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519 53rd St
Brooklyn, NY 11220
Multifamily Property For Sale · 8 Units

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INVESTMENT HIGHLIGHTS

  • Conveniently located to many retail stores and restaurants
  • Located nearby public transportation within NYC Transit

EXECUTIVE SUMMARY

Introducing a prime opportunity nestled in the heart of Sunset Park: a versatile mixed-use building featuring 6 residential units and 2 commercial units newly built in 2009. NOT RENT STABILIZED; WHOLE BUILDING IS FREE MARKET. This property offers 4 stories and a basement. The 1st floor and basement, each spanning 20 × 80, serve as 2 community office spaces, providing ample room for various businesses. There is an elevator available between the 1st floor and the basement. The upper floors, measuring 20 × 58 each, have 2 units per floor at the front and rear, each unit has 2 bedrooms and 1 bathroom. The rear unit on the 2nd floor features an expansive 500 sqft terrace, ideal for relaxation and enjoying the neighborhood surroundings. Additionally, the units on the 3rd and 4th floors all feature balconies. Each unit enjoys separate utilities, ensuring convenience and efficiency for residents and commercial occupants alike. The property’s location is ideal, situated near the vibrant business district of 5th Avenue and just minutes away from the lively 8th Avenue Chinatown, and enjoy easy access to a diverse array of amenities, including shopping, restaurants, hospitals, banks, and more. Transportation is a breeze, with access to the N and R trains, as well as the B63, B11, and B9 buses. Don’t miss out on this outstanding opportunity to invest in a well-appointed mixed-use building in one of Brooklyn’s most dynamic neighborhoods.

PROPERTY FACTS

Price Per Unit $516,319 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Hi-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,680 SF
No. Stories 4
Year Built 2009
Zoning R6B - a medium-density residential zoning district in New York City that's designed to preserve the character of a neighborhood

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Kitchen
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00808-0068
Land Assessment
$95,115 CAD
Improvements Assessment
$459,088 CAD
Total Assessment
$554,203 CAD
  • Listing ID: 32124699

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 519 53rd St, Brooklyn, NY 11220

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