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Mixed-Use

32 5th Avenue

32 5th Ave, Brooklyn, NY 11217

Listing Price: $8,300,000

Cap Rate
5.53%
Number of Units
7
Occupancy
100.0%
Price/Unit
$1,185,714
Price/Gross SF
$1,368.96
Gross SF
6,063

Investment Overview

Marcus & Millichap is pleased to offer 32 5th Avenue, a free-market mixed-use property ideally located in the heart of Park Slope, one of Brooklyn’s most desirable and affluent neighborhoods. The building offers 6,063 square feet across multiple levels and sits on a 2,933 square foot lot (40' x 73.33'). With 100% free-market status, zero DOB/HPD violations, and C/O issued in December 2023, the asset presents a turnkey opportunity for investors.

Investment Highlights

  • 32 5th Avenue, built in1920, spans 3 stories and is comprised of 7 mixed-use units approx. 6,063 SF.
  • Lot 40' x 73.33' | Available Air Rights: 2,737 SF | Tax Class: 2A | 113' wraparound frontage along 5th Avenue
  • Convenient access to multiple nearby subway lines (2,3,4,5, B, D, N, Q, R) and major thoroughfares.

Exclusively Listed By

Financing By

Mixed-Use

32 5th Avenue

Listing Price: $8,300,000

Cap Rate
5.53%
Number of Units
7
Occupancy
100.0%
Price/Unit
$1,185,714
Price/Gross SF
$1,368.96
Gross SF
6,063

Investment Highlights

  • 32 5th Avenue, built in1920, spans 3 stories and is comprised of 7 mixed-use units approx. 6,063 SF.
  • Lot 40' x 73.33' | Available Air Rights: 2,737 SF | Tax Class: 2A | 113' wraparound frontage along 5th Avenue
  • Convenient access to multiple nearby subway lines (2,3,4,5, B, D, N, Q, R) and major thoroughfares.

Investment Overview

Marcus & Millichap is pleased to offer 32 5th Avenue, a free-market mixed-use property ideally located in the heart of Park Slope, one of Brooklyn’s most desirable and affluent neighborhoods. The building offers 6,063 square feet across multiple levels and sits on a 2,933 square foot lot (40' x 73.33'). With 100% free-market status, zero DOB/HPD violations, and C/O issued in December 2023, the asset presents a turnkey opportunity for investors.

Exclusively Listed By

Financing By

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