Contacts
TerraCRG
TerraCRG
Property Details
- Property Type Mixed Use
- Property Size 6,760 SF
- Lot Size 2,600 SF
- # of Floors 4
- Year Built 1920
- Date Updated Feb 7, 2025
TerraCRG has been retained to exclusively represent ownership in the sale of the mixed-use building at 51 5th Avenue in Park Slope. The fully occupied property consists of 6 residential units and 1 large commercial space across a total of 6,760 square feet. 5 of the 6 apartments are free-market and fully renovated, with condo-quality finishes and achieving an average rent of $90/SF. Each unit is a 2 bed-1 bath and has its own washer/dryer.
The 26-foot-wide building has low expenses as it is tax-class protected and the retail tenant, a popular dog-day care center (Lickers & Sniffers), covers a portion of the property taxes. The building also has significant long-term upside in the retail rent, with 5th Avenue rents exceeding $100/SF. The property has an annual gross rent roll of $424,414 and a net operating income of $360,096 after expenses.
Reach out to the broker for more info on lease terms and amenities
Getting around
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100/100
Walk Score ®
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100/100
Transit Score ®
-
93/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Park Slope
- Zip Code 11217
- Market Brooklyn
Points of Interest
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Arecibo
0.30 miles
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brooklyn taxi company
0.52 miles
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Clinton-Washington
0.69 miles
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International Car Service
0.70 miles
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Eastern Parkway - Brooklyn Museum
0.92 miles
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Eastern Parkway–Brooklyn Museum
0.92 miles
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9th Street
0.93 miles
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Jay Street–MetroTech
0.95 miles
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Castle
0.95 miles
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Carroll Street
0.95 miles
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Tesla Supercharger
0.22 miles
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Shell
0.32 miles
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Sunoco
0.80 miles
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plugNYC
0.94 miles
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Mobil
0.98 miles
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Emporium
1.20 miles
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BP
1.21 miles
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Citgo
1.21 miles
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EVgo
1.71 miles
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Revel
1.91 miles
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Garfield Garage
0.57 miles
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Cielo Garage
0.59 miles
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Underhill Garage
0.64 miles
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Rapid Park
0.65 miles
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Edison ParkFast
0.76 miles
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The Brooklyn Museum and Botanic Garden
0.99 miles
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The Parking Club
1.02 miles
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Car Park Systems
1.14 miles
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Ultra Car Park Systems
1.16 miles
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NYPD Brooklyn Tow Pound
1.38 miles
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Fairfield Inn
0.35 miles
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Union Hotel
0.35 miles
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Sonder: The Industrialist
0.42 miles
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The Baltic Hotel
0.46 miles
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Towneplace Suites
0.47 miles
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Tru by Hilton
0.50 miles
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EVEN Hotel
0.52 miles
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Holiday Inn Brooklyn Downtown
0.53 miles
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Ace Hotel
0.58 miles
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Illumination Bed & Breakfast
0.73 miles
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Food Garden Market
0.19 miles
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Marshalls
0.19 miles
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Burlington
0.20 miles
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Stop & Shop
0.21 miles
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Atlantic Center
0.22 miles
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Atlantic Terminal
0.22 miles
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Target
0.23 miles
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Whole Foods Market
0.35 miles
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DNY Natural Land
0.36 miles
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The Greene Grape
0.39 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
