributes
  • MLS#504300
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSunset Park
  • Zip11220
  • StyleMixed Use
  • Year Built1931
  • Taxes$ 38831
  • Price$ 9,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.061983 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Rare opportunity to acquire a three-building Brooklyn portfolio. The portfolio consists of 5505 5th Avenue, 5507 5th Avenue, and 4811 5th Avenue, strategically located along the vibrant 5th Avenue commercial corridor. The properties offer a diversified mix of commercial and residential income, providing investors with strong in-place cash flow and long-term investment potential in one of Brooklyn’s established neighborhoods. Nearly $500,000 in annual NOI. Approximately 5.5% cap rate based on current financials. The portfolio is being offered at $9,000,000. Qualified investors and cooperating brokers are invited to contact the exclusive listing broker for additional information, including the rent roll, income and expense statements, property details, and showing arrangements.

Price History
9/7/2026 Listed $9,000,000

General Features

Roof Flat
Zoning C4-3A
Electric 110 V,220 V
Stories Count 4
Property Type Mixed Use
Block 832
Lot Number 7
Yearly Taxes 38831.00
Transaction Type Sale
Insurance Expense 9000.00
Utility Expense 1200.00
Gross Expense 79631.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Attached
Status Active
Fuel Expense 18000.00
Construction Materials Brick
Cumulative Days on Market 18
MLS Area Sunset Park
Sub Type Mixed Use
Year Built 1931
City Brooklyn
Borough Brooklyn
Number Of Stores 2
DOM 18
Sale Type Arm's Length
# Families 6
Public Remarks Rare opportunity to acquire a three-building Brooklyn portfolio. The portfolio consists of 5505 5th Avenue,5507 5th Avenue,and 4811 5th Avenue,strategically located along the vibrant 5th Avenue comme

Interior Features

Heating Fuel Gas
Flooring Ceramic,Hardwood,Tile
Hot Water Gas
Lavatories Other
Basement Amenities Other
Commercial Features Exterior None
Commercial Features Interior Other,None

Exterior Features

Exterior Brick
Yard Other
Foundation Poured Concrete
Lot Sq Ft 2700
Loading Docks None
Building Length 60.00
Building Width 27.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 27

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Mixed Use Average in 11220

Price
AVG $4.05M
$9M
Taxes
AVG $29,673
$38,831
Year Built
AVG 1926
1931
Visits
AVG 108
12
Data Provided by Inside Real Estate®
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