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7624 5th Avenue 7624 5th Ave 3,655 SF 100% Leased Retail Building Brooklyn, NY 11209 $2,515,583 CAD ($688.26 CAD/SF)

Investment Highlights
- Heavy Foot & Car Traffic
- Convenient Shopping
- Public Transportation Accessible (R Train, B63, B4)
- Neighborhood - Bay Ridge (highly desirable)
Executive Summary
Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklyn’s most sought-after neighborhoods. Sellers are motivated, present all offers!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,655 SF
Building Class
B
Year Built
1931
Price
$2,515,583 CAD
Price Per SF
$688.26 CAD
Percent Leased
100%
Building Height
3 Stories
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05951-0051 | Improvements Assessment | $117,222 CAD |
| Land Assessment | $30,448 CAD | Total Assessment | $147,670 CAD |
Property Taxes
Parcel Number
05951-0051
Land Assessment
$30,448 CAD
Improvements Assessment
$117,222 CAD
Total Assessment
$147,670 CAD
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7624 5th Avenue | 7624 5th Ave
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