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Map
$4,566,589*
●
Commercial -
Off Market
5601 7th avenue
Brooklyn, NY 11220
Studio
0 Bath
$3,200,000 - $3,910,000
Reference Base Price*
28.46%
Since Feb 1, 2021
NY-New York
Primary Model
About This Property
• 50% Commission Split with other brokers • The property is a
corner, mixed use property at the intersection of 56th and 7th
avenue, a busy retail corridor. • The asset
benefits from diversified income streams from 5 current retail
businesses and 2 apartments. • The investment
presents an immediate opportunity for upside: All the apartments
will be delivered vacant. • 2,000+ SF Air rights
available on the property provide several paths for redevelopment
and asset repositioning here.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1931
Price History
Property Highlights
5601 7th avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/01/2020
|
|
Loft
|
-
|
-
|
$3,555,000
Loft
-
|
$3,450,000
-2.95%
01/12/2021
|
Romain Sinclair
GREYSTEEL NEW YORK, LLC
|
Building Info
