474 5th Avenue — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11215

Investment Figures

Cap rate
7.10%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap are pleased to offer 474 5th Avenue is a 3-unit mixed-use building located along Park Slope’s 5th Avenue retail corridor between 10th and 11th Street. Listed at $4,250,000, and it’s as clean as they come. The property was completely gut renovated down to the studs - new systems, structure, and finishes throughout. This is not a light cosmetic update — it’s a full rebuild that shows the moment you walk through it. Investment Highlights: • 474 5th Avenue, built in 1921, is a 3-unit mixed-use asset, spanning 3 stories, approx. 4,955 SF. • Tax Class: 4 | Zoning: C4-3A, R6A | 100% Free Market • Located on one of the strongest retail and residential corridors in Park Slope, with close proximity to multiple subway lines (F, R, G).

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 86 days. Compare it against other mixed use listings for sale in Brooklyn, NY — view the full market.

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