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5001 Avenue M Brooklyn, NY $ 999,000
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$ 999,000 Get more info
5001 Avenue M
$ 999,000
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5001 Avenue M

Brooklyn, NY, 11234
$ 999,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 6,640

5001 Avenue M, Brooklyn, NY 11234 - Image 1
5001 Avenue M, Brooklyn, NY 11234 - Image 2
5001 Avenue M, Brooklyn, NY 11234 - Image 3
Studio

Commercial Property for sale in Brooklyn, NY

for $999,000. This 3,000 square foot building was built in 1930 on a lot size of 0.04.

This mixed use building sits on the corner of Utica Ave and Ave M featuring a ton of foot traffic and great visibility. The property has 2 addresses and features 2 buildings on one block and lot. Each building is one store and one apartment with a total of 4 rental units (2 commercial and 2 residential) This is Drive by only, cash offers only. No access, building needs a full renovation please factor when making offers.

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Commercial Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,229

Style

Commercial

Lot Size

0.04

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

2400926
Features
General
Sewer City
Heating Steam Natural Gas
Zoning C2-2
Construction Materials Block
Year Built 1930
Electric 110
Property SubType Commercial
Gross Income 0.0
County Kings
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type Commercial Sale
Status Active
City Brooklyn
View Y/N N
MLS Area Flatlands
Lot Size Square Feet 1700.0
Carport Y/N N
Street Name Avenue M
Year Built Details Approx
Land Lease Y/N N
Tax Annual Amount 6229.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Flatlands
Additional Parcels Y/N N
Leasable Area 1500.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0009
Senior Community None
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Exterior
Parking Features Street
Total Parking 0.0
Condition Poor
Lot Size Area 1700.0
Number of Buildings 2
Spa N
Building Area Total 3000.0
Lot Dimensions 20X85
Lot Size Acres 0.04
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 5001
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* Excluded Features
List By
Salvatore Taormina

Listing Agent

Revolution Realty Group

Broker

saltaormina007@gmail.com

Email

Affordability Calculator

$7,159
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,640
Monthly Property Taxes
$519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1980392 Elementary School
1980393 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$999,000 -9.10% Price Down
2/20/2024$1,099,000 Listed Price

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5001 Avenue M, Brooklyn, NY, 11234 is a Commercial Property for sale at $999,000 with 3,000 sqft and a lot size of 0.04. 5001 Avenue M is a studio with 0.0 baths and was built in 1930. The property's zip code is 11234 which is in Brooklyn, NY

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