Marcus & Millichap - Tri Borough Multi-Family

5717 4th Avenue

5717 4th Avenue
, Brooklyn

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Price: $1,430,000
Building Size: 6,840 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

5717 4th Avenue, located between 57th Street & 58th Street, is a four story mixed-use building with six apartments and two retail spaces. The property is built 25 ft x 66 ft and sits on a 25 ft x 100 ft lot with approximately 6,840 rentable square feet. The property is zoned C2-4/R7A. (Block:847 Lot:03)

There are six 1 bedroom railroad style apartments. One apartment will be delivered vacant at closing, possibly two.

This property offers investors the opportunity to capitalize on the strong and steady growth occurring in the Sunset Park section of Brooklyn.