6823 5th Ave — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11220

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Description

Capitalize on a lucrative value-add opportunity with this 11,500-square-foot mixed-use corner building at 6823 5th Avenue, Brooklyn, NY 11220. Located in the bustling Bay Ridge corridor just one block from the R subway station, this asset is primed to maximize returns through strategic leasing. This property presents an exceptional opportunity for an investor to acquire a versatile asset in a high-traffic Brooklyn location. With the potential to realize higher income through strategic leasing, an investor can completely optimize the tenant mix and reposition the property to capture peak market rates. Investment Highlights: • Total Space: 11,500 sq. ft. across two retail units and two floors of office Corner elevator mixed-use value add opportunity. Contains a legal selling basement with elevator access. • Unit Breakdown: 5,493 sq. ft. of retail space and 5,986 sq. ft. of office space. • Zoning: R6B, C1-3, providing versatile flexibility for commercial and potential residential conversions. • The top two floors have historically been used as office spaces. Currently the floors are divided into 9 individual offices each. Each floor contans two bathrooms, large eat-in kitchen and reception area.

Market Context

This mixed use in Brooklyn, NY is listed for sale. Compare it against other mixed use listings for sale in Brooklyn, NY — view the full market.

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