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This property has been sold, rented, or removed from the market. The information below is kept for reference.
$9,000,000
Off Market
1 days on market
5505 5th Ave
📍 Brooklyn, Brooklyn, NY 11220
1931
Year built
Co-op
Type
About this property
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, includ
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Key facts
2,700 sq ft lot
Built 1931
Property details
Property typeCo-op
Listing statusOff Market
Lot size2,700 sqft
Year built1931
Days on market1 days
MLS #504300
Estimated monthly payment
Listing price$9,000,000
Down payment (20%)$1,800,000
Loan amount$7,200,000
Principal & interest (7%, 30yr)$47,901/mo
Property tax (est.)$8,752/mo
Home insurance (est.)$3,750/mo
Estimated total$60,403/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
