Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.
Listing By
Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
157 North 5th Street | MLS# 903870
This commercial property located at 157 North 5th Street, Brooklyn, NY 11211 is currently listed for sale with an asking price of $3,600,000. Search Brooklyn real estate on www.cbamhomes.com today.