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157 North 5th Street

Brooklyn, NY 11211
  • $3,599,000
  • STATUS: Active
  • ON SITE: 263 Days
  • MLS #: H6321417
UPDATED: 60 min ago
$3,599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1899
County:
Area:

School Ratings & Info

Description

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).

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-23T09:17:54.317.
www.mwestates.com/homes/153269438
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157 North 5th Street Brooklyn, NY 11211

  • Price: $3,599,000
  • Status: Active
  • On Site: 263 Days
  • Updated: 60 min ago
  • MLS #: H6321417
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1899
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Property Description
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).
Exterior Features

Construction Materials Frame Lot Features Level Parking Features On Street Road Responsibility Public Maintained Road Stories 4 Waterfront YN No

Interior Features

Appliances DishwasherMicrowaveRefrigerator Basement YN No Cooling Wall/Window Unit(s) Number Of Heating Zones 4

Property Features

Additional Fees YN No Additional Parcel YN No Annual Rental Income 182400 Association YN No Building Area Total 4000 Electric Company Con-Edison Heating Hot WaterNatural Gas Inclusions Oven/Range Number Of Residential Units 3 Permitted Uses BusinessOfficeRetail Property Condition Actual Property Sub Type Multi Family Seasonal YN No Sewer Public Sewer Sprinkler System YN No Street View Param 1$40.71655$-73.958335$259.96$13.33$1.00$CAoSLEFGMVFpcFBxVmN6WEZsMWw4Z2J4QXlQUGtKZWNtTkp2dnpPQW5BeVNXV3ps Tax Annual Amount 5014 Usable Area 4000.00 Water Access YN Yes Water Source Public Zoning R6B

Listing courtesy of Thomas J. Gagliano II of eRealty Advisors, Inc: 914 7126330
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-23T09:17:54.317.
 
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